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IMF predicts Nigeria to recover from recession this year

The International Monetary Fund IMF, has predicted Nigeria will recover from the current economic recession this year. The international body stated this in its...

NNPC announces names of 39 successful bidders for its 2017/2018 Crude Oil Term Contract

In furtherance of its drive to remain an open, transparent and accountable organisation, the Nigerian National Petroleum Corporation (NNPC) has announced the list of...

Pastor Matthew Ashimolowo loses $4.8m to ponzi scheme

Popular Nigerian Pastor and founder of Kingsway International Christian Centre located in the UK, Matthew Ashimolowo, has lost $4.8 million to a Ponzi scheme...

President Buhari optimistic recession will end in 2017

President Buhari has expressed optimism that the current economic recession will end in 2017. He said this while declaring open an induction course organised...

Despite recession, we generated more revenue in 2016 than 2015- Ambode says

Lagos state governor, Akinwunmi Ambode, says despite the prevailing economic recession, the Lagos state government generated more revenue in 2016 than it did in...

FG not turning to IMF for loan- Minister of Budget and National Planning says

Minister of Budget and National Planning says the Federal government is not seeking to request for any loan from the International Monetary Fund IMF....

Presidency replies Emir of Kano after he berated the Federal government for seeking $30bn...

Emir of Kano, Muhammad Sanusi II, on Friday berated the President Buhari-led government for seeking to borrow $30 billion from International financial institutions. At...

Pres Buhari to present 2017 budget to National Assembly members next week

President Buhari will sometime next week present the 2017 budget to a joint session of the National Assembly. Minister of Budget and National Planning,...

6 Reasons Why CBN, EFCC Can’t Shut Down MMM Nigeria For Now

MMM, a former Russian company that perpetrated one of the biggest scams in the 90’s has resurrected in Nigeria, and is making quite a...

Buhari’s rigid leadership style is making Nigeria’s economic problems harder to solve- Bloomberg

In an article titled "Nigeria's Economy needs Visionary Leadership", International business website, Bloomberg, said President Buhari’s rigid leadership style is making Nigeria's economic problems...

Why Has a Flower Business Become So Popular with Worldwide Investors?

There is an investment platform called FloralInvestments.com that is available to everybody and has already attracted the attention of 2,000,000 partner investors worldwide. Formed...

House of Reps orders investigation into MMM activities in Nigeria

Members of the House of Reps have ordered its committee on Banking, Currency, and Financial Crimes to investigate the activities of Mavrodi Mondial Moneybox...

NNPC increases fuel price by N4/litre at its mega stations

The Nigerian National Petroleum Corporation (NNPC), has increased the pump price of petrol by N4 at its mega stations, thereby changing the price from...

FG may sell three refineries after rehabilitation–says Kachikwu

Minister of State for Petroleum Resources, Ibe Kachikwu, has disclosed that the Federal government may sell the three refineries located in Kaduna, Warri and...

MMM is fraud, CBN warns Nigerians

The Central Bank of Nigeria as warned Nigerians to desist from investing into MMM. They have warned that the scheme which promises  30% return...

House of rep member claim 20 people owe Nigeria N1.2 trillion

The chairman, House of Representatives Committee on Media and Publicity; Abdulrazak Namdas disclosed that 20 Nigerians are owing the federal government N1.2 trillion and...

Exxon Mobil discovers 1bn barrel of crude oil in Owowo , Bayelsa state

United States-based oil giant, Exxon Mobil corporation says it has discovered about one billion barrels of Crude oil at the Owowo field located offshore...

Forex crisis: Emirates Airline to suspend flight operations to Abuja, threaten to leave Nigeria...

Emirates Airline has said it is cutting flight operations to the Nnamdi Azikiwe International Airport, Abuja effective October 22nd as part of its restructuring...

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