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Economy

Buhari Presents N20.5tr 2023 Budget

As Nigeria’s economy continues to struggle, President Muhammadu Buhari on Friday presented the 2023 Budget totalling 20.5 trillion to the joint session of the National Assembly. According to the President, the 2023 Appropriation Bill was prepared amidst a very challenging…

(VIDEO) Traders Count Losses As Lagos Govt Officials in Concert With Land Grabbers Demolish Ikota Market

Members of the Ikota Traders Association are protesting what they described as the ‘unlawful’ demolition of their business premises by officials of the Lagos State Ministry of the Environment. On September 15, the officials of the Environment Ministry led by…

Afrikan Homes Lunch It’s New Fuelless Generator Into The Market

In it’s effort to put to an end to buying fuel daily for generators in our various homes and offices across the country, an indigenous company called ‘Afrikan Homes’ has lunched it’s new product called “Mobile Fuelless Generator” into the…

Government Must Move Away from Budget Frivolities and Focus on Citizens’ Essential Needs

By Daisi Omokungbe The emerging figures on Nigeria’s fiscal distress should call for the concern of all and sundry—to begin urgent conversations on how the country can focus on the most essentials and re-organise our priorities through a sincere budgeting…

Business Economy News Oil & Gas Politics

(VIDEO) Oil-theft: SDP Presidential Candidate, Prince Adewole Adebayo Reveals What FG Is Not Telling Nigerians

Social Democratic Party (SDP) presidential candidate, Prince Adewole Adebayo, has insisted that 80% of Nigeria’s crude oil is being stolen. In this video, he spoke at the Nigerian Bar Association’s annual general conference in Lagos, revealing what the Federal Government…

Unity Bank Rolls Out Yanga Market Penetration Campaign, Targets Millions of Underbanked Women

Top retail lender, Unity Bank Plc has deployed a new marketing campaign targeted at reaching millions of women entrepreneurs, especially the underbanked across Nigeria with its new retail product, the Yanga account. Starting this August, the lender shall deploy strategic…

Inefficiency And Corruption In NNPC Reasons for Nigeria’s Inability To Meet OPEC Quota – CNPP Tells Buhari

Says CBN Not To Blame for Free Fall Of Naira Conference of Nigeria Political Parties (CNPP) has urged President Muhammadu Buhari to end the inefficiency and endemic corruption in NNPC Limited, formally Nigeria National Petroleum Corporation (NNPC), if Nigeria will…

Insecurity: Okowa, Soludo Deplore South East Economic Condition

Delta State Governor and Vice-Presidential Candidate of Peoples Democratic Party (PDP), Senator Dr. Ifeanyi Okowa and his Anambra counterpart, Prof. Chukwuma Soludo, have challenged people of South East to unite towards reviving the region’s economy being battered by insecurity. The…

Unemployment in Nigeria over 33%, Says Ari As ITF Unveils Strategic Policy Direction

The Industrial Training Fund has formally unveiled their strategic policy direction for 2022 – 2025. This is contained in a statement issued by the Director-general/Chief Executive of the Industrial Training Fund, Sir Joseph Ari, after a media briefing in Jos,…

Unity Bank Posts N27B Gross Earnings in H1’22 Records 23% Growth in PAT

Retail lender, Unity Bank Plc has posted gross earnings of N27.6 billion for its 2022 half-year results, representing a growth of 17% year-on-year. In its unaudited half-year financials submitted to the Nigeria Exchange Group Limited, the Bank also made significant…

For Nigerian Economy’s Growth Research And Development Should Be Given Adequate Priority – NMDC DG

The Director General and the Chief Executive of the National Metallurgical Development Center(NMDC), Engr. Linus Asuquo has said that Nigeria cannot adequately diversify its economy without meaningful research and development. Engr. Asuquo who made this disclosure to journalists in Abuja…