news
Akwa Ibom State officially starts manufacturing Pencils and toothpicks
Just yesterday, the Akwa Ibom Governor Emmanuel Udom talked about how Nigeria spends 100’s of millions from just importing pencils alone. In the first quarter of 2016, Nigeria ’s Minister of Science and Technology Ogbonnaya On…
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news
LOL! Check out why Federal Government is offering Nigerians 5% commission
The Federal Executive Council (FEC) yesterday approved the whistle-blower programme designed to encourage anyone with information about the stealing of public funds to report it. Under this novel programme, if there is a voluntar…
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Politics
"We’re not responsible for the current economic meltdown" - FG
The Minister of Budget and National Planning, Udoma Udo Udoma, yesterday said the Buhari-led administration is not responsible for the current economic downturn. Speaking to state house correspondents at the end of the National E…
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news
"Economic recession will soon end" - Buhari
Daily Trust reports that the president made this assurance in a speech at the 42nd convocation ceremony for a total 6,827 graduates of Obafemi Awolowo University (OAU) in Ile-Ife, Osun state on Friday, December 9. Buhari is confi…
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news
#Economy: FG Plsns on Selling N20 billion of ‘Green Bonds’ in March 2017
The federal government of Nigeria plans to raise 20 billion naira by March 2017 to fund several projects as Nigeria continues to battle recession. Minister Mohammed says government will sell the bond in the first quarter The gove…
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MMM
Access Bank warns Members involved in the MMM Ponzi Scheme wth a letter
The Access Bank of Nigeria has come out to warn their customers to be careful of any deposit money institution that is not insured by the Nigeria Deposit Insurance Corporation (NDIC). In a letter the bank sent to its customers, A…
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news
President-elect Donald Trump adds a Nigerian Man to his economic Team
President-Elect Donald Trump has appointed some of the best and brightest brains in the world to be on his Economic Advisory team to “Make America Great again”. He appointed multibillionaires and the CEO’s of fortune 500 companie…
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news
"We do not allocate dollars!'' CBN replies Sanusi
The Central Bank of Nigeria (CBN) has said it is not allocating the US Dollars but has rather set up an interbank foreign exchange market for anyone interested in buying the currency. Acting Director, Corporate Communications, CB…
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news
See the Mechanic Ladies that Governor Obaseki gave Government jobs
Newly elected Edo state Governor, Godwin Obaseki has offered to engage female mechanics for the maintenance of government vehicles. The Governor said as part of his administration’s strategic plans for competitive advantage, fema…
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news
"The economic challenges facing the country were being frontally tackled, and we will overcome them soon" - Buhari
President Buhari confessed that the anti-corruption war of his government is tough and grueling, with corruption fighting back vigorously but however says that the battle would be won his government. President Buhari met with the…
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news
See Reasons Why most Nigerians no longer take their money to the bank
Some Nigerians have identified greed, corruption and instability of the financial sector as reasons why people keep money at home. They spoke in separate interviews in a survey conducted by the NAN. In South-West, a financial ana…
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naira
See the current price of 1 Dollar to Naira today
Over the last few days, the Naira has either gained or is stable over foreign currencies– compared to what it was two weeks ago. These are the currency exchange rates for today, October 13, 2016, powered by Zenith Bank. Meanwhil…
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justice
Capitol Oil & Gas wins N26.5bn lawsuit against AMCON
On Thursday, the Federal High Court, Abuja, ordered the Asset Management Corporation of Nigeria (AMCON) to pay Capital Oil and Gas Industry Limited N26.5 billion as contained in a consent judgement delivered in 2013. Justice Abd…
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economy
Naira is Finally gaining against the Dollar
The naira has been a very weak currency for a long time and for the first time in a few months today did not rise or remain stagnant exchanging with foreign currencies. The Naira gained N2 against the dollar today. The Naira is …
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