Economy

Economy

Economics and Sociology

Inflation Declines Further to 11.02% on Weak Consumer Demand

The Consumer Price Index (CPI) which measures inflation maintained a downward trajectory to 11.02 per cent (year-on-year) in August compared to 11.08 per cent...

Kaduna Electric completes overhead power lines

The Kaduna Electric has completed the construction of necessary overhead lines to synchronize the Kaduna power plant situated in Kudenda industrial layout with the...

Aviation fuel hits N300 per litre in Nigeria

The price of Jet A1, otherwise known as aviation fuel in the local parlance, jumped to over N300 per litre in Nigeria, especially in...

South Africa begs as exit of Nigerians hurts economy

South African President Cyril Ramaphosa yesterday apologised to Nigeria for the xenophobic attacks on its citizens. The apology was tendered to President Muhammadu Buhari in...

Shehu Sani reveals only way Buhari’s appointment of Soludo

Senator Shehu Sani, a former lawmaker representing Kaduna Central at the National Assembly, on Tuesday commended President Muhammadu Buhari for setting up a fresh...

What CBN should do with Buhari’s forex directive

AS the Central Bank of Nigeria, CBN, gets set to execute President Muhammadu Buhari’s directive on restriction of foreign exchange for importation of agro-food...

Nigeria advances the practice of biotechnology

Prof. Alex Akpa, Director-General of National Biotechnology Development Agency (NABDA) says Nigeria has made significant strides in advancing the practice of biotechnology to enhance...

Alleged N6.9bn Fraud: Trial Of Fayose To Resume Oct. 21

The trial of former Governor of Ekiti State, Ayodele Fayose, will now resume on Oct. 21 before a Federal High Court in Lagos. Fayose is...

Fake EFCC operative arrested in Lagos

The police in Lagos have arrested a 29-year-old man who allegedly paraded himself as an operative of the Economic and Financial Crimes Commission (EFCC). The suspect was...

Why it’s difficult to enforce local content laws — Board Secretary

If the Nigerian Content Development Monitoring Board (NCDMB) applies all the laws in the Nigerian Oil & Gas Industry Content Development (NOGICD) Act, oil...