Posted in Business Economy National

Rice millers to shut down plants over looting and destruction of mills by hoodlums

Nigerian rice millers under the aegis of Rice Millers Association of Nigeria have said that they would be shutting down their plants in some parts…

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Posted in Business Economy Foreign News

Exxon Mobil To Cut 1.900 US Jobs As Covid-19 Hits Oil Prices

Exxon Mobil said Thursday it will eliminate 1,900 US jobs as part of a global cost-cutting drive that will shrink its global workforce by about…

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Posted in Economy Foreign News

UK Economy 7-10% Below Pre-COVID Levels- Bank Of England Chief

Bank of England governor Andrew Bailey on Thursday said UK economic output in the third quarter was between seven and ten percent below pre-pandemic levels….

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Posted in Economy Foreign News

Slight Fall In German Unemployment On Economic Rebound

German unemployment fell slightly in September, official data showed Wednesday, as Europe’s largest economy showed further signs of recovery following the initial hit from the…

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Posted in Economy Politics

Kano Multi-Billion Naira Economic City Is Near Completion, Says Ganduje

Kano State Governor, Abdullahi Ganduje, has said that the multi-billion naira economic city under construction has reached over 70%, as his administration hopes to boost…

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Posted in Economy Headlines National Politics

Reps Caucus Demands Halt In Fuel Price Increase

The Minority Caucus in the House of Representatives has rejected the reported increase in the pump price of fuel from N148 to N151.56. Minority Leader…

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Posted in Economy National

Nigeria’s economy enters negative growth

Nigeria’s economy has entered a negative growth as confirmed in a new report released by the National Bureau of Statistics (NBS) on Monday August 24….

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Posted in Economy National

ECOWAS mediation team meets ousted President, Junta leaders

A DELEGATION of Economic Community of West African States (ECOWAS) mediating in the crisis rocking Mali met on Sunday with ousted President Ibrahim Boubacar Keita….

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Posted in Business Economy National

Economy to shrink by 5.2% in 2020, says NESG

The Nigerian Economic Summit Group (NESG) has said the economy will shrink by 5.2 percent this year. It called for effective implementation of palliative measures…

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Posted in Economy National

WTO, AfCTA Will Affect Nigeria’s Revenues – Customs CG

Comptroller General of the Nigeria Customs Service, Hameed Ali, on Thursday, said the World Trade Organisation (WTO) treaty and the African Continental Free Trade Area…

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