Economy

World Bank Calls on Nigerian Government to Tackle Soaring Poverty as 139 Million Live Below the Line

The World Bank reports that approximately 139 million Nigerians live in poverty, despite recent economic reforms. According to Mathew Verghis,…

Nigeria At 65: Why Naira Depreciated To N1,475 From N0.71 Per Dollar In 1960 – Prof Oyedokun

By our correspondent He blamed the fall of the country’s currency in the last 65 years on mismanagement, over-reliance on…

PENGASSAN Strike Shuts Down NNPC, NUPRC, NMDPRA

By our correspondent The NMDPRA headquarters in Abuja’s Central Business District also witnessed a total shutdown, as staff strictly adhered…

NIGERIA BOOST CRUDE OIL OUTPUT, HIT 1.63M BARRELS PER DAY

Nigeria’s upstream oil sector has recorded a year-on-year increase in output, averaging 1.63 million barrels per day (bpd) of crude…

Dangote Fuel Sells Cheaper in Togo Than in Nigeria – Falana

By The News Editor He urged the federal government to review the proposed 5 per cent fuel surcharge and ensure…

5 Per Cent Fuel Surcharge Will Worsen Economic Hardship, Falana Warns FG

By The editor Human rights lawyer, Femi Falana, has faulted the planned 5% fuel surcharge, urging the government to avoid…