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Category: Economy

Business Economy

Refineries to work optimally in 2017 – NNPC

Iheanyi Ejiofor December 20, 2016

Agency report The Nigerian National Petroleum Corporation on Tuesday said it would embark on a comprehensive rehabilitation of the nation’s refineries to achieve optimal capacity utilisation in 2017. NNPC Chief…

Read More Refineries to work optimally in 2017 – NNPC
Economy

FG to use N250bn from recovered loot to fund 2017 budget- Akabueze

Iheanyi Ejiofor December 20, 2016

Ebun Francis Ben Akabueze, director-general of the National Budget Office, on Monday disclosed that Federal Government will fund part of the 2017 budget with N250bn recovered from corrupt officials. The…

Read More FG to use N250bn from recovered loot to fund 2017 budget- Akabueze
Airlines Avaition | Transport Business Economy

Aero Contractors ready to fly again

Iheanyi Ejiofor December 18, 2016

Aero Contractors Airlines will resume flights this week after shutting down for nearly nearly four months, according to a report in Thecable, an online publication. The airline, which used to…

Read More Aero Contractors ready to fly again
Economy

Nigeria’s unemployment rate rises to 13.9 per cent

Iheanyi Ejiofor December 16, 2016

The National Bureau of Statistics, NBS, reports that Nigeria’s unemployment rate rose from 13.3 per cent in the second quarter to 13.9 per cent in the third quarter of 2016.…

Read More Nigeria’s unemployment rate rises to 13.9 per cent
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

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