Nigeria’s foreign reserves which stood at $36,682,393,745 on December 1, declined to $34,495,665,567 as at December 30, 2014. The Central Bank of Nigeria (CBN) statistics indicates that...
The Rivers State Governor, Mr. Rotimi Amaechi, said the federal monthly allocation to the state has been slashed by over 50 per cent. Amaechi, who disclosed...
President Goodluck Jonathan, yesterday, previewed 2015 politically and economically and returned a grim verdict: It may be a turbulent year and there is need for Nigerians...
“So in the Libyan fable it is told That once an eagle, stricken with a dart, Said, when he saw the fashion of the shaft, ‘With...
Oil continued its downward slide on Tuesday, suggesting that US drivers enjoying low gas prices may see even more relief at the pump ahead. The price...
Fuel scarcity may spread across Nigeria from Monday as oil workers brace for showdown with the Federal Government over various unresolved labour issues. Authoritative sources told...
The Trade Union Congress (TUC) said the congress would demand for wage increase for workers in the new year, following the devaluation of the naira by...
The Hon. Minster of Aviation, Chief. Osita Chidoka has recently launched an aviation passenger service portal and help line to improve service delivery in our airports....
The Central Bank of Nigeria (CBN) has withdrawn N300 billion from the banking system to support the naira, which has been hit by falling oil prices....
Traders expect Nigeria’s naira, which has hit a record low of 187 to the dollar, to steady next week, anticipating dollar sales by the state-owned oil...
Oil prices have been on a freefall with the Brent Crude tumbling from 2014 peak of $112.42 on June 1, 2014 to its current price around...
The Tax Enforcement Team of the Federal Inland Revenue Service (FIRS), on Tuesday, sealed the premises of the Bauchi State Investment Company (BIC) and Abdulrashid Tyre...
