Pascal Arogorn Ibe
- Economy
- September 8, 2020
- 372 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
- 378 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
- 428 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
- 366 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
- 496 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
- 470 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
- 565 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
- 462 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
- 414 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…
- Economy
- August 25, 2020
- 403 views
Buhari lists nine priority ahead to improve livelihood of Nigerians
President Muhammadu Buhari Tuesday in Abuja assured Nigerians and the international community that his administration will use the remaining years in office to improve access to quality education, health care…
- Economy
- August 24, 2020
- 445 views
Nigeria’s economy shrinks by 6.10% in Q2
First time in more than three years, the nation’s economy shrank in the second quarter of this year as the Gross Domestic Product fell by 6 .10 per cent .…
- Economy
- August 21, 2020
- 415 views
Power generation sinks to 3,356MW after new 5,420.30MW peak
Power generation in the country fell to 3 ,356 megawatts on Thursday less than two days after a new peak of 5 ,420 .30 MW was achieved . The Transmission…
- Economy
- August 20, 2020
- 448 views
World Bank clears 35 states in Nigeria for US$1.5bn COVID-19 stimulus package
The World Bank has cleared 35 states for the US$1.5billion stimulus package for Nigeria’s states to cushion the economic effects of the COVID-19 pandemic. The plan is part of the…
- Economy
- August 20, 2020
- 445 views
Nigeria’s power transmission hits all-time peak of 5,420.3MW
The Nigerian power industry achieved another improved all – time national peak of 5 ,420 .30 megawatts, the Transmission Company of Nigeria announced on Thursday. It was also gathered that…
adminHow to pull Nigeria from the brink
.By Atiku Abubakar On Monday, April 27, 2020, British oil and gas giant, BP, became the latest in a growing number of energy firms to declare a massive quarterly loss.…
