Economy

Economy / Featured News / News

# ENDSARS: The chairman of Council calls for calm as youths protest in Ikorodu

abujareporter Posted On October 18, 2020

On Sunday, Igbogbo-Baiyeku youths in the Ikorodu region of Lagos State staged protest against violence by the disbanded Special Anti-Robbery Squad (SARS) of the Nigerian Police Force. The Nigerian News Agency reports that the demonstrators initially came together at the […]

48 Views

Economy

Solidaridad Creates Smallholder Farmers’ Access to Finance with VSLA

Lagosreporter Posted On October 13, 2020

By Augustine Abu To create access to finance for smallholder farmers in Nigeria, Solidaridad has initiated Village Savings and Laon Association (VSLA) to beneficiaries under its programmes in Nigeria. The scheme is a contributory and loan initiative among farmer groups […]

243 Views

Economy

Nigeria @60: ASUU says vibrant education system, good leadership way forward

admin Posted On October 1, 2020

The Academic Staff Union of Universities (ASUU) says the key to Nigeria’s true freedom is dependent only on a vibrant and competitive education sector. The union’s President, Prof. Biodun Ogunyemi, made the assertion in an interview with the News Agency […]

50 Views

Economy / News

Justice Salami allegedly says that”I regret heading Buhari’s panel investigating Magu”

abujareporter Posted On September 27, 2020

Justice Ayo Salami said he regrets being head of the presidential panel set up to investigate the tenure of Ibrahim Magu as chairman of the EFCC, two lawyers present when the jurist allegedly made statement , told premium times This was reportedly claimed by Mr Salami on Friday at the close of the defence hearing held by Mr Magu at the Presidential Villa in Abuja. The tribunal, headed by Mr Salami, former President of the Court of Appeal, is investigating allegations of corruption and insubordination following complaints lodged by the Federal Attorney General, Abubakar Malami, which led to the suspension of Mr Magu from his role as EFCC. The panel session was held behind closed doors, with journalists barred from attending. Journalists have, therefore, relied on lawyers and witnesses who appear before the panel to get details of what transpired. Civil rights groups and activists have requested that […]

44 Views

Economy

Nigeria’s Increased Petrol Price Cheapest In West Africa, Angry Reactions Unnecessary – Lai Mohammed

admin Posted On September 8, 2020

The Minister of Information and Culture, Lai Mohammed, has defended the decision of the government to increase the price of Premium Motor Spirit (PMS), also known as petrol. He attributed the increased amount to the global price of crude oil, […]

20 Views

Economy

Oil drops more than $1 after Saudi price cuts, demand optimism fades

admin Posted On September 7, 2020

Oil prices dropped more than $1 a barrel on Monday, hitting their lowest since July. The drop is coming after Saudi Arabia made the deepest monthly price cuts for supply to Asia in five months as optimism about demand recovery […]

18 Views

Economy

China’s August crude oil imports jump 13% on year as delayed cargoes clear customs

admin Posted On September 7, 2020

China’s crude oil imports in August climbed 13 per cent from a year earlier. The imports are buoyed by hefty orders placed earlier this year when global oil prices collapsed and as cargoes previously delayed by congestion at arrival ports […]

21 Views

Economy

NSE: Investors stake N3.79bn on 419.66m shares in bullish trading

admin Posted On September 5, 2020

The Nigerian Stock Exchange (NSE) on Friday moved 419.66 million shares worth N3.79 billion in bullish trading. This was against a turnover of 232.42 million shares valued at N1.32 billion traded in 3,377 deals on Thursday, representing an increase of […]

18 Views

Economy

Group urges farmers to embrace dry season farming

admin Posted On September 5, 2020

A group, known as Farming for Sustainable Growth (FSG), has called on farmers in Ekiti to embrace dry season farming in order to boost food production and their personal income. The group’s Coordinator, Mr Olabode Faleye, made the call in […]

20 Views

Economy

FG committed to produce national development plans- Minister

admin Posted On September 4, 2020

The Federal Government says it is committed to producing national development plans for the country. Mr Clement Agba, the Minister of State for Finance, Budget and National Planning made this known at a news conference on the Medium-Term National Development […]

17 Views