Banks in trouble

Nigeria’s banking sector is currently witnessing a shockwave, following economic decline caused by reduced oil revenue, investigations have revealed. This is coming at a time...

The United Kingdom reaffirms its commitment to Africa’s economic transformation

The United Kingdom is the top donor to the African Development Fund (ADF), the Bank’s concessional lending arm for its next three-year cycle, ADF-15...

‘Tomato Ebola’ devastes Nigeria’s tomato harvest

Consumers of fresh tomatoes in Nigeria are gradually switching to pastes, on account of a ravaging insect pest known as ‘Tuta Absoluta’ which has...

2016 budget update: FG spends N3.6trn out of N6trn budget

*Settles N1,137.7trn debts THE Federal government has so far spent N3.577 trillion out of the full year budget of N6.060 trillion for the 2016 fiscal...

NUPENG accuses security operatives, others of aggravating fuel scarcity

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) have accused security operatives manning filling stations across the country of aggravating fuel scarcity. It...

NUPENG threatens to resist sack of 1,100 NNPC workers

WORKERS in the oil and gas sector of the economy has warned that they will re­sist plan by the management of Nigeria National Petro­leum...

Nigeria’s crude oil production rises by 280,700 bpd

Nigeria’s crude oil production has increased by 280, 700 barrels per day (bpd) from the 1.104 million bpd recorded in August to 1.385 million...

Emefiele: Nigeria is Not Sliding into Recession

Despite the growing concerns over the impact of declining revenue resulting from low oil prices for over a year, the Governor of the Central...

Glo launches Nigeria’s first Data Supermart

In line with its commitment to delivering value, Globacom, has unveiled a new data package, Glo Data Supermart which packed all its array of...

Excellent Nigerian talents cost more than expatriates says Airtel’s CEO

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