News

An independent report by the Monitoring Transparency and Accountability in the Management of Returned Assets (MANTRA) has disclosed that N23.7 billion of the recovered $322.5 million Abacha loot had been disbursed to better the poorest households in the country. According ...

Petroleum and Energy Economists has painted a gloomy picture for the nation’s economy, canvassing cut in the workforce as well as salary at the Federal, State and council levels to cushion the effects of global economic meltdown. They argued that ...

Stakeholders have urged the nation’s economic managers to take tough decisions bordering on the implementation of the Steve Oronsaye’s 2014 report and diversify the economy. They stated this while responding to the falling prices of oil in the global market, ...

In view of the falling prices of oil in the global market, professionals have charged the Federal Government to prioritise diversification of the nation’s economy to avert crisis in the future. A professor of Industrial Economics at the Imo State ...

Experts have canvassed urgent quick fixes to survive looming fiscal turbulence and possible bankruptcy, as oil prices have fallen to as low as $10 from $70 per barrel in 2019 or 2020 Budget benchmark of $55 per barrel.   They said ...

A Calabar, Cross River-based philanthropist, Ben Akak has declared that Nigeria needed to review it foreign policies and strengthen its agricultural sector in view of the current crisis in the country’s political-economic space and its over-dependence on oil. He stressed ...

President Muhammadu Buhari has condoled with the Accountant General of the Federation, Ahmed Idris, over the death of his father, Alhaji Hussain Idris. In a statement signed by his Senior Special Assistant on Media and Publicity, Garba Shehu, the president ...

The Nigerian Supreme Council for Islamic Affairs (NSCIA) has called on Muslims to observe social distancing when searching for the moon in respect of this year’s Ramadan. It specifically advised faithful to remain indoors and shun crowds. The council’s Deputy ...

The Authority of ECOWAS Heads of State and Government is today holding an Extraordinary Session through videoconference. The ECOWAS Commission, through its Communications Department, yesterday said the leaders would discuss the “Situation and Impact of the Coronavirus Pandemic in the ...

The Presidential Task Force (PTF) on COVID-19 has attributed the rising cases of the disease to expansion of government’s testing capacity and activities as well as evidence that community spread was taking place. “Considering the dynamic nature of the response ...