Nigerian inflation slowed for 11th month in Dec, stats chief says

Annual inflation in Nigeria slowed for the 11th month in a row in December, to 15.37 percent from 15.90 percent a month before, the...

NNPC cancels 1.55 mln tonne tender to buy gasoline – sources

Nigerian state oil company NNPC cancelled a tender it issued last week to buy up to 1.55 million tonnes of gasoline from January to...

Indicators point to a better economic performance in 2018 – Udoma

The Nigerian economy will be significantly better in 2018 following the indices after emergence from recession, the Minister of Budget and National Planning, Senator...
Kemi Adeosun

Federation Account gets N2.63tn non-oil revenue in 12 months

Gross inflows into the Federation Account have amounted to N6.14tn in 12 months, data obtained by FBNQuest Research have shown. In the 12 months through...

Lagos generates N503.7bln amid harsh economy 

Lagos State Governor, Mr Akinwunmi Ambode on Thursday commended residents of the State for supporting his administration to deliver on key projects in various...

Nigerian stocks rise to 9-year high as funds buy shares

Nigeria’s main stock index rose to above 43,000 points on Thursday, a level last seen in October 2008, after local and foreign funds bought...

AMAC budgets N6.9bn for 2018

The Chairman Abuja Municipal Area Council (AMAC), Mr Abdullahi Candido, on Thursday presented N6.92 billion budget for 2018 fiscal year, representing an increase of...

Udoma says Japan’s development programmed align with Nigeria’s  needs

The Minister of Budget and National Planning, Senator Udoma Udo Udoma, has commended the Japanese Government for aligning its development assistance programmes with the...

BDC operators advises CBN on stronger naira

The Association of Bureaux De Change Operators of Nigeria (ABCON) on Wednesday listed recipes for a stronger naira and a more stable exchange rate in 2018. Alhaji Aminu...

Passage of PIB panacea to fuel crisis in Nigeria–Lawmaker

The Chairman, House of Representatives Committee on Petroleum Resources (Downstream), Rep. Joseph Akinlaja has said that the speedy passage of the Petroleum Industry Bill...