Only The Blinds Will Not Attest To The Blossom Economy Under Buhari- Presidency Fires At Critics

Only The Blinds Will Not Attest To The Blossom Economy Under Buhari- Presidency Fires At Critics     BY AYOMIDE JAYEOBA The Presidency on Thursday stated that the country’s economy since it came out of recession last year has been…

Crude Prices Rise Above $80 For First Time Since 2014

AGENCY REPORT Benchmark oil contract Brent North Sea briefly surged above $80 a barrel Thursday, hitting its highest level since late 2014 and extending a recent run higher fuelled by tight supply concerns. European stock markets meanwhile rose as the…

Nigeria’s inflation drops to 12.48% in April – NBS

AGENCY REPORT The National Bureau of Statistics (NBS) says the Consumer Price Index (CPI), which measures inflation for April, decreased to 12.48 per cent (year-on-year) from 13.38 per cent recorded in March. The NBS said in its CPI and Inflation…

MONEY SPRAYERS IN TROUBLE AS CBN SLAMS N50,000 FINE ON ABUSE OF NAIRA

The Central Bank of Nigeria (CBN) has once again called on Nigerians to handle the Naira with care, as it was a symbol of the nation’s identity and pride. The Deputy Governor, Corporate Services Directorate, Mr Edward Adamu, reiterated this on Tuesday in Abuja…

ApiExpo: Bee farmers target 300MT honey export to EU market

AS Nigeria prepare to host this year’s Apicultural Expo (ApiExpo), Bee farmers across the country is currently targeting to use the Expo as a stepping stone towards exploring the potentials of exporting honey to the European Union market.AS Nigeria prepare…

N1tn power debts threatening NBET’s existence

The Federal Government has warned that massive indebtedness by power distributors to the Nigerian Bulk Electricity Trading Company amounting to 1 trillion naira may lead to the death of the firm, The Punch reports. The Federal Government is pleading with power distribution…

atiku

I will privatise NNPC, liberalise oil and mineral sectors if elected- Atiku

Nigeria’s former vice president Atiku Abubakar will privatise parts of the country’s state oil company and allow the naira currency to float to attract foreign investment if elected as head of state, he told Reuters. Abubakar also confirmed that he intends…

Nigeria has highest rate in Africa- Study

Nigeria has the highest interest rate in Africa, a study has revealed. According to a study sub-Saharan Africa has some of the highest interest rates in the world. The study conducted last year by Investmentfrontier.com, showed that four of the…