Category: Economy

Experts Predict Naira To Collapse By N450/$ In 2021

The naira has been tipped to depreciate by between 10 and 20 per cent next year as the impact of falling crude oil prices and foreign exchange reserves persist. Local...

Osun To Tap Economic Potentials in Film Industry

Governor Gboyega Oyetola administration in Osun State has assured that it would put structures in place to tap the economic potentials in the film industry. Commissioner...

Breaking :FG Commences Implementation Of 7.5% VAT Charges

The Federal Government has commenced the immediate implementation of some aspects of the Finance Act with the implementation of 7.5 per cent Value Added Tax on...

NERC Hikes Service, Says Nigerians Will Pay More On Electricity From April 1

The Nigerian Electricity Regulatory Commission, NERC, has stated that there will be an increase in the electricity tariffs being paid by consumers from April this year....

We Lost N25b Caused By Gridlocks In Lagos, Dangote Laments

Motorists will have to endure additional 12 months of nerve-racking traffic on the 35-kilometre Apapa-Oshodi-Oworonsoki-Ojota highway in Lagos for its reconstruction to...

PMS Subsidy Now N47.5/litre As Oil price Hits $67.86

Landing cost of petrol was N180.7/ltr on Dec 23 – PPPRA Dangote refinery’ll change subsidy regime, say marketers The subsidy on Premium Motor Spirit, popularly known...

FG To Mop Up Old Gas Cylinders In 2020-Timipre Sylva

The Federal Government will mop up old and obsolete gas cylinders in circulation and replace them with brand new ones, the Minister of State for Petroleum Resources,...

CBN Cancels N65 ATM Withdrawal Fee, Sets To Commence N35 By 2020

The Central Bank of Nigeria (CBN) is set to commence N35 bank charger after the third withdrawal within a month from other banks’ Automated Teller Machines ATM by...

Extreme Poverty May Hit Nigeria By 2030 – World Bank warns

The World Bank has warned Nigeria Government that citizens living in extreme poverty may increase by more than 30 million by 2030. The Bank warned that Nigeria will be...

Just In:Nigeria Investment Inflows Drop By $460m —NBS

The National Bureau of Statistics on Monday said the investment inflows into Nigeria has failed to increase dropping by $460m from $5.82bn in the second quarter of this...

Economic Summit: Osun Set To Move From Civil Service State To Regional Commercial Hub -Govt

The Osun State Government has reaffirmed its commitment to build a virile and robust economy that will be the pride of the citizens and residents of the state. The...

Towards A New Deal For Nigeria-Abba Kyari Writes

The decision by the National Assembly to amend the Deep Offshore (and inland basin production sharing contract) Act is a huge victory for Nigeria. The articles and...

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