Oil Price Slumps To $59 After OPEC’s Talks
Oil prices fell Thursday after a meeting of the Organisation of Petroleum Exporting Countries (OPEC) and its allies took no decision on deepening supply cuts […]
Nigerian economy
FEC Approves N10.07trn 2020 Budget Proposal, Raises VAT To 7.2%
The Federal Executive Council (FEC) on Wednesday approved N10.07trillion 2020 Budget proposal for onward transmission to the National Assembly for consideration and approval. The Minister […]
Nigeria’s Surging Food Prices May Rise On Dollar Ban
President Muhammadu Buhari ordered the central bank on Aug. 13 to stop dollar supply for food imports, saying food security has been achieved and agricultural […]
Non-oil sector is last line of defence for Nigerian economy – NEC
By Abdullahi Muhammed The National Economic Council NEC has identified the non-oil sector as the last line of defence for the Nigerian economy. Briefing State […]
CBN retains 13.5% lending rate agaim
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) on Tuesday retained the Monetary Policy Rate at 13.5 per cent. CBN Governor, Mr […]
AfCFTA: On the path to “The Africa we want”, by Nabila Okino
During the 50th Anniversary Solemn Declaration at the African Union (AU) in May 2013, leaders of African countries made a commitment to foster and accelerate […]