CBN naira defence depletes foreign reserves by $3.17bn
Forex scarcity due to falling crude oil price forced the Central Bank of Nigeria to access the country’s foreign reserves to make forex available in
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COVID-19: Oil production, revenue cut make 2020 budget implementation tremulous
The International Monetary Fund (IMF)prediction that Nigeria may be heading for its worst recession in 2020 appears unacceptable to most Nigerians who in the face
2020 Budget implementation/revenues at crossroads
Going by these developments, Nigeria’s revenue flow may have been impacted adversely with daily oil production capacity for the rest of the year significantly below
COVID-19 offers opportunity to grow local economy – Onu
The coronavirus scourge presents opportunities to develop home-grown solutions to meet national demands, the Minister of Science and Technology, Dr. Ogbonnaya Onu has said. Onu
Group says relocation order to Abuja may erode NCAA’s autonomy
The President, Aviation Roundtable, Dr Gabriel Olowo, says the decision of the Federal Government to relocate headquarters of aviation agencies to Abuja will erode the
2021 Lagos-Ibadan Expressway delivery date may be shifted again
There are indications that the 2021 planned delivery date for the ongoing reconstruction of the Lagos-Ibadan Expressway will be shifted again, following the stoppage of
For Makoko women, surviving childbirth is a game of chance
Faced with no functional hospital for decades, women in Lagos fishing slum transit between ill-equipped floating ‘hospital’ in the dirtiest of environments and far-flung government
COVID-19: Luxury bus owners lose N12billion…Seek govt intervention
The Association of Luxury Bus Owners of Nigeria (ALBON) said it has lost over N12 billion from the COVID-19 lockdown, closure of parks and borders
At last, a replacement chief of staff
In 2015, Ibrahim Agboola Gambari, an economist and professor of international studies, was in the race to become newly elected President Muhammadu Buhari’s chief of
COVID-19: NUJ seeks FG bailout for media industry
The Nigeria Union of Journalists, NUJ has appealed to the federal government for bailout for the media industry, which according to the union is “being
