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Economy
Economic Losses To Illegal Oil Operations Alarming, Must Stop Forthwith – Nigerian Navy
The Nigerian Navy has decried the magnitude of economic loss from acts of illegal oil bunkering and vandalism of oil pipelines along the riverine communities of Nigeria.
The Commander, Nigerian Navy Ship (NNS) SOROH, Commodore…
Naira Will Continue To Appreciate Against Dollar – Shettima
Vice President Kashim Shettima has expressed optimism that the Naira would continue to appreciate against the dollar at the forex market.
Shettima stated this at a meeting with officials of the Lagos Chamber of Commerce and…
Rivers Rakes In N26bn Monthly – Fubara
The Governor of Rivers State, Sir Siminalayi Fubara, has stated that the state under his watch generates between N26 to N27 billion monthly as Internally Generated Revenue.
The Governor mentioned this, restating that his Administration…
Saboteurs Involved In Illegal Extraction Of Alleged Uranium Will Be Punished – FG
The Federal Government has vowed to punish saboteurs involved in illegal extraction of alleged uranium in Gwande Local Government Area of Benue State after thorough investigation.
Minister of Solid Minerals Development, Dr Dele Alake,…
Food Inflation Slowing, FG’s Revenue Up, Economy In Right Direction – Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says the Nigerian economy is moving in the right direction as policies of the new administration has started slowing down food inflation.
The minister spoke…
Inflation Rev Up To 33.20% In March 2024, Says NBS
The National Bureau of Statistics (NBS) on Monday disclosed that the headline inflation rate experienced a notable uptick, reaching 33.20 per cent in March, up by 1.50 per cent compared to the February 2024 rate of 31.70per cent.
The…
Emirates To Resume Flights To Nigeria Before June — Aviation Minister
Emirates Airlines will resume flights to Nigeria before the end of June 2024, the Minister of Aviation, Mr. Festus Keyamo has said.
The minister, who spoke when he appeared on Arise News Channel on Monday morning, confirmed that he had…
Tinubu’s ‘Palliative System Of Govt’, Demeaning, Unsustainable – ADC
The African Democratic Congress (ADC), has said what it described as "palliative system of government" adopted by the President Bola Tinubu-led All Progressives Congress (APC), administration is unhealthy, demeaning and unsustainable.…
10 Companies Incur N696.78bn Loss in 2023 On FX Unification, Others
A total of 10 companies listed on the Nigerian Exchange Limited (NGX) declared a total loss of N696.78 billion in the 2023 financial year as against N546.8 billion profit before tax generated in the 2022 financial year.
The 10 are MTN…
Offering Palliatives Not Solution To Hardship – Diri
Governor of Bayelsa State, Douye Diri has said offering palliatives was not the lasting solution to the economic hardship in the country.
Diri made the remark when he spoke during the Easter Sunday service at the St. Peter’s Anglican…