Economy

FAAC allocation rises to N802bn in June The Federation Account Allocation Committee (FAAC) says it shared the sum of N802.407 billion for the month of June 2022, a N121.407bn increase on…

Sirika decries aviation crises, says no solution in sight  The Minister of Aviation, Hadi Sirika, says no immediate solution in sight to solve the multipronged crises rocking Nigeria’s…

Fashola denies Nigeria is broke The Minister of Works and Housing, Babatunde Fashola  (SAN) says Nigeria is not broke. The former governor of Lagos state, disclosed this on Sunday in…

IMF decries inflation pushing Nigeria, others to the brink By Matthew Atungwu The International Monetary Fund, (IMF), has said inflation, debt, and forex crisis is pushing the Nigerian…

Wheat price rise hits Nigeria, 44 other countries globally The rising price of wheat has hit Nigeria and 44 other countries following the Russian/Ukraine five-month war. Of the most…

Saraki pledges to contribute to growth of mining sector The new Minister of State, Ministry of Mines and Steel Development (MMSD), Sen. Gbemisola Saraki,  has pledged to impact her wealth…

Nigeria Shippers’ Council reiterates resolve to activate Edo Inland Dry Port  The Nigerian Shippers’ Council (NSC), has reiterated its resolve to activate the Atlantique Marine and…

Dangote Sugar Refinery Focuses On Sustainable Growth In spite of the very difficult economic realities occasioned by the excruciating menace of covid-19 in 2021, the Dangote Sugar Refinery,…

LCCI embarks on gas use sensitisation across five locations in Lagos The Lagos Chamber of the Commerce and Industry (LCCI) has begun the second phase awareness programme on the…

Dangote Cement Partners Local Communities to Shore Up Alternative Fuel Project value chain Dangote Cement has moved to empower stakeholders in the value chain of Palm Kernel Shell (PKS)…