European Union (EU) official Fillippo Amato has advised the Federal Government to devalue the Naira as part of measures to tackle the economic recession. Amato, Counsellor, Head of Trade and Economics Section of EU, made this known in an...
The National Assembly will this week forward to President Muhammadu Buhari for assent, already passed eight Bills that would assist the executive in getting the country out of economic recession currently facing it.
This followed Senate’s passage of the Bills...
The Nigerian National Petroleum Corporation, NNPC, yesterday, painted a gloomy outlook for Nigeria’s economic fortunes, as it disclosed that the country’s crude oil and gas reserves were fast depleting.
The NNPC in a statement in Abuja, therefore, begged oil and...
Latest figures from the Central Bank of Nigeria, CBN, shows that the country’s external reserve has lost a total of USD5.5 billion this year, up to last weekend, with September figures showing a third quarter loss of USD1.9 billion,...
President Muhammadu Buhari has promised to appoint members of the Manufacturers’ Association of Nigeria (MAN) in his government in the coming months.
He dropped the hint in Abuja yesterday at the 44th Annual General Meeting of the association with the...
I HAVE just read the wide media coverage regarding the recommendations of the National Economic Council (NEC) as well as the Senate on the ways to reboot the economy out of the current recession. Times such as this require...
