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Category: Economy

Business Economy headline

Some states are enjoying almost 24hrs electricity supply – Fashola

Iheanyi Ejiofor March 27, 2019 No Comments headline

Nigeria’s minister of power, works and housing, Babatunde Fashola on Wednesday claimed that some states in the country now enjoy almost 24 hours of electricity supply. The former governor of…

Read More Some states are enjoying almost 24hrs electricity supply – Fashola
Business Economy headline

Why we reduced MPR – Emefiele

Iheanyi Ejiofor March 27, 2019 No Comments headline

Emeka Ejere| The reduction of the benchmark lending rate from 14 per cent to 13.5 per cent by the Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN,…

Read More Why we reduced MPR – Emefiele
Economy headline

Importers are Nigeria’s greatest enemies – Agric Minister

Iheanyi Ejiofor March 26, 2019 No Comments Importers are Nigeria’s greatest enemies – Agric Minister

The Minister of Agriculture, Mr Audu Ogbeh, says importers are the greatest wreckers of Nigeria’s efforts to promote patronage of locally produced products. Ogbeh made this known in Abuja on…

Read More Importers are Nigeria’s greatest enemies – Agric Minister
Economy headline

FG committee to harmonise oil, gas revenue

Iheanyi Ejiofor March 26, 2019 No Comments FG committee to harmonise oilgas revenue

The Federal Government has set up a committee to harmonise oil and gas revenue and production data of government earnings from all sectors of the economy. Mr Tim Okon, Technical…

Read More FG committee to harmonise oil, gas revenue
Breaking Business Economy headline

UPDATED: CBN MPC reduces interest rate to 13.5%

Iheanyi Ejiofor March 26, 2019 No Comments headline

The monetary policy committee of the Central Bank of Nigeria (CBN) on Tuesday reduced the monetary policy rate by 50 basis points. With this development, the MPR, which is put…

Read More UPDATED: CBN MPC reduces interest rate to 13.5%

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