Kachikwu Promises Fuel Scarcity Will End By April 7, Explains How He Will End It

Minister of State for Petroleum Resources Ibe Kachikwu announced that fuel lines will end by April 7th, amid significant public pressure. He made the announcement after apologizing...

Buhari, Oil Workers Meet To Tackle Petrol Scarcity

  President Muhammadu Buhari has held a meeting with the leaders of the NUPENG and PENGASSAN behind closed...

World Bank Says Abacha’s Loot Is Too Huge To Handle

The World Bank has said it would take a lot of time to give a comprehensive response on how the late Sani Abacha’s loot was disbursed. World Bank’s president Jim Yong Kim (left) needs...

Obasanjo Reveals 5 Reasons Why Africa’s Economy Is Not Stable

Former Nigerian president, Chief Olusegun Obasanjo, has revealed 5 reasons why Africa’s economy is not stable. Obasanjo who stated this while speaking earlier today, October 8, 2015...

Naira Falls Against The Dollar Again

The naira has fallen against the US dollar at the parallel market again, it has been revealed. According to Vanguard reports, the naira on Monday further depreciated against the dollar...

Reasons why The Nigerian Economy is going down

Charles Onunaiju, the director of China Cultural Centre, has stated that Nigeria can diversify its economy by using the “China model”, which involves growth of local industries and increasing...

Naira Rises As Banks Reject Dollars

  The naira continues to rise against the US dollar this week as Deposit Money Banks reject cash deposit of foreign currencies, The Punch reports. The source notes that...