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Crude Shortage, Funding Woes Shut Down 7 Refineries, Experts Lament

Crude Shortage, Funding Woes Shut Down 7 Refineries, Experts Lament   The persistent unavailability of crude oil has significantly hindered investments in the establishment and full capacity operations of seven new and existing refineries across the country, local refiners stated on Thursday. They also warned that without...

CBN Requires Transparency, Independence to Tackle Naira Depreciation – Experts 

CBN Requires Transparency, Independence to Tackle Naira Depreciation – Experts  Financial experts have called for more transparency and independence in the leadership structure at the Central Bank of Nigeria (CBN) to enable it steer the nation’s monetary policies towards an improved economy and a stronger...

Experts Blame 2023 Elections For N4.1tn Rise In Recurrent Expenditure

Experts Blame 2023 Elections For N4.1tn Rise In Recurrent Expenditure   The Federal Government has recorded a N4.18tn increase in its recurrent expenditure in the past six years with experts linking the significant rise especially in the 2022 budget proposal to the upcoming 2023 elections, naira...

Aviation: Experts Foresee Early Recovery In Africa

Aviation: Experts Foresee Early Recovery In Africa         Aviation experts have foreseen an early recovery for aviation. This is despite the challenges that had ravaged the industry as well as the second wave that have forced some countries to close their borders. Over 40 countries have banned flights...

MAN, Others Tell FG To Sell Ajaokuta Steel Company

MAN, Others Tell FG To Sell Ajaokuta Steel Company Manufacturers and experts have said privatisation of Ajaokuta Steel Company will yield better dividends than the facility being run by the government. They spoke with our correspondent in separate interviews, maintaining that government-run business had never turned...

Experts Call For Improved Regulation Of Forex market

Experts Call For Improved Regulation Of Forex market Experts from foreign exchange investment firms have called on the Federal Government to regulate the Foreign Exchange Investment market in Nigeria. The experts said that improved regulation would help to reduce the risks and fears and boost investment...