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KPMG Head Leads Team to Improve Nigeria’s Business Ranking

Vice-President Yemi Osinbajo says as part of efforts to improve the ease of doing business in the country, President Muhammadu Buhari has appointed the head of professional services firm, KPMG, to lead a team of other private sector individuals to ensure that Nigeria’s ranking...

Nigeria Losing One Million Barrels of Oil Daily – Osinbajo

Vice-President Yemi Osinbajo says Nigeria has been losing one million barrels of crude oil daily in the last six months due to the activities of pipeline vandals. Osinbajo, who is the head of President Muhammadu Buhari’s economic team, disclosed this while receiving a delegation of...

We’ve Spent over N4.5bn in North East — Dangote

The Dangote Foundation has spent over N4.5billion in the North-east as donations to ease the plight of Internally Displaced Persons (IDPs). This was disclosed by the president of the foundation, Aliko Dangote, at a press conference in Abuja. Dangote announced a new partnership with the lead...

Nigerians Groan as Africa’s Largest Economy Battles Recession

The Federal Government’s recent admission that Africa’s largest economy (going by the 2014 rebasing) is now in recession has turned out to be one rude shock many are finding difficult to accept. Only two years ago, Nigeria with a Gross Domestic Product of $578 billion...

FG: N1.4tr Saved from Subsidy Payments

Vice President; Professor Yemi Osinbajo in Kano has said federal government has so far saved N1.4trillion from subsidy payments, saying the savings is greatly easing pressure on the nation’s internal reserves. Speaking at the 15th National Council Meeting held in Kano, Professor Osinbajo said success on...

Recession: Buhari’s Economic Team Meets Experts for Help

The Federal Government’s Economic Management Team has held what it called a consultative forum with a team of economic and financial experts across the country. The meeting was meant to enable the team, which consists of government officials only, to engage the experts on how...