Pascal Arogorn Ibe
- Business , Economy
- September 11, 2020
- 296 views
Food prices are coming down —Presidency
The Presidency on Friday says the prices of food items in the country are dropping as a result of the agricultural reforms of the administration of President Muhammadu Buhari. The…
- Business , Economy
- September 11, 2020
- 271 views
Oil fell as stockpile rise amid weakening demand
Oil prices fell for a second day on Friday, pressured by a surprise rise in U.S. stockpiles as the coronavirus pandemic continues to erode demand for fuels. Brent crude was…
- Economy
- September 10, 2020
- 260 views
Petrol subsidy removal will save Nigeria N1trn, create jobs annually -Sylva.
Mr Timipre Sylva, the Minister of State for Petroleum Resources says the Federal Government’s decision to fully remove subsidy from petrol will save the country ₦1trn annually and create massive…
- Economy
- September 10, 2020
- 300 views
Nigeria borrowed N18.89tn under Buhari – Report
• Nigeria ’ s debt rises by N2 . 38 tn , hits N 31 tn – DMO • FG – N 25 . 28 tn , states – N5…
- Economy
- September 9, 2020
- 239 views
AGENDA 2050: Buhari inaugurates National Steering Committee
……..Says new development plan will lift 100 Million Nigerians out of poverty by 2030 President Muhammadu Buhari Wednesday in Abuja inaugurated the National Steering Committee to oversee the development of…
- Economy
- September 9, 2020
- 272 views
Cross River turns to cocoa to boost revenue generation
The Cross River Government says it has diversified its revenue generation from crude oil to cocoa. Dr Oscar Ofuka, Special Adviser to Gov. Ben Ayade on Cocoa Development and Control,…
- Economy
- September 8, 2020
- 240 views
FG, states, LGs shared N3.88trn in six months – NEITI
The Federation Accounts Allocation Committee shared N 3. 879trn to the Federal Government , states , local governments , and other statutory recipients in the first half of this year…
- Economy
- September 7, 2020
- 235 views
Fani-Kayode condemns hike in petrol pump price, electricity tariff
…Hails Makinde’s giant strides in Oyo Former Minister of Aviation and chieftain of the Peoples Democratic Party (PDP), Chief Femi Fani-Kayode has condemned the increase in the pump price of…
- Economy
- September 6, 2020
- 291 views
Past govts lacked courage to remove fuel subsidy – Presidency
The presidency said that President Muhammadu Buhari demonstrated “ right courage” to take recent decisions that led to hike in fuel price and electricity tariff among others . It said…
- Economy
- August 31, 2020
- 254 views
Oil rises on stimulus support and China data set for monthly gains
Oil prices nudged up on Monday, with Brent futures set to post a fifth straight monthly gain, as global stimulus measures underpin prices even as demand struggles to return to…
- Economy
- August 30, 2020
- 367 views
Fuel subsidy returns, as NNPC pays N5.4bn as under recovery
Subsidy on Premium Motor Spirit, PMS, also known as petrol, has once again resurfaced, as the Nigerian National Petroleum Corporation, NNPC, weekend, said it incurred N5.35 billion as under recovery…
- Economy
- August 30, 2020
- 350 views
FG to inject over N600bn into agriculture for food security – Minister
The Federal Government is set to inject over N600 billion as stimulus response into the agriculture sector. The Minister of Agriculture and Rural Development, Sabo Nanono, made this known in…
- Economy
- August 30, 2020
- 431 views
Senate to bar FIRS, Customs, NBC, 57 others from getting federal allocations
Barring any last- minute changes , the Senate is set to advise the Federal Ministry of Finance, Budget and National Planning to exclude 60 federal agencies from getting allocation from…
- Economy
- August 27, 2020
- 322 views
Naira to trade at 386/$ as CBN resumes FX sale to BDCs
The Central Bank of Nigeria (CBN) says it will resume weekly forex sales to Bureau de Change operators from August 31. In a circular signed by O.S. Nnaji, director of…
- Economy
- August 26, 2020
- 303 views
Presidency reacts to Q2 NBS figure, says no cause for alarm
The Presidency says the Second Quarters 2020 Gross Domestic Product (GDP) estimates released by the National Bureau of Statistics (NBS) is relatively far better than many other countries recorded during…