The Minister of Marine and Blue Economy, Adegboyega Oyetola, has vowed to ensure the responsible…
Tag: Nigeria economy
Nigeria’s economy shrinks by 6.1% in Q2
Nigeria’s economy shrank in the second quarter of this year as the Gross Domestic Product…
IMF says Nigeria economy needs urgent reform, no FX curbs
The International Monetary Fund (IMF) warned Nigeria its economy needs urgent reform in a report published…
Crude Oil resumes rise after OPEC cut
Crude Oil prices resumed their rise Thursday and held above the $50 barrier following OPEC’s decision…
Steel companies’ closure: 3,000 workers lose jobs
The National Union of Iron and Steel Workers on Wednesday said 3,000 of its members lost…
Reps seek large scale production of palm oil
The House of Representatives on Wednesday urged the Federal Government to encourage large scale palm oil…
Oil prices plunge as OPEC fails to stop excess production
Oil prices dipped Tuesday as expectations dimmed of an OPEC agreement to reduce the cartel’s gushing…
Nigeria’s economic crisis deepens
Nigeria’s economic slump sharpened in the third quarter as rebels bombed oil pipelines in the restive…
MAN urges CBN to create single digit interest rate window
The Chairman, Manufacturers Association of Nigeria (MAN), Ogun Chapter, Wale Adegbite, on Monday urged the Central…
DSS arrest 40 in Kano Bureau de change raid
Operatives of the Department of State Security (DSS) on Friday in Kano raided Bureau de change…
China Exim Bank to spend $1bn on Nigeria’s economic zones
The Minister of Industry, Trade and Investment, Okechukwu Enelamah, said that the Export-Import Bank of China…