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Business and Economy
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...
FG issues N968.092 bn promissory notes so far- DMO
The Debt Management Office (DMO), said as at Feb. 29, the Federal Government had issued promissory notes valued at N968.09 billion across a number...
MWUN threatens to declare state of emergency on shipping sector
The Maritime Workers Union of Nigeria (MWUN) says it will declare a state of emergency in the shipping sector if the Shipping Association of...
NSE market indicators record 0.12% loss
Activities on the Nigerian Stock Exchange (NSE) opened for the week on Monday with a loss of 0.12 per cent, driven by investors’ sell-off...
Oil price crash: Oyo govt. to re-prioritise expenditure, cut 2020 budget
The Oyo State government is set to re-prioritise its expenditure and cut its 2020 budget to survive the impacts of oil price crash in...
ACCI inaugurates women trade group to facilitate entrepreneurship
The Abuja Chamber of Commerce and Industry (ACCI) has inaugurated the Women Trade Group (WTG) of the chamber, as parts of efforts to encourage entrepreneurship...
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