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Tuesday, February 2, 2021

Economy

December 24, 2020

Gombe: Price of rice drops as other foodstuffs increase

The prices of polished rice dropped from N33,000 to N29,000 and N28,000 depending on quality.

December 23, 2020

Marketers explain hike in cooking gas price

Marketers say 65 percent of the one million metric tonnes of cooking gas consumed in Nigeria annually is imported.

December 23, 2020

DMO says FGN bond oversubscribed in December

The federal government usually issues bonds to finance government fiscal deficits in a non-inflationary and sustainable manner.

December 22, 2020

Edo: Oredo gas plant will boost SMEs: NNPC boss

He said the gas plant would also provide social amenities to the immediate host community.

Mele-Kyari
December 21, 2020
Muhammadu buhari
December 21, 2020

CBN shuts 42 microfinance banks, gives depositors deadline to verify claims

NDIC has been instructed to liquidate assets of the ‘non performing’ banks.

CBN Governor, Godwin Emefiele. [CREDIT: Bloomberg]
December 21, 2020

2021 Budget: N3.3 trillion to be spent on debt servicing

The 2021 budget, at N13.5trillion became the highest in the country’s history.

December 21, 2020

Senate passes 2021 Budget

The 2021 Appropriation Bill totalling N13.5 trillion was moments ago passed by the upper legislative house.

Nigerian Senate floor
December 20, 2020

AfDB board approves $7m for sustainable energy projects

The bank says it aims to boost energy access in remote regions and enhance climate resilience throughout Africa.

African Development Bank (AfDB) building
December 19, 2020

Market Survey: Prices of local rice, tomatoes drop in Enugu

Local farmers reportedly flooded the markets with their produce.

Food Items at Utako Market, Abuja (Credit: Ahmed Oluwasanjo)