Economy

850 Nigeria refinery workers, oil workers sacked

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association (PENGASSAN) on Monday alleged that…

Read More »

House of Reps Investigates 24 Banks,14 Oil Companies over $30bn Revenue Leakages

The House of Representatives will today commence investigative hearing on 24 commercial and non-commercial banks as well as 14 international…

Read More »

N-Power: 3 Million Nigerian Youths Enrols

According to the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development on Friday, three million Nigerian youths have…

Read More »

New PPP #143.80: Labour tells FG to reverse new Petroleum Pump Price to #123.50

The Nigeria Labour Congress, NLC, on Thursday, told the Federal Government to reverse with immediate effect, the new pump price…

Read More »

Godwin Emefiele: The Beneficial CBN Framework Regulating Fintech

Earlier this week, the Central Bank of Nigeria (CBN) unveiled the regulatory framework for sandbox operations that will help control…

Read More »

Godwin Emefiele: A Roadmap That Has Defined The Nigerian Banking Sector

The Central Bank of Nigeria(CBN) which commenced full operation on July 1 1959, was established by CBN Act of 1958,…

Read More »

CBN alerts public on fake twitter handle of its director

The Central Bank of Nigeria (CBN) has described as fraudulent the operations of a fake twitter handle, @YusufPhilipYila, purported to…

Read More »

Makinde inaugurates N1bn SMEs development scheme

Gov. Seyi Makinde has inaugurated N1 billion Oyo State Micro, Small and Medium Enterprises (MSMEs) Development Scheme, as part of…

Read More »

Oil prices appreciate Friday after OPEC oil cut pledge

Oil prices rose more than one per cent on Friday, adding to gains in the previous session, after OPEC producers…

Read More »

WTO Includes Ngozi Okonjo Iweala On DG Position Election After Egypt’s Resentment

The World Trade Organisation (WTO), on Tuesday, named Nigeria’s candidate, Ngozi Okonjo-Iweala, among the three candidates whose nominations have so far been…

Read More »

Ibrahim Magu: The Anti-corruption Crusader Badge President Buhari Wears On His Chest

President Buhari is satisfied with the performance of Ibrahim Magu

Read More »

Nigeria FG says Lagos, Abuja, 3 Airports to reopen June 21

Nigeria Federal Government says ahead of the June 21 date for the resumption of domestic flights in Nigeria. Only five…

Read More »

We Can only sell petroleum at N123.5 per litre, not N121.5 new PPMC pump price

The Independent Petroleum Marketers Association of Nigeria, IPMAN, on Tuesday has said it can sell petroleum product at N123.5 per…

Read More »

Global Finance 2020: Zenith Bank emerges best bank in Nigeria

Zenith Bank Plc has emerged as the Best Bank in Nigeria in the recently released Global Finance Magazine World’s Best…

Read More »

Buhari FG reduces petrol Pump to N121.50 per litre

The Petroleum Products Pricing Regulatory Agency (PPPRA ) on Monday announced the reduction of the pump price of the Premium…

Read More »

CBN reacts to videos, pictures of new N2,000 and N5,000 in circulation

The Central Bank of Nigeria (CBN) has reacted to the circulated videos and pictures that claimed it had introduced N2,000…

Read More »

CBN Cuts MPR To 12.5 Percent, Retains Other Rates

The Central Bank of Nigeria on Thursday reduced its monetary policy rate to 12.5 percent as part of efforts to…

Read More »

NNPC reacts as Nigerians condemn appointments of ‘only Northerners’

The Nigerian National Petroleum Corporation (NNPC) says its appointments always adhere to the principle of transparency and accountability. Kennie Obateru,…

Read More »

Nigeria Is Heading Towards Recession – Finance Minister

The nation’s finance minister, Zainab Ahmed, says the coronavirus pandemic and falling oil prices are set to force the economy…

Read More »

INTERVIEW: Cost of Nigeria’s oil production unsustainable – Sylva

In this interview with Premium Times, the Minister State for Petroleum Resources, Timipreye Sylva, said in spite of the challenges posed…

