All posts tagged "economy"
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50EconomyNigeria’s excess crude drops by 98% to $72 million
Nigeria’s excess crude account has now fallen by a whopping 98% in just 5 years. Nigeria’s Excess Crude Account (ECA) now stands...
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67EconomyWorld Bank predicts that Nigeria will loose 70% of its Oil Revenue in 2020
The World Bank has estimated that Nigeria will lose up to 70% of its earnings from crude oil sales in 2020 due...
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98EconomyNaira falls against the dollar at the forex market, liquidity down by 88%
Forex turnover at the Investor and Exporters (I&E) window recorded a reversal on Tuesday, June 30, 2020, as it dropped by 88%, a huge...
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101EconomyPPPRA, Attorney-General office to unveil new guidelines for petroleum products prices
Ministry of Petroleum Resources and the Office of the Attorney General of the Federation to issue a new guideline on the prices...
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164EconomyFPI and FDI drops to $68 million and $18 million respectively in April, lowest since 2016
Nigeria attracted just $67.9 million in Foreign Portfolio Investment (FPI) inflow for the month of April 2020, the lowest inflow recorded this year. ...
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121EconomyBuhari expresses concern over new Eco Regional currency
Nigerian President Muhammadu Buhari has expressed concern over the decision by regional francophone countries to replace CFA Franc with regional common currency,...
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106EconomyCovid-19 second wave won’t stop African Free Trade Agreement
The African Continental Free Trade Area (ACFTA) will not face any further delay even if there is a rebound of COVID-19 cases...
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262EconomyF.G. to States – ignore pressure from parents to reopen schools
The Federal Government of Nigeria on Monday cautioned the state governments against succumbing to pressure from parents and others to reopen schools....
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127EconomyNigerians will pay for electricity if services are better – Osinbajo
Vice President Yemi Osinbajo says Nigerians are willing to pay for electricity if the services they receive from the distribution companies are...
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136EconomyBuhari to Lift 100 million Nigerians Out Of Poverty though MDAs jobs.
The Federal Government has set up a plan to fulfil its pledge of lifting 100 million Nigerians out of poverty, by creating...
