Economy

Economy

Agbaje to spend 50% of Lagos annual budget on education

Osa Victor Obayagbona Feb 07, 2019

Governorship candidate of the People’s Democratic Party (PDP) in Lagos State, Jimi Agbaje, says if elected governor in the forthcoming...

Economy

Investment pledges to Nigeria rose 37% to $90.9b in 2018

David Ibidapo Feb 06, 2019

Pledges by domestic and foreign investors to projects in Nigeria rose 37 percent last year, the Nigerian Investment Promotion Council...

Economy

Ondo inaugurates emergency response committee as cases of Lassa fever hit 80

BusinessDay Feb 04, 2019

Apparently disturbed by increasing cases of Lassa fever, spreading like wide fire across Ondo State, especially in Owo and Akoko...

Economy

Inside details of alleged contract breach that might cost Nigeria 20.6% of foreign reserves

Oladehinde Oladipo Feb 04, 2019

Less than 16 days from now, a British engineering company called Process and Industrial Developments Limited (P&ID) will be expecting...

Economy

CSO confirms poorer Nigerians beneficiaries of $322.5m Abacha's loot

Harrison Edeh Feb 02, 2019

A civil society organisation, Africa Network for Environment and Economic Justice (ANEEJ), has applauded the utilisation of $322.5 million tranche...

Economy

Reliable electricity in Aba will strengthen Made-in-Nigeria policy - Buhari

Anthony Nlebem Feb 02, 2019

President Muhammadu Buhari has observed that providing dedicated electricity supply to small businesses in Ariaria International Market, Aba, will strengthen...

Economy

VP Osinbajo to inspect completed Abeokuta to Agbado Rail project

Mike Ochonma Feb 02, 2019

Passenger train services on the modernised standard gauge rail tracks will begin anytime this month as Vice President is billed...

Economy

Manufacturing PMI at 58.5 expands for 22nd times in January on slower rate

Hope Moses-Ashike Jan 31, 2019

The Central Bank of Nigeria (CBN) on Thursday, released the first Purchasing Managers Index (PMI) for the year, which revealed...

Economy

Lessons Nigeria can learn from India in poverty fight

Bunmi Bailey Jan 31, 2019

Nigeria, the largest economy in Africa and the world’s poverty capital can learn a lot from India, the second most...

Economy

Investors 18% bid for NTB show quest for higher rate after elections

Hope Moses-Ashike Jan 31, 2019

Over ambitious investors are raising their bidding for the Nigerian Treasury Bills (NTB), at higher rates more than the rates...

Economy

Car prices to fall 20% as FG considers tariff review

Isaac Anyaogu Jan 31, 2019

Nigeria recorded only 11,000 new car sales in 2017 because a bruising 70 percent tariff imposed by former President Goodluck...

Economy

Atiku promises to revitalise private sector with $25bn investment fund

Oladehinde Oladipo Jan 31, 2019

Presidential candidate of the main opposition People’s Democratic Party (PDP) in the February 16 election, Atiku Abubakar, has said he...

Economy

Lagos moves to avert Apapa experience in Lekki Free Trade Zone

Chuka Uroko Jan 30, 2019

Lagos State government says it is doing all it can to avert the ugly experiences in Apapa, Nigeria’s premier port...

Economy

Atiku writes US, UK, EU, others over Buhari's alleged constitutional breaches

Innocent Odoh Jan 30, 2019

Former Vice President and presidential candidate of the People’s Democratic Party (PDP), Atiku Abubakar, has written to some foreign missions...

Economy

Foreign investors rattled by controversial Nigeria chief judge suspension

Lolade Akinmurele Jan 30, 2019

Imagine what would happen if United States President Donald Trump suspended John Roberts, the country’s highest ranking judicial officer, without...