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…

Lawmakers bemoan state of Nigeria’s economy 

The House of Representatives has said the prevailing economic situation is unacceptable and has given a…

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…

Inflation: Housing, electricity prices push rate to 18.3%, NBS

  The National Bureau of Statistics (NBS) on Monday released the Consumer Price Index which measures…

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