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Factory output expands as Nigerian economy records slight recovery

THE Nigeria's Gross Domestic Product (GDP) grew by 0.51 per cent in real terms in the first quarter (Q1)...
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High cost of bank credit squeezes Nigeria’s small businesses

MICRO, small and medium enterprises (MSMEs) in Nigeria are hard hit by the high cost of loans offered by...
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Against common sense, NNPC commences $1.5bn Port Harcourt refinery repairs

THE Nigerian National Petroleum Corporation (NNPC) has commenced work on Port Harcourt refinery despite indices showing that spending $1.5...
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Inside Lagos local government councils where officials divert taxes to personal bank accounts

IT was drizzling in Lagos on Monday, February the 1st, 2021. The city was, as usual, boisterous and exacting. ...
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LCCI faults Nigeria’s FX policy, $1.5bn Port Harcourt refinery rehabilitation

THE Lagos Chamber of Commerce and Industry (LCCI) has criticised the Central Bank of Nigeria (CBN)'s management of the...
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Army say terrorists did not recapture Damasak town in Borno

THE Nigerian Army have denied reports making the rounds that Damasak town in Mobbar Local Government Area of Borno...
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