The Kogi State House of Assembly has summoned a manufacturing conglomerate – BUA Group – over…
Category: Business/Economy
CBN justifies government borrowing
The Central Bank of Nigeria (CBN) has declared that borrowing funds for development should not be misconstrued…
Finance minister Ahmed canvasses more taxes on citizens as panacea to Nigeria’s debt burden
The collection of more taxes and effective blockage of revenue leakages remain the best ways to…
Floods: Scarcity of cooking gas looms as NLNG shuts down temporarily
The Nigeria Liquefied Natural Gas (NLNG) Limited has declared force majeure due to widespread flooding that…
DMO clarifies Nigeria’s debt management situation
The Debt Management Office (DMO) has clarified that Nigeria has no plans to restructure its debt.…
BDC operators blame CBN for N730/$1 exchange rate
President of the Association of Bureau De Change (BDC) Operators of Nigeria (ABCON), Aminu Gwadabe, has…
Nigeria’s inflation rate climbs to 20.77%, highest in 17 years
* Food prices highest in Kwara, Kogi, Ebonyi The National Bureau of Statistics (NBS) has revealed…
Falana slams military for burning vessel laden with stolen crude oil
* Urges Buhari to order arrest of personnel behind arson A senior lawyer and human rights…
Stop wasting money on petrol subsidy, IMF tells Nigeria
The International Monetary Fund (IMF) has urged the Nigerian government to stop wasting the nation’s scarce…
More factories at verge of closing down, LCCI boss cries out
The Lagos Chamber of Commerce and Industry (LCCI) has predicted that the nation’s economy might witness…