All posts tagged "economy"
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48EconomyNigeria has ‘lost N11trn’ to power sector corruption since 1999
The Centre for Health, Equity and Justice (CEHEJ) estimates that corruption in Nigeria’s power sector has gulped N11 trillion since 1999. This...
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44EconomyStakeholders warn against sharp practices in Nigeria’s oil, manufacturing sectors
The Federal Government and other stakeholders from the Institute of Non-Destructive Testing (INDT) and Lifting Equipment Inspectors’ Association (LEIA) have raised concerns...
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45EconomyCBN set to commence nationwide cashless policy by March 31, 2020
The Central Bank of Nigeria (CBN) on Tuesday disclosed that the long-awaited cashless policy takes off nationwide from March 2020. The apex...
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88EconomyOPS insists VAT increase will neutralise minimum wage benefits
Moves by the Federal Government to increase Value Added Tax (VAT) from five per cent to 7.2 per cent would neutralise the...
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87EconomyOPEC set for more cuts amid unchanged demand
The Organization of the Petroleum Exporting Countries (OPEC) yesterday, held its forecast for the world’s reliance on its oil next year unchanged,...
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87EconomyCBN pumps $210m into forex market
The Central Bank of Nigeria (CBN) has injected 210 million U.S. dollars into interbank segment of the Foreign Exchange Market following sales...
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83EconomyLack of economic policy direction endangers Nigeria’s economy
The 2019 economic growth projection of the Nigerian government is fast becoming a mirage as lack of policy direction takes its toll...
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94EconomyKyari says border closure has reduced petrol smuggling
The recent closure of Nigeria’s borders has significantly led to a reduction in the smuggling of Premium Motor Spirit, popularly known as...
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107EconomyNNPC collaborate with Navy to curb crude oil theft
The Nigerian National Petroleum Corporation and the Nigerian Navy have pledged deeper collaboration to tackle crude oil theft and attacks on oil...
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90EconomyNigeria’s crude oil production set to decline in eight per cent
Nigeria’s crude oil production may witness a steady decline to approximately 7.93 per cent before 2025, a new research, conducted by U.S.-based...
