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Business & Economy

Agenda 2050: Buhari inaugurates committee to drive Nigeria’s new development plan.

...Atedo Peterside and Zainab Ahmed to co-chair the committee President Muhammadu Buhari has inaugurated the National Steering Committee under the co-chairmanship of astute businessman and...

BREAKING: Nigeria’s debt tops N31trn – DMO

...Rises by N2.3trn ($6.593bn) Nigeria’s total public debt stock increased by N2.38trn within a period of three months from N28.628 trillion ($79.303 billion as at...

CBN replies NESG: We averted a major food crisis

...claims no immunity for Emefiele Contrary to the claims by the Nigeria Economic Summit Group (NESG), the Central Bank of Nigeria (CBN) says its...

Comparing Nig with poor African countries, FG says N162 per litre of petrol cheapest in Africa

The Minister of Information and Culture, Lai Mohammed on Monday claimed that the hike in the price of petrol to N162 per litre notwithstanding,...

Covid-19 shrinks Nigeria’s revenue by 60% – FG

President Muhammadu Buhari on Monday declared that the novel coronavirus pandemic which precipitated the lockdown of the economy has shrunk Nigeria's revenue generation by...

Shoprite/A.I.C saga: Shoprite loses bid to lift restriction order on assets

An attempt by the legal team of South African retail giant, Shoprite Checkers (PTY) Limited to convince the court to lift the Mareva injunction...

With $10 billion loss in one week, Elon Musk is still 11 times richer than Dangote

With a net worth that declined by $9.9 billion to settle at $87.9 billion, Elon Musk is 11 times richer than Africa's richest man,...

Ghana’ll review $1m capital for Nigerian traders – Akufo-Addo

The "legislative diplomacy" initiative of House Speaker, Femi Gbajabiamila has recorded its first breakthrough with the promise by Ghanian president, Nana Akufo-Addo to ensure...

Breaking: Petrol to Sell Above N151.56 Per Litre

The Petroleum Products Marketing Company (PPMC) has increased the ex-depot price of petrol from N138.62 per litre to N151.56 per litre, a move that...

Over 54m Nigerians poor, unemployed – BudgetIT

BudgIT on Monday released a grim report on Nigeria’s economic challenges titled ‘Investing in People’ even as it laments the ever-increasing number of unemployed...

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