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Economy

FG to cut 2016 budget, Buhari appoints Akabueze DG Budget Office

Federal Government of Nigeria has opted to reduce total budgetary spending on 2016 capital expenditure plan ahead of indication that the budget would not...
Business

EFCC arrests Gombe govt house accountant over Diezani’s $15m campaign fund

The Economic Financial Crimes Commission, EFCC, has arrested the accountant of Gombe State Government House, Mohammed Balbaya, for allegedly receiving N338 million from Fidelity...
Business

Senate invites Emefiele, Ngige, Bank CEOs over bank retrenchments

The Senate has summoned the Minister of Labour, the Central Bank Governor and the Chief Executives of commercials banks to give reasons for the...
Economy

We are observing the eventuality in Niger Delta – US Consulate

The US Mission to Nigeria has revealed that it is monitoring reports of attacks and other incidents in the Niger Delta. It added that it...
Economy

Economy: The gale of sack hits Ecobank, as 1,040 workers go home

Job losses being witnessed in the country due to the current economic hardship has caught up with Ecobank Nigeria, which has sacked over 1,040...
Business

Oil Producing States: Aje Oilfield, Lagos, Produces in Excess of 10,000 bpd

The two wells in Aje oil field located in Oil Mining Lease (OML) 113, offshore Lagos, have tested in excess of 10,000 barrels of...
Economy

Buhari’s one year in office, key accomplishments

The Office of the Special Adviser to the President on Media and Publicity has released a 75-item score card to mark President Muhammadu Buhari’s...
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