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Category: Economy

Economy headline

Nigeria overtakes India in world’s extreme poverty ranking

Iheanyi Ejiofor June 26, 2018 headline

Nigeria has overtaken India as the country with the largest number of people living in extreme poverty, a new report by the World Poverty Clock has said. According to the…

Read More Nigeria overtakes India in world’s extreme poverty ranking
Economy headline

OPEC agrees modest hike in oil supply after Saudi, Iran compromise

Iheanyi Ejiofor June 22, 2018 headline

  By Emeka Ejere OPEC agreed on Friday on a modest increase in oil production from next month after its leader Saudi Arabia persuaded arch-rival Iran to cooperate, following calls…

Read More OPEC agrees modest hike in oil supply after Saudi, Iran compromise
Economy headline

OPEC edges closer to raising oil output as Iran softens opposition

Iheanyi Ejiofor June 21, 2018 headline

  By Emeka Ejere OPEC edged closer on Thursday towards raising oil output, with Iran softening its opposition to an increase and Saudi Arabia warning of supply shortages and price…

Read More OPEC edges closer to raising oil output as Iran softens opposition
Economy headline

National Assembly mutilated the budget – Buhari

Iheanyi Ejiofor June 20, 2018 headline

  By Emeka Ejere President Muhammadu Buhari has said that the National Assembly mutilated and rewrote the budget proposals for 2018 as proposed by the Executive last November. The National…

Read More National Assembly mutilated the budget – Buhari
Economy headline

Privatisation: SERAP sues Fashola

Iheanyi Ejiofor June 17, 2018 headline

  By EMEKA eJERE The Minister of Power, Works and Housing Mr Babatunde Fashola has been sued over his failure to account, for “the spending on the privatisation of the…

Read More Privatisation: SERAP sues Fashola

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