Read More »

Nigeria’s oil revenue dries up and may be so for next 3 years – Bloomberg Analysis

Despite Brent-crude futures rallying in recent weeks, Nigeria, is facing a fast-looming future without reliance on fiscal revenue from its…

Read More »

COVID-19: Buhari Extends Flight Ban by A Month

The President Muhammadu Buhari led Federal Government has extended the ban of both local and international flight by another four…

Read More »

Lockdown easing: you can start paying your outstandings now – Electricity distribution company

Barely few hours after Nigerians trooped out into the streets as a result of the gradual easing of the 5-week…

Read More »

Abacha Loot: Nigerian govt receives $311 million From U.S.

The Nigerian government, on Monday, confirmed the receipt of $311 million looted by a late dictator, Sani Abacha. The Attorney-General…

Read More »

Banks To Suspend Plans To Layoff Staff, See Why

The Central Bank of Nigeria and the Bankers’ Committee have suspended layoff by banks in view of the Coronavirus Disease.…

Read More »

Atiku reveals how to pull Nigeria from economic brink

Atiku Abubakar, a former Vice President, has urged Nigeria to diversify its economy to pull the nation from the brink.…

Read More »

Reports: What Nigeria told IMF to secure $3.4 billion loan

Details emerged on Wednesday about the case the Nigerian government made to secure the approval of the Executive Board of…

Read More »

How next-generation information technologies tackled COVID-19 in China

COVID-19 is a major global public health challenge. Its outbreak in China presented the fastest spread, the widest scope of…

Read More »

Why Nigeria didn’t benefit from IMF’s debt relief – Minister

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said Nigeria did not benefit from the recent…

Read More »

N-Power payments: Expect pay alert from today

The Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development has said that the 500,000-strong N-Power enrollees throughout the…

Read More »

Buhari’s cabinet incompetent, says Atiku

Former Vice-President and PDP presidential  candidate in 2019 general election,  Atiku Abubakar has dismissed President Buhari’s cabinet as incompetent, “lacking…

Read More »

COVID-19: World Bank releases $82m to Nigeria – The Nation

Twenty-four hours after the federal government said it will ask the World Bank for the remaining $82million to strengthen public…

Read More »

FG Clarifies, Savings accounts operators not exempted from stamp duty

The federal government has clarified that deposits into savings accounts that is up to N10,000 are not exempted from the…

Read More »

Air Peace gets permit to fly India, Italy, direct from Nigeria

The federal government has given Air Peace approval to commence direct flights between Nigeria and India. The airline has also…

Read More »

FG Announces That The Killer Mysterious Disease In Benue Is Not Ebola, Lassa Fever Or Coronavirus

On Friday February 7 2020, Nigeria’s Minister of Health, Osagie Ehanire stated at a ministerial briefing in Abuja that the Nigeria Centre for Disease Control (NCDC) is working…

Read More »

Supreme Court Declines Abacha’s Family Bid To Access Bank Accounts In Switzerland, UK And Others

On Friday February 7 2020, the apex Nigerian court also known as Supreme Court declined a lawsuit filed by the family…

Read More »

Farmers Reveal The Real Reason Why Nigerian Rice Have Stones

Since the closure of land borders, there have been widespread complaints of the locally produced rice being full of stone…

Read More »

Gokada And Max Riders Protest Motorcycle Ban In Lagos

Riders of Max and Gokada, motorbike hailing services, have taken to the streets of Lagos to protest against the ban on motorcycles popularly…

Read More »

FAAN Advises Nigerian Passengers As International Airports Brace For Coronavirus

Following an outbreak of the deadly coronavirus in China, international airports yesterday went on red alert as many intensified the screening…

Read More »

FG Excludes Tuition Fee, Food items, Sanitary Towels, Pads, Others

President Muhammadu Buhari led administration in its policy of Value Added Tax(VAT) increase from 5% to 7.5%(increase of 2.5%) on…

Read More »
Back to top button
Close
Close