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Category: Economy

Economy

16 million unemployed in Nigeria in third quarter of 2017 — NBS

Iheanyi Ejiofor January 23, 2018 headline

Ebun Francis || 16 million Nigerians out of a total active labour force of 85.08 million were unemployed in the third quarter of 2017, the National Bureau of Statistics, NBS,…

Read More 16 million unemployed in Nigeria in third quarter of 2017 — NBS
Business Economy

CBN boosts Forex Market with $210m

Iheanyi Ejiofor January 22, 2018 headline

The Central Bank of Nigeria (CBN) has boosted the inter-bank Foreign Exchange Market with the sum of $210million, to meet customers’ requests in various segments of the market. In its…

Read More CBN boosts Forex Market with $210m
Business Economy

Emefiele allays fears over MPC, says economy remains strong

Iheanyi Ejiofor January 21, 2018 headline

The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has stepped in to douse fears over to the inability of the Central Bank of Nigeria (CBN) to hold January…

Read More Emefiele allays fears over MPC, says economy remains strong
Economy headline Maritime

Terminal Operators express hope of end to Apapa traffic gridlock

Iheanyi Ejiofor January 19, 2018 headline

The Seaport Terminal Operators Association of Nigeria (STOAN) has expressed optimism over the lingering Apapa traffic logjam which it hoped will reduce before the end of January 2018 as a…

Read More Terminal Operators express hope of end to Apapa traffic gridlock
Economy headline Maritime

NNPC gives nod for indigenous shipowners to lift crude oil

Iheanyi Ejiofor January 19, 2018 headline

After several years of fruitless efforts to participate in the lucrative Nigeria’s crude oil affreightment, the hapless indigenous shipowners may now heave a sigh of relief as the hitherto recalcitrant…

Read More NNPC gives nod for indigenous shipowners to lift crude oil

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