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Economy
Investors In The Country Are Relocating To Ghana And Other Neighboring Countries — Sen. Lawan To Buhari
Senate President, Ahmad Lawan, has called on President Muhammadu Buhari to declare emergency on the nation’s power sector.
Lawan made the call on Monday at an ongoing one-day round-table discussion tagged ‘Addressing Nigeria’s Power…
Buhari, 14 Other Presidents To Meet On ECOWAS Single Currency
President Muhammadu Buhari will on December 21 meet with heads of state of ECOWAS member countries to discuss issues regarding the implementation of the single currency regime.
The meeting, which will hold at the ECOWAS Secretariat in…
Total Breakdown Of Nigeria’s N25.7 Trillion Debt
The Director-General of the Debt Management Office (DMO), Ms. Patience Oniha, said on Friday domestic borrowing accounts for 68 percent of Nigeria’s total debt profile of N25.7trillion as of June this year.
External borrowing, according…
Power Generation Collapses To 145MW
On November 8, the country’s electricity grid recorded a partial collapse as it dropped from 4,735.8MW to 429.5MW.
The total amount of power on Nigeria’s grid collapsed from a peak of 4,735.8 megawatts on Friday to as low as 145MW on…
Senate Proposes Law To Tax Nigerians For Using Data And DSTV
A bill for an Act to introduce tax on communication and cable television services scaled first reading at the Senate on Wednesday.
The introduction of the tax, it was learnt, was to replace the 2.2 per cent increase in the…
Buhari’s Damage to Nigerian Economy will take 40years to Rebuild —–Sheikh Ahmed Gunmi
Renowned Islamic scholar and preacher, Sheikh Ahmed Gunmi, on Thursday, lamented what he described as serious damage to the Nigerian economy.
He stated, that the damage done to the economy by the administration of President…
Federal Government To Review Revenue Allocation Formula
The Federal Government says it will set up a committee in the coming week to review the revenue sharing formula for Federal, States and Local Governments due to current economic realities.
The Chairman, Revenue Mobilisation…
Central Bank Of Nigeria Have Finally Signed The Currency Swap Deal With China
I know Most of You don't know the meaning of Nigeria dollars, yuan swap with China.. And why American government is desperately smoothing the relationship with Nigeria.
Soon you will be buying that techno phone you bought at…
FG Laments Over Lack Of ECOWAS Protocols Implementation
FG Laments Over Lack Of ECOWAS Protocols Implementation
The Federal Government has bemoaned lack of full implementation of the Economic Community of West States (ECOWAS) Protocols.
The Minister of Foreign Affairs,…