Business & Economy

THE Department of Petroleum Resources (DPR) yesterday suggested a possible increase in the pump price of Premium Motor Spirit (PMS) otherwise known as petrol to N1,000 per litre. The…
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The World Bank has commended Governor Yahaya Bello for refunding $4.63 million surplus funds under the Nigeria Erosion and Watershed Management Project (NEWMAP). In a letter of…
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President Muhammadu Buhari has submitted a borrowing plan of N5.62 trillion for next year to the Senate for approval, bringing the country’s total debt to N38.7 trillion. The nation’s…
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VICE-PRESIDENT Yemi Osinbajo has forecasted that the leather products industry will generate more than $1bn by 2025. Osinbajo said it would also create over 700,000 jobs for Nigerians.…
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VICE-PRESIDENT Yemi Osinbajo says poorly negotiated agreements and poor monitoring by government officials are the prominent causes of financial losses by nations. Speaking at the…
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THE Budget Office of the Federation says Nigeria must borrow to exit recession, noting that the country is poor. Director General, Ben Akabueze, made this known in reaction to…
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THE Federal Government spends between N140 billion to N150 billion monthly on fuel subsidy, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele…
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THE Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mele Kyari, says Nigerians should be paying at least N256 per litre for petrol. Kyari disclosed…
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