Home Economy

Economy

197 Articles
NDC, Obidients condemn FG’s 30-day petrol discount
Politics

NDC, Obidients condemn FG’s 30-day petrol discount

The Nigeria Democratic Congress and the Obidient Movement have condemned the Federal Government’s 30-day petrol discount through Nigerian National Petroleum Company Limited stations,...

Atiku faults FG’s 30-day fuel discount, demands lasting relief
Politics

Atiku faults FG’s 30-day fuel discount, demands lasting relief

Former Vice President and African Democratic Congress presidential candidate, Atiku Abubakar, has faulted the Federal Government’s proposed 30-day petrol discount at Nigerian National...

FG offers 30-day petrol discount through NNPC
Economy

FG offers 30-day petrol discount through NNPC

The Federal Government has announced a 30-day discount on petrol sold through Nigerian National Petroleum Company Limited filling stations, with public transport operators...

Nigerian Equities Lose N110bn as Oando, PZ Cussons Shares Decline
NigeriaBusinessEconomy

Nigerian Equities Lose N110bn as Oando, PZ Cussons Shares Decline

Investors in the Nigerian equities market lost N110.16 billion on Wednesday as renewed selling pressure pushed the market lower for a sixth consecutive...

Nigeria’s Economic Growth Still Too Weak to Reduce Poverty, Report Says
NigeriaEconomy

Nigeria’s Economic Growth Still Too Weak to Reduce Poverty, Report Says

Nigeria’s economic recovery is yet to translate into enough improvements in living standards to significantly reduce poverty, with the World Bank warning that...

Group Backs Additional $500m Financing for ACReSAL in Northern Nigeria
NigeriaAgricultureBusinessEnvironment & Climate

Group Backs Additional $500m Financing for ACReSAL in Northern Nigeria

A civil society group has backed the proposed $500 million additional financing for the Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) project, saying the...

South Africa’s Manufacturing Output Falls 4.3% in August
AfricaEconomy

South Africa’s Manufacturing Output Falls 4.3% in August

South Africa’s manufacturing sector recorded a sharp contraction in August, with factory output falling 4.3% year-on-year, signalling renewed weakness in one of the...

Police Pension Fund Weighs Dangote Refinery Investment
Business

Police Pension Fund Weighs Dangote Refinery Investment

The Nigeria Police Force Pensions Limited is considering investing in the Dangote Petroleum Refinery and Petrochemicals as part of efforts to diversify its...