CBN Governor in close meeting with Senate over Monetary Policies
[Channels Television] The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, is currently in a closed-door meeting with the Senate. It was gathered that Read more
Nigerian economy
Nigeria’s inflation rate hits 16.5%, highest point since 2005
[Vanguard] THE Consumer Price Index (CPI) measuring inflation in the Nigerian economy has risen to its highest point of 16.5 per cent since 2005. Report Read more
Naira dips further against dollar
[The Punch] Lagos – The Naira on Wednesday dipped further against the dollar at the parallel market . It lost 4 points to exchange at N357 Read more
FG doles out N50bn Fresh Loan to 35 states – Kemi Adeosun
[ Ifeanyi Onuba -Punch] The Federal Government has begun the disbursement of the first tranche of the N90bn conditional loan facility to some of the Read more
NNPC to raise living standards of Nigerians -Ibe Kachikwu
The Nigerian National Petroleum Corporation, NNPC, has stated that it is working on a number of initiatives that would help develop communities around the country, Read more
Pastor Adeboye: Later part of 2016 to witness positive turnaround for Nigeria
[Vanguard] By Sam Eyoboka & Olayinka Latona THE General Oveerseer of the Reedemed Christian Church Of God (RCCG), Pastor Enoch Adejare Adeboye who has declared that Read more
Willie Obiano: Anambra State Embarks on N8.5bn Housing Units Project
[AUTHORITY ] AWKA – The Government of Anambra State has signed a Memorandum of Understanding (MoU) for the building of 300 housing units valued at N8.4 Read more
Dr. Goodluck Jonathan Advises on how Nigeria can Move Forward
[Channel Television] Nigeria’s former President Dr. Goodluck Ebele Jonathan on Monday stressed the need for peace, freedom and unity for Nigeria to further develop and Read more
Nigerian Government Finally Releases Interim Report On Loot Recoveries
[Channels Television] The Federal Government has finally released the interim report on funds and assets recovered from individuals who looted the nation’s treasury. According to Read more
Former NNPC GMD, Mohammed Barkindo is New OPEC Secretary-General
[Channels Television] A former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mohammed Barkindo, is the new Secretary-General of the Organisation of Petroleum Exporting Read more
Petrol Price Increase Should Not Be Basis For Palliatives – Kachikwu
[Channels Television] The Minister of State for Petroleum, Mr Ibe Kachikwu says the lifting of petrol price should not be the basis for which government will Read more
Court Stops NLC’s Planned Strike following Attorney General’s lawsuit
[Channels Television] The National Industrial Court has restrained the Nigeria Labour Congress (NLC) from going on its planned strike on Wednesday, pending the hearing and Read more
Nigerian Senate supports Fuel Price Hike and Subsidy Removal
[Channels Television] The Nigerian Senate is backing the Federal Government in its decision to remove subsidy on petrol and peg the pump price of the Read more
Nigerian Union Federation Vows to Resist Gasoline Price Increase
The Nigeria Labour Congress, an umbrella trade union federation, vowed to resist a 67 percent increase in gasoline prices after the government moved to tackle Read more
FG Puts New Price Band Of Petrol At 145 Naira
The Nigerian government has introduced a new price band for Premium Motor Spirit (PMS) also referred to as petrol, pegging the highest price at 145 Read more
FG to privatise refineries in 12 months – Kachikwu
The federal government may have perfected plans to privatise the nation’s refineries within the next one year, according to revelations by the Minister of State Read more
N1.16tn pension fund meant for infrastructure idle – PenCom
The National Pension Commission on Wednesday said that out of the N1.16tn pension fund assets available for investment in infrastructure, only N1.36bn had so far Read more
Nigeria to overcome fuel scarcity as marketers get access to forex
The Independent Petroleum Marketers Association of Nigeria, IPMAN, said, yesterday its members have overcome Forex challenges as they have been granted Forex access to import Read more
Lagos joins oil-producing states as Aje field begins production
Twenty years after it was discovered, the Aje field located in Oil Mining Lease 113 has achieved its first oil, putting Lagos on the list Read more
Nigeria sues Shell over Bonga oil spill, demands N1.3trn compensation
Federal Government has initiated a legal action against Shell Nigeria Exploration and Production Company over the oil spillage that affected 350 communities in Delta and Read more
FG currently subsidising petrol
The Federal Government on Monday said it was currently subsidising Premium Motor Spirit (PMS) otherwise known as petrol at N12.62 per litre. It said that Read more
Labour to Buhari : Nigerians losing faith in your change mantra
[By Victor Ahiuma-Young, Johnbosco Agbakwuru & Gabriel Ewepu – Vanguard ] ABUJA — ORGANISED Labour at yesterday’s May Day celebration, told President Muhammadu Buhari that workers Read more
