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  • APC-logo-new-620x400
    ‘We are in recession because APC is clueless’

    The Peoples Democratic Party (PDP) has declared that the current recession arose from what it called the cluelessness of the All Progressives Congress (APC)-led Federal Government. According to the opposition party, the incoherent policies and incompetence of the ruling party have significantly reduced the size of the Nigerian economy since it took over. A statement

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  • president-mohammadu-buhari
    Economic expert wants Nigerians to stop blaming President for recession

    Prof. Michael Kwanashie, Vice-Chancellor, Veritas University, Abuja on Tuesday urged Nigerians to stop blaming President Muhammadu Buhari for the current economic recession in the country. He made the remark while speaking as lead paper presenter at a One-Day seminar on “The Viability of Federal Government Economic Recovery and Growth Plan (ERGP) 2017-2020 held at the

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  • Osinbajo
    FG packaging urgent relief for poultry industry – Osinbajo

    Acting President, Prof Yemi Osinbajo has promised that the federal government is packaging urgent relief to address some major issues confronting the agricultural sector, particularly the poultry industry. Osinbajo made this promise during his second meeting with representatives of the poultry industry in a week. According to Osinbajo, the poultry industry has had to contend

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  • Buhari
    APC Saved Nigerians From Poverty, Hunger –Minister Of Niger Delta

    Usani Uguru Usani, the minister of Niger Delta ministry, has said that  the current economic crunch, notwithstanding, Nigerians would have been crawling to eat from the waste bins, if the Goodluck Jonathan’s administration had continued in office. With Vice President Osinbajo’s recent visit to the Niger Delta region, will it be appropriate to say government is now

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  • map-nigeria
    Nigeria records 37.14% drop in online fraud

    Nigeria recorded 37.14 per cent decrease in the amount lost to online fraud in the fourth quarter of 2016. The Chief Executive Officer, Electronic Payment Provider Association of Nigeria, Mrs Regha Onajite, said on Tuesday in Lagos that the success was made possible as a result of more collaboration between relevant stakeholders in the industry.

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  • Lagos
    7 Reasons Why 2017 Will Be Tougher For Some Nigerians

    Nigeria is being hit by a recession that is characterized by high inflation and limited sources of income. While the recession is just a fairy tale to some, I mean they do not believe it exist, others can see and feel it. They can see it when they look at the mirror and see how

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  • naira
    Naira devaluation inimical to economic devt, says don

    The Dean, Faculty of Business Administration, University of Uyo, Uyo, Akwa Ibom State, Prof. Leo Ukpong, has warned against naira devaluation, arguing that it will not help the economy to recover quickly from recession. Speaking at the weekend in Lagos, Ukpong who is also a Professor of Financial Economics, said the devaluation of any country’s

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  • Why Nigerians will become poorer with rising oil prices

    Crude oil price has steadily increased beyond $50/barrel after OPEC agreed to cut output by about 1.2 million barrels/day in November 2016. Nigeria’s export revenue prospects will consequently be boosted, if this price trend is sustained, particularly if restiveness is minimised in the Niger Delta. However, much against popular expectation, the more bountiful the export

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  • minister-of-finance
    Adeosun behind Nigeria’s economic woes – Group

    Nigerian Youth Entrepreneurship Forum for National Development (NYEFOND), has accused minister of fiannce, Kemi Adeosun of dragging the economy of the country backward. A statement signed by the group’s secretary-general, Victor Nse, said the recent outbursts by the minister were reasons Nigeria’s economy is still in comatose. The statement reads in full: “We have watched

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