-CBN increases interest rate to 22.75% Our reporter/ The governor of the central bank of Nigeria (CBN), Olayemi Cardoso, on Tuesday distanced himself and his economic team from the current…
Read More I’m not responsible for Nigeria’s economic woes, says Cardoso
Our reporter/ The Central Bank of Nigeria (CBN) on Tuesday commenced sale of dollars to Bureax De Change (BDC). According to a statement by the apex bank’s director, trade and…
Read More CBN resumes sale of dollars to BDCs
Our reporter/ Members of the Nigeria Labour Congress (NLC) on Tuesday began a nationwide protest over the biting economic hardship in the country. Labour and Federal Government authorities had met…
Read More NLC holds nationwide protests over economic hardship
A senior Nigerian National Petroleum Corporation has been slammed with bribery and tax-related charges in the United States, court filings seen by Peoples Gazette said. A jury recently returned a…
Read More FBI charges top NNPC official for taking $2.1 million bribes to help Addax Petroleum escape $2.4 billion liability to Nigeria – Report
Director General, World Trade Organisation, Dr Ngozi Okonjo-Iweala, has called on various governments in Nigeria to create proper regulatory environments to ensure the success of investment in the power sector.…
Read More Okonjo-Iweala urges favourable regulatory environment for power sector investment