BUSINESS, ECONOMY & FINANCE

NECA faults NBS 2.19 % growth, says economy still in recession

  The Nigerian Employers Consultative Association (NECA) has faulted recent report by the National Bureau of Statistics (NBS) that Nigeria had exited recession, saying the...

Anxiety as FG begins electricity tariff review

It is 21 months since the Nigerian Electricity Regulatory Commission (NERC) last reviewed the Multi Year Order (MYTO). Daily Trust reports that consultations for...

Rare of hope as oil prices rise toward $56

Oil prices were lower on Friday but on course for weekly gains, the third in a row in the case of Brent as the...

CBN laments drop in financial inclusion growth

CBN building Interswitch urges Nigeria to innovate The Central Bank of Nigeria (CBN) has expressed worry about the drop in the country’s financial inclusion growth rate.It...

FG Approves Concession of Lagos, Abuja Airports

  The Federal Executive Council (FEC) has approved the concession of the Murtala Muhammed International Airport and Nnamdi Azikiwe International Airport, Vice-President Yemi Osinbajo disclosed...

Recession: Nigerians disagree with FG over exit claim

As if to echo President Muhammadu Buhari, reactions on the emergence of the country from recession, Nigerians are demanding better living conditions as proof that...

China plan to ban petrol, diesel vehicles threatens Nigeria’s major revenue...

China, world’s biggest car market, plans to ban the production and sale of diesel and petrol vehicles, further threatening the future profitability of oil...

Nigerian Economy Remains under Great Threat, US Warns

The United States military yesterday warned that the Nigerian economy remains under great threat following the surge in criminal activities in the Niger Delta...

Nigerian economy still exposed to external shocks despite rebound

The Nigerian association of chambers of commerce, industry, mines and agriculture, NACCIMA says although the country has exited recession, the economy is still exposed...

BPE to select new concessionaire for Trade Fair Complex

The National Council on Privatisation (NCP) has mandated the Bureau of Public Enterprises (BPE) to immediately initiate fresh processes for a new concession transaction...

FIRS generates N2.11trillion in 7 months

The Federal Inland Revenue Service (FIRS), through tax collections, generated N2.11 trillion as revenue from January to July, 2017. This was announced in a progress...
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