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Business and Economy

NDIC warns public against patronising wonder banks

The National Deposit Insurance Corporation (NDIC) has warned members of the public to stop patronising wonder banks that are offering mouth-watering interest rates. The Managing...

Oil price gains as investors wait to see if coronavirus stimulus works

Oil prices rose on Thursday but pared early gains as investors tried to assess how effective massive stimulus by central banks will be in...

Nigerians say reduction of petrol price timely

Some Nigerians on Thursday in Lagos commended the Federal Government for reducing the pump price of Premium Motor Spirit (PMS), otherwise known as petrol,...

Coronavirus: TUC advocates tax holidays to boost economy

The Trade Union Congress (TUC), has called on the Federal Government to grant tax holidays to business owners in the country to enable them...

Oil pares gains as investors wait to see if coronavirus stimulus works

Tokyo, March 19, 2020  Oil prices rose on Thursday but pared early gains as investors tried to assess how effective massive stimulus by central...

COVID-19: FG reduces 2020 budget by N1.5trn, suspends recruitment, reviews Social Investment Programmes

The Federal Executive Council (FEC) on Wednesday approved reduction in the size of the 2020 budget by about N1.5 trillion, as part of measures...

NSE sustains negative outlook, index down by 0.71%

Sell pressure continued on the Nigerian Stock Exchange (NSE) on Tuesday with the indices dropping further by 0.71 per cent , just as Feburary...

FG begins review of oil and gas free zones authority Act

The Federal Government on Tuesday in Abuja began review of the Act establishing Oil and Gas Free Zones Authority (OGFZA) in Nigeria. The review is...

COVID-19: Buhari meets Economic Council, vows to protect Nigerians

President Muhammadu Buhari says Nigeria has foreseen the economic problems that may come in the wake of the COVID-19 pandemic, and will explore all...

Bauchi speaker empowers 500 unemployed youths

Mr Abubakar Suleiman, Speaker, Bauchi State House of Assembly has disbursed N5 million to 500 unemployed youths to enable them to engage in...

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