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Economy

FG sets up committee to crash cooking gas price within one week

The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has waded into the challenges of constant price increment of Liquefied Petroleum Gas (LPG)...

CBN to conduct new recapitalization of banks

The Central Bank of Nigeria (CBN) says it is planning to implement a new round of banking recapitalisation for the Deposit Money Banks (DMBs). Mr...

Food prices rose in October – NBS

The National Bureau of Statistics (NBS), says prices of beef, rice, beans, tomato, and other food items increased in October.It said this in its...

FG to cancel marginal field allocation without requisite investment —Lokpobiri

The Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri, has stated that the Federal Government will henceforth cancel marginal field allocation without requisite...

Neoliberal policies contribute to poverty in Nigeria – Expert

An economist, Dr. Shamsuddeen Muhammad, has identified neoliberal policies as one of the contributing factors to the spread of poverty among Nigerians. In a roundtable...

We have enough petrol to last for 3 months – NNPCL

The Group Managing Director of the Nigerian National Petroleum Corporation Limited (NNPCL), Alhaji Mele Kyari has assured that in three months the country would...

FAAC: FG, states, LGCs share N906bn in October

The Federation Account Allocation Committee (FAAC), on Wednesday, shared the sum of N906.955 billion among the three tiers of government as federation allocation for...

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