Shola Shittu

Ambode Spends N19bn on Construction of Lagos Roads

Amid economic recession rocking the country, Lagos State governor, Mr. Akinwunmi Ambode said the state government has injected a whooping sum of N19 billion into the construction of inner roads in its metropolis to reflect its status as African...

Senate Tackles Recession, Invites Experts

Determined to find a way out of the current recession bedevilling the nation as quickly as possible, the Senate will, on resumption, begin debate on the economic crisis. The debate, will be led by the Senate President, Senator Bukola Saraki,...

Adeosun Urges CBN to Lower Interest Rates

As the Central Bank of Nigeria’s Monetary Policy Committee concludes its meeting in Abuja, the Minister of Finance, Mrs. Kemi Adeosun has urged the apex bank to cut interest rates to boost domestic borrowing by the government. However, the MPC...

Manufacturers Support Finance Minister’s Call for Interest Rate Cut

The Minister of Finance, Mrs. Kemi Adeosun, has called on the Central Bank of Nigeria to lower interest rate so that the government can borrow domestically to boost the economy without increasing debt servicing cost. While reacting to the minister’s...

Nigeria Will lose $1.3trn to ECOWAS-EU Partnership Agreement – MAN

Nigeria may lose up to $1.3 trillion in revenues if it signs the Economic Partnership Agreement, the Manufacturers’ Association of Nigeria has said. The EPA is a free trade deal between Economic Community of West African States and European Union. The...

Ribadu Wants Security Votes Scrapped

A former Chairman of the Economic and Financial Crimes Commission, Mallam Nuhu Ribadu, on Monday said the amount being budgeted for political office holders as security votes should be stopped. Ribadu stated this in Abuja while delivering a lecture on...
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