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Experts Groan As Buhari Hands Over Struggling Economy

Experts Groan As Buhari Hands Over Struggling Economy   The current regime inherited a frail economy. Despite Nigeria’s economy growing by over six per cent in 2014, economic growth slowed to about three per cent by 2015 – reported as the lowest in the democratic era....

Report Reveals Buhari, Osinbajo, Others To Get N64.72bn Severance Packages

Report Reveals Buhari, Osinbajo, Others To Get N64.72bn Severance Packages   The final pay in office for  out going President and Vice, Muhammadu Buhari and Yemi Osinbajo, state governors and other political appointees about to leave office may cost the country about N64.72bn. The figure also covers...

Buhari’s Administration: Chinese Loans Rise By 209%, Hit $4bn

Buhari's Administration: Chinese Loans Rise By 209%, Hit $4bn   Federal Government’s borrowing from China has grown by 209.15 per cent under Muhammadu Buhari administration. This is as total bilateral loans rose by 219.91 per cent from $1.58bn as of June 2015 to $5.07bn as of December...

A’Ibom N6.8bn Substation will Strengthen National Grid, Says Buhari

A’Ibom N6.8bn Substation will Strengthen National Grid, Says Buhari President Muhammadu Buhari has disclosed that the proposed 2X30/40 MVA substation in Akwa Ibom State would boost the national grid's wheeling capacity to 25, 000MW by 2025. Buhari revealed this in Ibiono Ibom Local Government Area of...

New Naira Notes: Court Stops CBN from Shifting Deadline

New Naira Notes: Court Stops CBN from Shifting Deadline Hours after three state governors took President Muhammadu Buhari and the Central Bank of Nigeria (CBN) to court over the February 10 deadline for the expiration of old naira notes, another court has added a twist...

Scarcity: NNPC Sells PMS at Loss, Says Sylva

Scarcity: NNPC Sells PMS at Loss, Says Sylva The Minister of State for Petroleum Resources, Chief Timipre Sylva, says the Nigerian National Petroleum Company Limited is selling Premium Motor Spirit, popularly called petrol, at a loss because of its mandate from the Federal Government as regards...