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Category: Economy

Economy

Nigeria lost over N1.5 trillion to attacks by Niger Delta militants -Baru

Iheanyi Ejiofor December 14, 2016

Ebun Francis The Group Managing Director, Nigerian National Petroleum Corporation, NNPC, Maikanti Baru, said on Wednesday that the Nigerian Petroleum Development Company lost about N1.5 trillion due to attacks on…

Read More Nigeria lost over N1.5 trillion to attacks by Niger Delta militants -Baru
Economy

Moody’s endorses FG economic policies

Iheanyi Ejiofor December 14, 2016

The Moody’s Investor Service, an international economic and financial rating agency, on Tuesday endorsed the various policies deployed by the Federal Government to manage the nation’s economy to exit from…

Read More Moody’s endorses FG economic policies
Economy

Man drinks insecticide as MMM ‘crashes’ two weeks to wedding

Iheanyi Ejiofor December 13, 2016

A man has attempted to commit suicide in Benue State by ingesting insecticide after Mavrodi Mondial Moneybox froze accounts of participants in the Ponzi scheme, two weeks to his wedding,…

Read More Man drinks insecticide as MMM ‘crashes’ two weeks to wedding
Economy

Investors panic as MMM freezes accounts

Iheanyi Ejiofor December 13, 2016

Ebun Francis For many Nigerians who defied advise from federal government and the Central Bank of Nigeria to invest in the Mavrodi Mondial Movement, known simply as MMM, this may…

Read More Investors panic as MMM freezes accounts
Economy

If MMM collapses, Nigerians will suffer, says Founder, Mavrodi

Iheanyi Ejiofor December 12, 2016

MMM Founder, Sergey Mavrodi has said the scheme has done a lot to improve the welfare of Nigerians and reduce poverty despite the fear expressed by the federal government that…

Read More If MMM collapses, Nigerians will suffer, says Founder, Mavrodi

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