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Tuesday, May 11, 2021
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CATEGORY

Economy

NSE Index: Top Five List Of Gainers And Losers

The Nigerian Stock Exchange market closed with 4,235 deals on Monday, October 26, 2020, higher than the 2,942 deals it closed with on Friday,...

World Bank’s Malpass Says Fuel Increase Good For Nigeria

World Bank President, David Malpass, said the decision of the Federal Government to remove subsidy would benefit Nigeria in the longrun. He commended the...

BREAKING: NNPC releases 2019 audited financials, reports N1.7bn loss

The Nigerian National Petroleum Corporation (NNPC) Thursday declared a loss of N1.7 billion for the 2019 financial year, a 99.7 per cent reduction from...

FG releases reports on 10yrs subsidy programs, expenses

The Federal Government has released reports on the country’s subsidy programmes and expenses, saying the government spent no fewer than N8.94 trillion on oil...

BREAKING: Nigeria’s Economy Shrinks By 6.10% In Q2

For the first time in more than three years, the nation’s economy shrank in the second quarter of this year as the Gross Domestic...

Download The CBN Monthly Economic Report Here via Law Reporters Live

The Central Bank of Nigeria (CBN) has enhanced the reporting format and presentation of its periodic economic reports. The latest report released by the...

BREAKING: Inflation hits 12.82% in July

Nigeria’s rate of inflation, which is measured by the country’s Consumer Price Index, rose to 12.82 per cent in the month of July 2020,...

Nigeria May Slide Into Another Recession, Says FG

The Federal Government has said the Nigerian economy may slide into another recession by the third quarter of 2020. This was disclosed by Zainab Ahmed,...

NNPC Officials Stole 48 Million Barrels of Oil – Firm

An oil trading firm, Samano Sa De CV, has written a letter to the Group Managing Director of the Nigerian National Petroleum Corporation,...

Gbajabiamila Unveils Agenda To Tackle Insurgency, Poor Education

The Speaker of the House of Representatives, Femi Gbajabiamila, has announced a new legislative agenda for the green chamber, in line with the current...

Latest news

Court temporarily halts re-trial of Orji Uzor Kalu over alleged N17.1bn fraud

A Federal High Court in Abuja has ordered the re-arraignment of former Abia State Governor, Orji Uzor Kalu in an alleged N7.1bn money-laundering charges...

Ayade swears in Justice Akon Ikpeme as Cross River Chief Judge

Twice rejected by the State House of Assembly for being a security threat Justice Akon Bassey Ikpeme was on Monday sworn-in by Cross River...

Court orders forfeiture of Yari’s N284m to FG

A Federal High Court in Abuja on Tuesday ordered a final forfeiture of about N284, 306, 294.04 linked to a former governor of Zamfara,...

Court reverses dismissal of 3 police officers, orders recall

Justice Elizabeth Oji of the Lagos Judicial division of the National Industrial Court has nullified the purported dismissal of Mufutau Olaosun, Temitope Adebayo, and...

Court acquits lawyer of stealing N50.2m from Domino Stores

An Ikeja High Court on Wednesday acquitted a lawyer, Yetunde Sousa, accused of stealing N50.2Million from Dominos Stores and Ozone Cinemas. Delivering judgment, Justice Raliat...
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