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Category: Economy

Economy

Senate rejects ban on importation of cars through land borders

Iheanyi Ejiofor January 11, 2017

Chidi Samuel The Senate on Wednesday called on the Federal Government to rescind the policy banning the importation of cars through land borders which took effect from the 1st of…

Read More Senate rejects ban on importation of cars through land borders
Economy

NUPENG declares national strike

Iheanyi Ejiofor January 11, 2017

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has declared a nationwide strike beginning from today. The strike which will affect the flow of petrol to filling stations,…

Read More NUPENG declares national strike
Economy

MMM dumps Naira, to use Bitcoin

Iheanyi Ejiofor January 9, 2017

MMM Nigeria says it has introduced Bitcoin, said to be the world’s best performing currency in 2016, as part of its mode of payment in its comeback plans The  Ponzi scheme,…

Read More MMM dumps Naira, to use Bitcoin
Avaition | Transport Economy

Buhari sacks heads of 4 aviation agencies

Iheanyi Ejiofor January 9, 2017

Ebun Francis President Muhammadu Buhari, Monday approved the sack of Four heads of parastatal agencies and college in the Nigeria’s aviation industry, a government statement said on Monday. Those affected…

Read More Buhari sacks heads of 4 aviation agencies
Business Economy

External reserves declined by $3.22 bn in 2016 – CBN

Iheanyi Ejiofor January 9, 2017

Nigeria’s external reserves closed last year with a total balance of $25.84 billion – 30 December – showing a decline of $3.22 billion  compared with $29.06 billion it stood as…

Read More External reserves declined by $3.22 bn in 2016 – CBN

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