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Category: Economy

Economy headline

NDDC rot: Committee uncovers $34m abandoned power equipment

Iheanyi Ejiofor December 20, 2019 No Comments NDDC rot: Committee uncovers $34m abandoned power equipment

the Niger Delta Development Commission (NDDC) Interim Management Committee (IMC) says it has discovered power station components worth $34 million abandoned at the Nigerian Ports Authority (NPA) in Rivers State…

Read More NDDC rot: Committee uncovers $34m abandoned power equipment
Business Economy headline

Buhari Signs N10.594trn 2020 Budget, fastest since 1999

Iheanyi Ejiofor December 17, 2019 No Comments #Buhari Signs N10.594trn 2020 Budgetfastest since 1999

Chidi Samuel| President Muhammadu Buhari on Tuesday signed into law the 2020 Appropriation Act of N10.594 trillion. The signing ceremony which held at the Presidential Villa in Abuja, is the…

Read More Buhari Signs N10.594trn 2020 Budget, fastest since 1999
Economy

Nigeria’s inflation rises to 11.85% in November 2019

Iheanyi Ejiofor December 17, 2019 No Comments Nigeria’s inflation rises to 11.85% in November 2019

Inflation in Nigeria increased by 11.85 per cent in November 2019, gaining 0.24 per cent points higher than the rate recorded in October 2019 (11.61) percent. This is according to…

Read More Nigeria’s inflation rises to 11.85% in November 2019
Business Economy headline

Nigeria’s inflation rises to 11.85 percent in November

Iheanyi Ejiofor December 17, 2019 No Comments #Nigeria’s inflation rises to 11.85 percent in November

Nigeria’s inflation rose by 11.85 percent in November 2019, 0.24 percent points higher than the rate recorded in October (11.61) percent, according to CPI and inflation report by the National…

Read More Nigeria’s inflation rises to 11.85 percent in November
Business Economy headline

Boeing suspend production MAX 737 as crisis deepens

Iheanyi Ejiofor December 17, 2019 No Comments #Boeing suspend production MAX 737 as crisis deepens

Boeing Co on Monday bowed to a growing cash squeeze by suspending commercial 737 production from January for the first time in more than 20 years, as the grounding of…

Read More Boeing suspend production MAX 737 as crisis deepens

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