By our reporter/ The country’s inflation rate may drop to 13 percent this year and single-digit by 2022, the Central Bank of Nigeria (CBN) has said. The apex banks director…
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Category: Economy
Again, Sanusi calls for removal of subsidy, says measure not sustainable
By our reporter/ Former Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido has again called for the removal of subsidy on petroleum products. The dethroned Emir of Kano…
Read More Again, Sanusi calls for removal of subsidy, says measure not sustainable
Twitter reacts to Nigerian govt’s plan to lift ban
Social media giant Twitter has reacted to Wednesday’s decision by the Federal Government to lift the ban on the use of its platform in Nigeria. “We recently met with the…
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At last, Shell agrees to pay Ogoni people N45bn compensation 11 years after judgment
By our reporter/ Shell Petroleum Development Company (SPDC) on Wednesday agreed to pay the N45.9 billion awarded to the Ogoni people of Rivers state as compensation for oil spills in…
Read More At last, Shell agrees to pay Ogoni people N45bn compensation 11 years after judgment
FG to lift ban on Twitter as micro blogging firm agrees to set up office in Nigeria
By our reporter/ The federal government on Wednesday said the suspension of Twitter’s operations in Nigeria may soon be lifted following agreement on some issues it raised with the micro…
Read More FG to lift ban on Twitter as micro blogging firm agrees to set up office in Nigeria