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Category: Economy

Business Economy headline

Governors call for the removal of fuel subsidy

Iheanyi Ejiofor July 10, 2019 No Comments #Governors call for the removal of fuel subsidy

The 36 state governors on Wednesday called for the removal of the fuel subsidy regime, describing the scheme as unsustainable and a drain on the nation’s resources. The governors, who…

Read More Governors call for the removal of fuel subsidy
Business Economy headline

Senate will receive Buhari’s ministerial list this week- Lawan

Iheanyi Ejiofor July 10, 2019 No Comments

Chidi Samuel| Senate President, Ahmad Lawan, on Wednesday, said President Muhammadu Buhari will transmit the list of ministerial nominees to the Senate this week. Lawan made the disclosure during plenary…

Read More Senate will receive Buhari’s ministerial list this week- Lawan
Business Economy headline

I will reposition NNPC, says Kyari

Iheanyi Ejiofor July 9, 2019 No Comments #I will reposition NNPCsays Kyari

The newly appointed Group Managing Director of Nigerian National Petroleum Corporation (NNPC) Mr Mele Kyari on Tuesday pledged to reposition the corporation. Kyari said he would make the NNPC to…

Read More I will reposition NNPC, says Kyari
Economy headline

We must cut down our import bill – CBN

Iheanyi Ejiofor July 9, 2019 No Comments We must cut down our import bill - CBN

The Central Bank of Nigeria (CBN) has decried the amount spent in importing food into the country. CBN Deputy Governor of Economic Policy, Mr Okwu Nnana, said this at a…

Read More We must cut down our import bill – CBN
Economy headline

Investors inject $110m in 44 Nigerian tech start-ups

Iheanyi Ejiofor July 8, 2019 No Comments

Tech start-ups in Nigeria have raised $110.9m investment from local and foreign investors in the first half of the year, investigations have revealed. From the information gathered from equity and…

Read More Investors inject $110m in 44 Nigerian tech start-ups

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