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Nigeria’s Inflation Rises To 11.98%

Nigeria’s Inflation Rises To 11.98%

Inflation in Nigeria increased by 11.98 per cent year-on-year in December 2019, according to the The National Bureau of Statistics (NBS).

Eco Single Currency: Fresh Update From Nigerian Govt

Eco Single Currency: Fresh Update From Nigerian Govt

Nigeria's Minister of Foreign Affairs, Geoffrey Onyeama, has said that the country is not yet ready for the implementation of the ECOWAS Single Currency, “Eco,” in 2020.

World Bank Rates Nigeria Among Top 10 Most Improved Economies

World Bank Rates Nigeria Among Top 10 Most Improved Economies

Nigeria is among the top 10 nations with improved ease of doing business in 2019, according to a report from the World Bank. 

Kogi: Ajaokuta Steel Mill To Begin Full Production In 2022

Kogi: Ajaokuta Steel Mill To Begin Full Production In 2022

The Ajaokuta Steel Company will start full production in 2022, according to the Minister of Mines and Steel Olamilekan Adegbite. 

Nigeria Ready For More Foreign Investments – Osinbajo

Nigeria Ready For More Foreign Investments – Osinbajo

Vice President Yemi Osinbajo has said Nigeria is open to more investments from foreign companies including those from  Turkey, Concise News reports. 

Nigerian Stock Exchange Records First Loss In 2020

Nigerian Stock Exchange Records First Loss In 2020

The Nigerian Stock Exchange (NSE) on Tuesday posted first loss in year 2020, dropping by 1.18 per cent after 11 days of straight uptrend.

Tariff Hike: House Of Reps. Orders NERC, Discos To Halt Plan

Tariff Hike: House Of Reps. Orders NERC, Discos To Halt Plan

The House of Representatives has ordered the Nigeria Electricity Regulatory Commission (NERC) to suspend its planned electricity tariff increment.

What Will Shape Nigeria’s Economy In 2020 – NSE Boss

What Will Shape Nigeria’s Economy In 2020 – NSE Boss

Political instability, crude oil price and production, among others, would determine the fate of Nigeria's economy, according to the Nigerian Stock Exchange (NSE).

Oil Price Surge: Buhari Meets NNPC GMD Kyari

Oil Price Surge: Buhari Meets NNPC GMD Kyari

President Muhammadu Buhari on Wednesday met behind closed doors with the Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Mela Kyari, at the Presidential Villa, Abuja.

Akwa Ibom Govt Adds Two New Aircraft To Ibom Air Fleet

Akwa Ibom Govt Adds Two New Aircraft To Ibom Air Fleet

The Akwa Ibom State Government has acquired two new aircraft for Ibom Airlines to make a total of five aircraft owned by the state.

Crude Oil Prices Rise After Killing Of Iran Top General By US Military

Crude Oil Prices Rise After Killing Of Iran Top General By US Military

There was a sharp increase by 4% on crude oil prices on Friday following the killing of a top Iranian general in an airstrike by the United States military.

How To Apply For Tony Elumelu Foundation Entrepreneurship Programme In Simple Steps

How To Apply For Tony Elumelu Foundation Entrepreneurship Programme In Simple Steps

Africa’s leading philanthropy, the Tony Elumelu Foundation (TEF), has begun accepting applications for the 2020 cohort of the TEF Entrepreneurship Programme.

Minister Gives FG’s Position On Adoption Of Eco As ECOWAS Currency

Minister Gives FG’s Position On Adoption Of Eco As ECOWAS Currency

The Federal Government says it is studying the situation on change of West African Economic and Monetary Union (UEMOA) currency, Eco, to be used as ECOWAS single currency.

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