Economy

Economy: Senate passes MTEF, sets oil benchmark $44.5 per barrel

Economy: Senate passes MTEF, sets oil benchmark at $44.5 per barrel By Tunde Oladunjoye, Abuja Members of the Senate on Wednesday approved the Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) as presented to them by President Muhammadu Buhari last year.

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Group says Osinbajo’s visit to Niger Delta ‘ll yield positive result

By Wahab Akanji, Abuja A group, the CONCERNED Professionals’ Congress, (CPC) has said the visit of Vice-President Yemi Osinbajo to the Niger Delta region would promote a positive engagement with the people.

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Buhari, Ayade meet over Bakassi deep seaport project

By Wahab Akanji, Abuja President Muhammadu Buhari has met behind closed doors with Cross River State Governor, Professor Ben Ayade at the Presidential Villa.

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Lagos moves to entertainment to drive increased GDP

By Joshua Olalekan, Osogbo Lagos State Governor, Mr. Akinwunmi Ambode has revealed plans to leverage on the vast economic opportunities in entertainment, tourism and arts sectors to grow the Gross Domestic Product (GDP) of the state.

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China moves to invest additional $40b in Nigeria

By Abimbola Fashakin, Lagos The Chinese government is planning investment plans amounting to additional $40 billion in Nigerian economy.

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Kano residents lament as gallon of Kerosene hits N2,500

By Musa Madobi, Kano Residents of the ancient city of Kano have continued to experience untold hardship following acute shortage of kerosene in the commercial nerve centre of the northern part of the country.

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Budget: Oyo targets informal sector for N107b revenue in 2017

By Ismaila Akanji, Ibadan Oyo State Government has expressed its resolve to generate a total of N107 billion Internally Generated Revenue (IGR) for the year 2017.

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Kano governor signs N217.9b 2017 budget bill into law

By Musa Madobi, Kano Kano State Governor, Alhaji Abdullahi Umar Ganduje has signed into law the 2017 Appropriation Bill amounting to N217, 931, 867, 387 billion as passed by the state House of Assembly into law.

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Residents groan as price of kerosene reaches N260 per litre in Ilorin

By Toyin Durosinlohun, Ilorin Residents of Ilorin, the Kwara State capital are groaning as a litre of kerosene reaches a record high of N260.

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Group urges Buhari to halt sufferings of Nigerians

By Joshua Olalekan, Lagos United Action for Democracy (UAD) has urged President Muhammadu Buhari to ensure that Nigerians are insulated from the current pang of austerity in the country.

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