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Category: Economy

Business Economy News

NPA MD accuses government agencies of sabotaging 24-hour port operations.

Iheanyi Ejiofor June 5, 2017 headline

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman, has identified the attitude of government agencies operating at the nation’s seaports as a major drawback to the implementation…

Read More NPA MD accuses government agencies of sabotaging 24-hour port operations.
Economy

CBN to Further Flood Forex Market….As Rates Converge

Iheanyi Ejiofor June 5, 2017 headline

In spite of the naira’s strong showing in the foreign exchange market last week, which saw the currency gain substantial ground against the United States dollar, selling at N363/$1 compared…

Read More CBN to Further Flood Forex Market….As Rates Converge
Economy

No plans to increase fuel price, says senate

Iheanyi Ejiofor June 3, 2017

The Senate on Saturday said there is no plan whatsoever to increase the pump price of fuel. The clarification became necessary following speculations during the week that Senate was debating modalities for an…

Read More No plans to increase fuel price, says senate
Economy

Presidency has no plans to reject 2017 budget- Enang

Iheanyi Ejiofor June 3, 2017 headline

The special adviser to President Muhammadu Buhari on National Assembly matters, Senator Ita Enang on  Saturday said that the Presidency has no plans to reject the 2017 budget passed into law by the…

Read More Presidency has no plans to reject 2017 budget- Enang
Economy

Why Osinbajo postponed budget signing

Iheanyi Ejiofor June 1, 2017 headline

A Presidency official has explained why the budget signing ceremony billed for today became a no-show. The official attributed it to the extensive consultations between the presidency and ministers, on one…

Read More Why Osinbajo postponed budget signing

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