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Business

Economy

Lagos, Kaduna, Edo Lead In $15.05bn Foreign Debts – NBS

David Abakpa -
The National Bureau of Statistics (NBS) has listed Lagos among states with the highest domestic debt and the highest foreign debt estimated at $15.05...
Business

Oil Rises To Approximately $56 On Rising Refinery Demand, Falling U.S. Rig Count

David Abakpa -
Oil markets were firm on Monday and remained near multi-month highs reached late last week as the number of U.S. rigs drilling for new...
Business

Food Prices Crash In Asaba

David Abakpa -
Prices of staple food, including garri, yam and potatoes, have crashed in Asaba and environs, a market survey by the News Agency of Nigeria...
Business

Real Reasons Why Importers Run From Nigerian Ports

David Abakpa -
....A comparative analysis  on the ease of doing business and port charges between Nigerian ports and those of the other countries in the West...
Business

Naira Falls To N367/Dollar At Parallel Market

David Abakpa -
Naira against the Dollar at parallel market dropped to N367 as speculation over Dollar currency scarcity hits market. The naira traded at N366 against...
Columns

Buhari Inaugurates Olam Farm In Kaduna

David Abakpa -
Global agri-business Olam International Limited (“Olam’’) today welcomed His Excellency President of the Federal Republic of Nigeria, Muhammadu Buhari, to inaugurate Olam’s poultry feed...
Business

Naira Drops As CBN Injects Another $250m Into Forex Market

David Abakpa -
The naira on Monday depreciated against the dollar in the parallel market. The Nigerian currency depreciated against the dollar by N2 in the parallel market. The...
Business

Nigeria’s Economy Under Great Threat – US

David Abakpa -
The United States on Friday warned that the Nigerian economy remains under great threat due to criminal activities in the Niger Delta and the...
Business

MAN Contributed Immensely To GDP Growth – President

David Abakpa -
Meanwhile, the president of the Manufacturers Association of Nigeria (MAN), Dr. Frank  Udemba, has said members of the association contributed greatly to the positive...
Business

Impact Of ‘Exit From Recession’ Will Not Be Felt Soon – NBS

David Abakpa -
The Chief Executive Officer of National Bureau of Statistics (NBS), Dr Yemi Kale, has said that the effect of Nigeria coming out of recession...
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