Economy

The National Economic Council, NEC, has suspended the planned removal of subsidy on petroleum products by the end of President Muhammadu Buhari’s administration. The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed…
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Oyo State Government has sought the support and collaboration of the Energy Commission of Nigeria in a bid to improve on power generation and supply in the state. The Director Genreal, Oyo state Liaison Office in Abuja and Lagos, Hon.…
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Nigeria and Saudi Arabia are two major oil-producing countries in the world. However, the way these countries manage their oil proceeds is different, and this has had significant implications for their economies and citizens. In this…
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The Social and Economic Advancement For Development in Africa SEAD in partnership with National Youth Council of Nigeria NYCN Oyo State Chapter and West Africa Vocational Education WAVE are inviting youths in the state to an employment and…
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The Ogun State Signage and Advertising Agency, (OGSAA) has on Wednesday apprehended two fake agents parading themselves as duly certified third party agents of the Agency. The General Manager, Ogun State Signage and Advertising Agency,…
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The Nigeria Labour Congress, NLC, has suspended its planned strike over the scarcity of naira notes across the country. NLC had planned to begin a nationwide indefinite strike from tomorrow, (Wednesday, March 29) and picketing of CBN…
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Following Directive from the Central Bank Of Nigeria for Commercial banks to open for operation on during weekends, large crowd of customers thronged to the banking hall to get money across the counter. A visit to some of the banks in…
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Oyo State Government has commenced payment of N325 million compensation to property owners acquired for the construction of two bus terminals at Iwo Road interchange Ibadan. The State Commissioner for Public Works, Professor Daud…
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Commercial institutions are now required by the Central Bank of Nigeria to accept and distribute old naira notes as legal tender everywhere in the nation. According to a statement made on Monday by the interim director of CBN Corporate…
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The Presidency Monday evening said the Central Bank of Nigeria had no reason not to comply with the ruling of the Supreme Court on the naira redesign policy. It stated that the President, Muhammadu Buhari did not instruct the CBN…
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