Friday, May 26, 2017
Petroleum

BREAKING: Nigerian Senate Breaks 17-year Jinx, Passes Petroleum Industry Bill

Finally, after 17 years Abubakar Bukola Saraki led Senate Breaks 17 year jinx by passing Petroleum Industry Governance Bill. Find below Benefits of the Bill...
investments

BREAKING: Economy Records Second Worst Investment Inflow, As FDI Drops To $908m — NBS

The Nigerian economy recorded its second worst investment inflow in 10 years, with the country attracting a total investment of $908.27m in the first...
Okonjo-iweala

Okonjo-Iweala: You Can’t Achieve Growth If You Have Forex Distortions

Ngozi Okonjo-Iweala, former minister of finance, says growth and development cannot be achieved when a country has distortions in its foreign exchange rates. Speaking at...
PORTS, deep crisis, bayelsa, business

Osinbajo Talks Tough, Bans Touting At All Nigerian Ports, Apapa Port To Run 24...

(NAN) Acting President Yemi Osinbajo, SAN, has directed the resumption of 24-hour operations at the Apapa Port and outrightly banned touting by officials or...
CHIBOK abductees, executive order

Acting President, Prof. Osinbajo Signs Three Major Executive Order Into Law

In exercise of the presidential authorities vested in the Executive arm of government, Acting President Yemi Osinbajo, SAN, today signed three executive orders that...
INFLATION

Nigeria’s Inflation Declines For The Third Consecutive Month

By: Oluwaseyi Bangudu The Consumer Price Index (CPI) which measures inflation increased by 17.24 percent (year-on-year) though at as lower pace in April 2017,...
naira forex, reserves

Naira Stable As Forex Reserves Continues On 5-Day Free Fall

The Nigerian naira remained stable at the parallel market on Monday, despite a continuous fall in the country’s foreign exchange reserves. Foreign exchange reserves which...
Soludo

Soludo: Buhari Met Bad Economy But Made It Worse

Former Central Bank Governor and professor of Economics, Prof. Chukwuma Soludo has said that President Muhammedu Buhari inherited a bad economy from the previous...
Emefiele

Emefiele: With Chinese Loan, We Will Implement Buhari’s Economic Plan

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the fiscal and monetary authorities are committed to implementing President Muhammadu Buhari’s economic...
Senate

BREAKING: National Assembly Raises 2017 Budget By N143bn

The National Assembly has raised the 2017 budget by over N143bn, up from President Muhammadu Buhari’s original proposal of N7.298tn. The new figure is now...