Saturday, 28th January 2023
Breaking News:


3 days ago
One of the reasons socialist French President – Hollande – declined from contesting for second term was that he wasn’t sure of facing a virtual opponent with great knowledge of how it operates: the financial world.
26 Oct
Three months after regulators quietly approved an increment in fuel prices, following claims by marketers that they can no longer sustain operations and sell at the regulated price of N165 per litre...
3 Sep
Vice President Yemi Osinbajo has proposed a Debt-For-Climate (DFC) Swap deal that could significantly advance global net-zero emission targets, facilitate energy access and develop African countries.
22 Aug
David Adonri, an economist and Vice Chairman of Highcap Securities Limited, is a strong advocate of fiscal discipline and a lean government.
22 Oct 2021
Notwithstanding the economic recovery recorded in the sub-Saharan Africa region, as well as the modest growth projections for the remaining part of 2021 and 2022, the International Monetary Fund
8 Oct 2021
President Muhammadu Buhari, yesterday, before a joint session of the National Assembly, unveiled a record N16.39 trillion ‘‘Budget of Economic Growth and Sustainability’’ for 2022...
25 Jul 2021
The new Petroleum Industry Bill states that oil-producing communities should be allocated three per cent of the profits made from oil proceeds.
31 May 2021
The recent approval of two fresh foreign loans of $1.5 billion and €995 million respectively, by the Senate has raised a lot of concerns among many stakeholders in the country.
8 Nov 2020
82.9 Million Nigerians Currently Live Below Poverty Line— ActionAid Lead Director of the Centre for Social Justice (CSJ), Mr. Eze Onyekpere, has said Nigeria is broke and is borrowing money to service old debts. Speaking at a two-day National Summit on Tax and Development, organised by ActionAid Nigeria, in Abuja, Onyekpere said continued borrowing to…
21 Aug 2020
I welcome the House of Representatives decision to probe the $400 million Chinese loan. But the probe appears to primarily focus on the sovereign clause in the loan agreement.
14 Jun 2020
The Abuja Municipal Area Council (AMAC) in the Federal Capital Territory (FCT) is currently owing local contractors over N12b debts
15 Apr 2020
Travel agencies in the country are on the verge of being thrown into heavy debts as customers continue to press for the refund of unused tickets, though the requests are being declined by many foreign airlines.


2 hours ago
Lagos State Governor, Mr Babajide Sanwo-Olu, on Saturday urged the Nigeria Union of Journalists (NUJ) to ensure training and re-training of reporters to curb quackery and fake news.
2 hours ago
Economic and commercial activities in Awka, the capital town of Anambra, have slowed down due to the insufficient quantity of the newly-designed N1,000, N500 and N200 in circulation.
3 hours ago
President Muhammadu Buhari has backed the Central Bank of Nigeria (CBN) to phase out the current 200, 500, and 1000 naira notes by Tuesday, January 31. The Presidency in a statement said Buhari insisted that the deadline is "aimed at people hoarding illicit funds and not the common man, and that it had become necessary…
4 hours ago
Presidential candidate of the People's Democratic Party (PDP) Atiku Abubakar on Saturday said the deadline for the use of old naira notes is unrealistic and causing discomfort. “The deadline is going to cause heavy discomfort for Nigerians," Atiku said in a video tweet. "It will be magnanimous for the Federal Government and the regulatory body…
4 hours ago
The Prof. Pat Utomi-led Big Tent Coalition of political parties and civil society groups for Obi-Datti has appealed to the Independent National Electoral Commission...