Business & Economy

Maureen Aguta Nigeria’s inflation figure has reached a new high, hitting 34.19 per cent for June 2024, according to the latest data from the National Bureau of State Statistics (NBS). This is an increase of 0.24…

Maureen Aguta The President, African Development Bank Group (AfDB), Dr Akinwumi Adesina, has warned that the decision by the Federal Government to allow massive food importation may destroy the country’s agriculture…

Many Nigerians in Abuja and environs who cannot afford a whole tuber of yam have resorted to buying it in pieces as prices of foodstuff soar amid hardship. A visit to some markets in the FCT by the News Agency of Nigeria on…

Maureen Aguta Comrade Joe Ajaero, President of the Nigerian Labour Congress (NLC), and Trade Union Congress (TUC) President, Festus Osifo have said the status quo on N250,000 as minimum wage stands. While the…

President of the Trade Union Congress (TUC), Festus Osifo, has waived off criticisms that the struggle for a new national minimum wage may have died and forgotten by the labour leaders. While reacting to the insinuations, Osifo…

Maureen Aguta Laolu Akande, a former aide to ex-Vice President Yemi Osinbajo says with some policies already in place, Nigeria may not need a Ministry of Livestock Development. President Bola Tinubu had on Tuesday…

Maureen Aguta The Federal Government has announced measures to tackle the skyrocketing food prices nationwide. The Minister of Agriculture and Food Security, Senator Abubakar Kyari, said the measures would be…

Maureen Aguta International financial analytics corporation, S&P Global, has described the 650,000 barrels per day (bpd) Dangote Oil Refinery and Petrochemicals company as capable of resolving Nigeria’s foreign…

Maureen Aguta Nigeria has won the bid to host the headquarters of the $5 billion African Energy Bank, after a keenly contested bid with five other countries, including Ghana, Benin Republic, Algeria, South Africa, and…

Tinubu said the 31-member Council was set up to meet the need for innovative solutions to the country’s economic challenges, noting the importance of public-private partnerships in driving economic reforms, according to a State House…