Nigeria has recorded sustained increase in annual movement in external reserves and Oil Prices as inflation rate rose to 17.85 per cent in September this year against 17.61 per cent reported in August 2016. The rate was the highest since 20 percent recorded in February...

The Federal Government has appealed to the African Development Bank to fast-track the $1bn loan facility it promised as support for the implementation of Nigeria’s 2016 budget. According to the government, the loan is expected to cover the 35 per cent shortfall in the budget. The...

As the nation continues to wallow in recession, stakeholders, including the Emir of Kano, Muhammadu Sanusi II, have highlighted the need to focus on addressing the issues that pushed the economy into the crisis. Sanusi, alongside the Osun State Governor, Rauf Aregbesola; and the Senate...

Twenty-nine (29) Senior officers of the Nigeria Customs Service have been dismissed for various acts of gross misconduct. The dismissed  officers are among forty-four (44) Senior officers who were punished for actions capable of compromising national economy and security. Ten (10) other officers were retired...

The lingering management/staff crisis that has threatened the peace of National Foods, Drugs Administration and Control (NAFDAC) took another dimension on Wednesday as members of the institution’s union declared a two-week warning strike over what they called management’s deaf ear to their plight. The placard-carrying...

The Federal Executive Council has approved the release of a N30 billion intervention fund for mining sector development. The Minister of Mines and Steel, Kayode Fayemi, disclosed that the sum was a fulfillment of President Buhari’s campaign promises when he pledged determination to diversify from...