By our reporter|Nigeria on Thursday got a reprieve in its pursuit to overturn a $10 billion judgement awarded against it in a case against Process and Industrial Developments (P&ID). A…
Read More P&ID Judgment: British court grants Nigeria’s application for an extension of time and relief from sanctions.Category: Economy
Forex: Speculators set to count losses
Speculators in Nigeria’s foreign exchange market are set to count huge losses as the Naira continues to surge against the dollar, following the interventions made by the Central Bank of…
Read More Forex: Speculators set to count lossesWhy Buhari won’t intervene in fuel price increase –Sylva
The Minister of State for Petroleum Resources, Timipre Sylva, has reiterated that the federal government is no longer fixing the pump price of petroleum products in the country. Mr Sylva…
Read More Why Buhari won’t intervene in fuel price increase –SylvaNigeria approves emergency importation of maize as food shortage looms
By our reporter|The Central Bank of Nigeria (CBN) has granted approval to four agro-processing companies to import 262,000 tons of maize and corn in the bid to complement an anticipated…
Read More Nigeria approves emergency importation of maize as food shortage loomsAtiku kicks against new electricity tariff, says move ‘ill-timed and ill-advised’
Vice-president Atiku Abubakar on Thursday kicked against the upward review of electricity tariff in the country. The new tariff regime, which kicked off on Tuesday, is expected to be reviewed…
Read More Atiku kicks against new electricity tariff, says move ‘ill-timed and ill-advised’
