Economy

Petroleum marketers in Anambra have shut their filling stations in protest for the demolition of a member’s property by the state government.

The All Farmers Association of Nigeria in Hadejia on Wednesday appealed to the Federal Government to provide markets that will accelerate sale of wheat at a profit in Jigawa.

The National Bureau of Statistics says the Consumer Price Index, which measured inflation for July dropped to 11.14 per cent (year-on-year) from 11. 23 per cent recorded in June.

Since the financial crisis that enveloped the global market a decade ago, the profitability and reputation of banks has been under tremendous pressure worldwide, Nigeria inclusive. Whilst the banking industry is now regaining its health

Overland Airways, Nigeria’s frontline scheduled and charter airline, on August 12, 2018 launched flight services from Lagos to Cotonou, Republic of Benin and Lome, Togo Republic.

Nigeria, amongst other Africa countries has received over 800,000 units of Malaria tester kits and other medical equipments from South Korea since 2015 through Emirates SkyCargo, the freight division of Emirates airline and the world’s…

The Managing Director of Shell Nigeria Exploration and Production Company, Bayo Ojulari, has harped on economic diversification as a panacea for job creation and rapid economic growth of Nigeria.

Africa’s leading entrepreneurship-focused philanthropic organisation, the Tony Elumelu Foundation, has announced October 25, 2018 as the date for its 4th annual TEF Entrepreneurship Forum.

The Acting President, Prof. Yemi Osinbajo, on Tuesday inaugurated N5.9 billion naira worth of projects in Zamfara.

The Federal Government has faulted the claim by the Ethiopian Airlines’ Chief Executive, Tewolde Gebremariam, that the airline is the favourite to establish and manage the new ‘Nigeria Air’.

The Central Bank of Nigeria has sustained its intervention in the inter-bank foreign exchange market by injecting 210 million dollars into the various segments of the market.

The Federal Airports Authority of Nigeria has begun the removal of Foreign Object Debris and sensitisation of airport users to keep the Nnamdi Azikiwe International Airport, Abuja, clean and safe.

The Manufacturers Association of Nigeria, South West Zone, says its members stand to benefit immensely from the Economic Recovery Growth Plan of the Federal Government.

The Federal Government says it will involve commissioners of education and school proprietors in its partnership with a Chinese Firm to promote the establishment of digital classrooms across the country.

The market capitalisation lost N40 billion or 0.31 per cent to close at N12.883 trillion compared to N12.923 trillion achieved on Monday.

The National Bureau of Statistics said the average price per litre paid by consumers for National Household Kerosene decreased from N279.67 in June to N276.87 in July.

Mobile telecommunication customers in Sokoto State have urged National Communication Commission to facilitate more friendly services to them and assist in tracking insecurity in the industry.

The National Bureau of Statistics says the average price paid by consumers for automotive gas oil (diesel) decreased from N204.97 recorded in June to N204.32 in July.

Governor Simon Lalong of Plateau has commended President Muhammadu Buhari over the approval of N348.5 billion by the Federal Executive Council for the dualisation of Akwanga-Jos-Bauchi-Gombe Road.

The Nigerian National Petroleum Corporation says it has plans to establish 100,000-barrels-per-day brownfield refineries in Port-Harcourt and Warri to boost local refining of crude oil in the country.