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Ex-VP Sambo canvasses full implementation of local content policy

A former vice president, Namadi Sambo, on Tuesday canvassed more support to the ongoing efforts of the federal government to diversify the nation’s economy.

Misery Index: Nigeria not a miserable country

In a report titled: “The Misery Index 2018,” authored by Dr. Steve Hanke of the Johns Hopkins University in Baltimore, Maryland, Nigerians have been labelled the sixth most miserable people in the world. The misery index was introduced in the 1970s by Arthur Okun, an American economist, author of the seminal work, Equality and Efficiency: The Big Trade Off (1975).
President Buhari receives in Congratulatory Visit Members of the Traditional Rulers Council in State House on 5th Mar 2019-2

President Buhari receives report on implementation of N30,000 national minimum wage

President Muhammadu Buhari on Monday received the report of the Technical Advisory Committee on the implementation of the new National Minimum Wage at the Presidential Villa, Abuja.
Miners at work in a mine shaft. AFP

Report: 24 bodies retrieved from flooded Zimbabwe gold mine

Rescue workers retrieved 24 bodies and eight survivors on Saturday from two flooded gold mines in Zimbabwe where officials fear dozens more illegal miners are still trapped, state television reported.
The presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, is to kick-start his campaign for the 2019 presidential election through an address to Nigerians on Facebook on Monday.

The Economist predicts Atiku Abubakar victory in Nigeria’s presidential election

The Economist magazine has predicted that the presidential candidate of the Peoples Democratic Party, Atiku Abubakar, will win the February 16 election.

Yoweri Museveni: No organised authority in Somalia

Ugandan President Yoweri Museveni has called Somalia a country with no state and which lacks “organised authority” in a televised speech in the capital, Kampala.
Ngozi Okonjo-Iweala

Ngozi Okonjo-Iweala eyes World Bank president Post

Nigeria’s former Minister of Finance, Ngozi Okonjo-Iweala, has made her intentions of vying for the post of World Bank’s President known.

Pat Utomi: Likely monetary policy rates retention in future reasonable

An economist, Prof. Pat Utomi, has said the likely retention of the Monetary Policy Rates for a while at 14 per cent was reasonable due to non-availability of pressure on the economy.
Congo Election

DR Congo internet restored after 20-day suspension over elections

The internet is working again in the Democratic Republic of Congo after being blocked since December 31 in a likely attempt to dampen speculation about the presidential election results.
Titus Okurounmu

Economist urges states to be proactive over minimum wage

An economist, Titus Okuroumu, has urged state governments to be proactive in resolving the challenges militating against the proposed new national minimum wage.

Federal government to review revenue sharing formula over minimum wage

Indications emerged on Thursday that the Federal Government may have decided to review the revenue allocation sharing formula to enable states meet the new minimum wage proposal pegged at N30, 000.
Nigeria's Budget Minister Udoma Udo Udoma speaks during the public presentation and breakdown of 2018 Appropriation Act in Abuja, Nigeria.

Federal government allays budget fears over oil price drop

Minister of Budget and National Planning, Senator Udoma Udo Udoma, has allayed the fears of Nigerians over the softening of the international oil prices, saying that the government willclosely monitor the events with a view to achieving targeted oil production.
Chika Onuegbu

Economist: 2019 will be tough for Nigeria

An economist, Chika Onuegbu, has said that the economic indicators in the country for 2019 were unfavourable to Nigeria, adding that the year will be very tough for the country.
South Africa’s Rand

South Africa’s rand weakening in volatile run-up to May vote

South Africa’s rand is expected to erase around a third of the 10 per cent gains made in the past two months in the run-up to May elections as strong volatility rattles the currency, a Reuters poll found on Thursday.
The presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, is to kick-start his campaign for the 2019 presidential election through an address to Nigerians on Facebook on Monday.

2019: Atiku Abubakar kicks as The Economist tips Muhammadu Buhari for victory

The Presidential candidate of the Peoples Democratic Party, PDP, Atiku Abubakar, has described the recent “endorsement” by The Economist of London, of the candidate of the All Progressives Congress, APC, Muhammadu Buhari, in the coming election as scandalous and partisan.

Losing sleep over The Economist, other predictions

It matters a lot to our politicians what the foreign press or agencies say about them, especially about their electoral chances. If foreigners, particularly those in London or New York, say something nice, our politicians take it to heart and repost as far and wide as they can. If not, they get mad.
Atiku Abubakar

Atiku Abubakar: Niger-Delta states can take 100 percent of oil revenues

The presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has said he is willing to let Nigeria’s oil producing states have absolute control of crude oil revenues from their domains, but added he is reluctant to immediately implement such policies at this stage of national development.

GTI Capital, NFF partner to build Nigeria’s football economy

The Nigeria Football Federation (NFF) and GTI Capital Group say they will work together to develop and activate Nigeria’s football economy.

Recent Stories

Former VP Namadi Sambo elected board chair Baze university

Former Vice President Namadi Sambo was yesterday unanimously elected chairman board of trustees of Baze University, Abuja alongside four other new members inaugurated by the board.
4 The Nigerian Air Force (NAF) said it has commenced aerial display of its fighter aircraft in the Federal Capital Territory (FCT), as part of its activities to mark the country’s 58th Independence Day celebration on October 1.

NAF to mark 55th anniversary April 22

The Nigerian Air Force (NAF) will deploy aircraft, military equipment and personnel in Abuja during rehearsals for its 55th Anniversary celebration.
Lionel Messi already deserves to lift a sixth Ballon d'Or regardless of whether he wins the Champions League with Barcelona or not, according to former Brazil striker Rivaldo.

Rivaldo: Lionel Messi already deserves the next Ballon d’Or

Lionel Messi already deserves to lift a sixth Ballon d'Or regardless of whether he wins the Champions League with Barcelona or not, according to former Brazil striker Rivaldo.
Carlo Ancelotti still believes in Napoli's squad as he backed his players after their Europa League defeat to Arsenal.

Carlo Ancelotti backs Napoli squad despite Europa League defeat to Arsenal

Carlo Ancelotti still believes in Napoli's squad as he backed his players after their Europa League defeat to Arsenal.
All Progressives Congress (APC) Nigeria

Ninth National Assembly: Forum of APC newly-elected Reps backs Femi Gbajabiamila

The Forum of All Progressives Congress (APC) newly-elected members of the House of Representatives have expressed support for the consensus candidate of the party for the 9th National Assembly Speakership, Femi Gbajabiamila.