Contractors failed Lagos-Ibadan railway deadline –Amaechi
The Minister of Transportation, Rotimi Amaechi, on Wednesday, conducted a train inspection tour of the Lagos-Ibadan standard gauge rail line.…
Inflation hits 13.22%, records biggest monthly increase in 2020
The nation’s inflation rate has recorded its biggest increase so far this year, rising to 13.22 per cent in August,…
Finance Minister says food prices rising
The Minister of Finance, Zainab Ahmed, says food prices are rising. This is contrary to claims by the Senior Special…
ECOWAS halts single currency launch, adopts gradual approach
The Economic Community of West African States has postponed the planned launch of its single currency, the Eco. The body…
Nigeria can’t escape depression, says MAN
THE Manufacturers Association of Nigeria has said that the country may not be able to avoid depression with the current…
Food insecurity highest in Lagos, Kano, Rivers, Abuja –NBS
The outbreak of COVID-19 has increased food insecurity in Lagos, Kano, Rivers and Abuja, the National Bureau of Statistics has…
Customs Onne Command generates N69.4b in eight months
The Nigerian Custom Service Port Harcourt Area II Command located at Onne has said that it generated N69.9billion as revenue…
Spain is Nigeria’s No. 1 export destination
The coronavirus pandemic which led to the closure of businesses has seen Spain overtaking India as Nigeria’s top export destination…
BUA picks France’s Axens for 200,000bpd refinery project
BUA Group Plc has selected France’s Axens for a multibillion-dollar 200,000 barrel per day refinery and petrochemicals plant in Nigeria,…
NSE suspends trading on six companies
The Nigerian Stock Exchange (NSE) has suspended trading in six companies over their inability to comply with corporate governance rules…