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Tag Archives: economy

June, 2020

  • 24 June

    COVID-19: FEC Approves N2.3trn Stimulus Package For Nigerian Economy 


    The Federal Executive Council (FEC) presided over by President Muhammadu Buhari on Wednesday approved N2.3 trillion stimulus package to support the Nigerian economy in the face of the disruptions and challenges of the COVID-19 pandemic. Read Also: 500 Employees Of Delta Airlines Test Positive For COVID-19 The Minister of Finance, Budget …

May, 2020

  • 28 May

    Oil Prices Drop Again

    Oil prices slid for a second consecutive session on Thursday as the U.S. industry data showed a steep and surprising build-up in crude stockpiles. Read Also: Buses To Replace Keke, Okada Ready In July – Lagos Govt This has further dampened hopes of a smooth demand recovery as the world begins …

  • 25 May

    Nigeria’s GDP Expands By 1.87 Percent In Q1 2020

    Nigeria’s gross domestic product (GDP) expanded by 1.87 per cent in the first quarter of 2020, data from the National Bureau of Statistics (NBS) has revealed. Read Also: Buhari Revokes Appointments, Approvals By Late Kyari – Report The NBS released the report on Monday. According to the Bureau, the latest figures …

  • 24 May

    2023: Only Igbo President Can Fix Nigeria, Says Ezeife

    Chkwuemeka Ezeife, a former governor of Anambra State, has said only a president of Igbo extraction can fix Nigeria. He said this in an interview published by Sun on Sunday. Read Also: Banker Commits Suicide After Marriage He Took N3m Loan For Crashed Ezeife was reacting to the influx of Almajirai …

  • 23 May

    Sanwo-Olu In Talks To Allow Lagos-Abuja Flights

    Governor Babajide Sanwo-Olu of Lagos

    Governor Babajide Sanwo-Olu of Lagos has revealed that he is in talks with the Presidential Task Force on COVID-19 over the possibility of allowing flights from Lagos to Abuja to operate. Read Also: ‘My Wife Has Been Exchanging Nude Pictures With Her Boss’ He said the closure of the airports is …

  • 21 May

    Inflation Rises To 12.34% In April – NBS

    The National Bureau of Statistics (NBS) says the Consumer Price Index (CPI), which measures inflation, increased to 12.34 per cent year-on-year in April 2020. Read Also: Nigeria, Africa Being Exploited With COVID-19, Says Ayade The NBS made this known in its latest CPI and Inflation Report for the month of April …

  • 19 May

    Operators Task New SEC DG On Implementation Of Capital Market Master Plan

    Capital market operators on Tuesday advised Lamido Yuguda nominated as the Director-General, Securities and Exchange Commission (SEC), to prioritise  investor protection and effective implementation of capital market master plan, if confirmed by the Senate. In interviews with NAN in Lagos, the operators said Yuguda should pursue policies that would take …

April, 2020

  • 9 April

    Nigeria’s Economy Safe In Buhari’s Hands – Enang

    Sen. Ita Enang, Senior Special Assistant to President Muhammadu Buhari on Niger Delta Affairs, has assured Nigerians of their safety and that of the economy under the leadership. Read Also: How We Identify Poor, Vulnerable Households – FG Enang spoke on Thursday in Abuja when he appeared as guest on the …

  • 3 April

    Buhari Directs Finance Ministry To Pay Salaries Over COVID-19 Lockdown

    President Muhammadu Buhari has directed the Ministry of Finance to pay the March salaries of federal Civil Servants as part of measures by his administration to mitigate the impact of the lockdown order due to the novel Coronavirus. Read Also: COVID-19: Garri Sellers Attacked For Inflating Prices In Edo Zainab Ahmed, …

  • 2 April

    PHOTOS: Buhari Meets With Finance Minister, CBN Gov, Others Over COVID-19

    President Muhammadu Buhari met with key economic and petroleum officials on Thursday as the Federal Government continues to devise means to mitigate the impact of the novel Coronavirus (COVID-19) on the country. Read Also: Fake Health Officials Arrested After Distributing Substandard Sanitizers In Anambra President Buhari met with Zainab Ahmed, Minister of …

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