The inability of Nigeria to put a total stop to gas flaring has seen the country losing an average of $692.66 million annually from flaring an average of 224. 22 billion standard cubic feet (SCF) of the product. For an economy in recession, this...
Jolted by the outcry over slow implementation of the 2016 budget, Nigeria’s government is said to have intensified search for funds with which to executive a...
The expectation that the hotel and hospitality sector will rake in $507 million into Nigeria’s economy in the next four years seems to be threatened. Reports...
Niger Delta Avengers (NDA), has again threatened that government will not be able to export a litre of crude from the region any time soon. This...
The Nigerian telecoms sector is currently estimated to have raked in revenue of about $38 billion into the economy in the past five years. Despite the...
With less than 24 hours to the European Union referendum to determine United Kingdom’ s membership of the EU, many have wondered what becomes of the Nigerian economy...
The number of supporters of President Muhammadu Buhari seems to be reducing by the day, especially as concerns his leadership thrust and economic direction. A one-time...
The Academic Staff Union of Universities (ASUU) has taken a look at the overall performance of the President Muhammadu Buhari-led administration, and concluded that it has...
A former Minister for Education, Oby Ezekwesili has stated that the economic policies put forward by the President Muhammadu Buhari administration are similar to the ones...
President Muhammadu Buhari on Wednesday met with the Managing Director and Chief Operating Officer of the World Bank, Ms Sri Mulyani Indrawati at the Presidential Villa,...
President Muhammadu Buahri on Friday said he was not interested in devaluing the naira because Nigeria did not benefit anything from such previous exercise. According to...
Nigeria losses an average of $250 billion annually through tax evasion/ underpayment by International Oil Companies and other multinationals, the Chairman of the Federal Inland Revenue...
The Federal Government has rejected the International Monetary Fund (IMF) offer to loan Nigeria money. A statement from the federal ministry of finance stated that Finance...
Erstwhile Minister of Finance, Dr. Ngozi Okonjo-Iweala, has literally heaped Nigeria’s current economic woes on the ousted administration of Goodluck Ebele Jonathan (GEJ). She revealed that...
By Joseph Edgar . . . . I was just going through the returns as rendered by Zenith Bank on how it utilized the forex allocated...
By Ochereome Nnanna . . . EVERY administration enjoys its share of honeymoon after assuming power. The allure of newness and expectations are high during this...
By Okey Ndibe . . . . Tumbling crude oil prices—with some analysts expecting the price per barrel to hover for some time around $30—is the...
Former governor of the Central Bank of Nigeria (CBN) and current Emir of Kano, Muhammadu Sanusi II has faulted the foreign exchange policy of the Muhammadu...
in from Ali Smart . . . The federal government has approved the establishment of an Efficiency Unit (E-UNIT) in the Federal Ministry of Finance to...
Six months down the line, even with a newly constituted team, opinions are divided as to whether the President Muhammadu Buhari-led administration has what it takes...
When it comes to economic clout on the African continent, the United States has projected that Nigeria is likely to be the first country with an...