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Senate seeks to break power of Dangote, Lafarge, and BUA in cement market

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â–  Asks FG to introduce liberal policies to encourage local investors in cement production Disturbed over the rising price of cement in the open market...
Business

Senate probes Customs invasion of rice traders’ shops at Bodija market

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The Senate, on Tuesday, mandated the Committee on Ethics, Privileges and Public Petitions to investigate the alleged invasion of Rice Traders’ shops by men...
Business

Nigeria printing money: The road to Zimbabwe & way out + Video

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By Nick AguleWithin the last week a war of words has ensued over the management of the Nigerian economy with Gov Obaseki of Edo...
Business

Fuel scarcity hits; NNPC says no plan for hike in May, but when will it be, as plans to withdraw subsidies afoot?

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Amidst speculations of plans for petrol price and electricity tariff hike mid-year, the Nigerian National Petroleum corporation (NNPC) says it will not increase the...
Business

Video: Emefiele confirms Obaseki’s position on Nigeria’s financial situation, but frowns at the Gov’s colouration

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Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele has tacitly confirmed that the country is in dire financial straits, but frowned at...
Business

Worried over Sugar war by indigenes, Ganduje, others resolve Dangote, BUA’s dispute

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Governor Abdullahi Ganduje of Kano State has waded into the dispute between Dangote and BUA companies owned by two business moguls from the state.This...
Business

Economy: Let’s not play to the gallery…time will tell, Obaseki replies Ahmed

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Edo State Governor Godwin Obaseki has replied the Minister of Finance, Budget, and National Planning, Zainab Ahmed, after she denied that the Federal Government...
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NBS: Inflation jumps to 18.17 percent in March

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The National Bureau of Statistics (NBS), has disclosed that the nation’s inflationary trend for the month of March increased by 0.82 per cent to...
Business

Brace up for more economic hardship if debt overhang is not mitigated

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By Sonny IrocheNIGERIA’S EXTERNAL DEBT TO REVENUE RISES BY 400 % IN 10 YEARS – “SANUSI LAMIDO SANUSI-(A FORMER GOVERNOR OF THE CENTRAL BANK...
Business

Who is wrong, who is right as Zainab Ahmed disagrees with Obaseki over finances, economy?

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▪︎ Obaseki's comments sad and not factual, says Finance Minister; cautious on financial health Everyone feels the Punch of the country's economic downturn, but Nigeria's...
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