Economy

Most Nigerians Have Slipped Into Extreme Poverty — ActionAid

June 10, 2018

A civil rights group, ActionAid has said that although the Nigerian economy is out of recession, most Nigerians have slipped into extreme poverty. The chairman of the governing board of the group, Patricia Donli, said this during a press conference held after the organisation’s Annual General Meeting held in Abuja. In her address titled “State […]

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NBS Latest Report Says Nigeria Economy Grew By 1.95% In Q1 2018

May 21, 2018

Nigeria’s Gross Domestic Product grew by 1.95 per cent year-on-year in real terms in the first three months of this year. The National Bureau of Statistics stated this on Monday in its GDP report for the first quarter of 2018. “This shows a stronger growth when compared with the first quarter of 2017 which recorded […]

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Your Subsidy Regime Is Fraudulent, PDP To Buhari

May 21, 2018

The Peoples Democratic Party has accused President Muhammadu Buhari of corruption over the fuel subsidy regime of his government. The PDP said this in a statement on Sunday by its National Publicity Secretary, Kola Ologbondiyan. It said: “PDP challenges President Buhari to submit himself for an independent inquest into his handling of the N1.4 trillion […]

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RAMADAN: Prices of Food items increase in Abuja Markets, Others

May 20, 2018

As Ramadan, the annual Islamic fasting season begins, prices of various food items have increased in Abuja and its environs. A recent survey of markets in the Garki, Bwari, Wuse neighbourhoods of Abuja as well as in Mararaba, Nasarawa State, revealed between a five to 10 percent rise in the prices of foodstuffs. For instance, […]

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Reject Dirty Naira Notes From The Bank – CBN

May 11, 2018

The Central bank of Nigeria has urged Nigerians of their right to demand new notes from banks and reject dirty notes as the CBN continues its efforts to rid the country of dirty currency. Isaac Okorafor, acting director, communications department of the of the CBN said this in a statement. He also blamed the commercial […]

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Dangote Makes The List Of The 2018 Most Powerful People In The World

May 9, 2018

Well, for what he was able to pull off this year, China’s president, Xi Jinping sure deserves the number spot. In March, 2018, China’s congress amended its constitution in March, eliminating term limits and broadening Xi’s influence. Russian President Vladimir Putin (No. 2) has been knocked out of the top spot, a title that he […]

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