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Adeosun: Disregard messages trending on social media, I am not on Twitter - The Cable

Kemi Adeosun, minister of finance, has asked the public to discredit messages credited to her on social media, saying she does not own any Twitter account. In a statement issued by Festus Akanbi, her spokesman, Adeosun said the content of…

Recession: Domestic Airlines Face Bleak Future - Thisday

Industry experts have projected that by the end of 2017 only three Nigerian airlines will be operating scheduled passenger service, which means that two more airlines may stop operation after Aero Contractors. Domestic carriers are facing…

Prices of kerosene, diesel hit over N300 per litre - Guardian

Consumers paid an average monthly price of N310 per litre for Household Kerosene (HHK), across the 36 States and Federal Capital Territory (FCT), according to the latest report from the National Bureau of Statistics (NBS). The price is even…

Again, Nigeria’s Manufacturing Index Declines in August - Thisday

The Manufacturing Purchasing Manager’s Index (PMI) declined to 42.1 index points in August 2016, compared to 44.1 in the preceding month, indicating that the manufacturing sector declined at a faster rate during the review period. The Central…

Time To Redenominate The Naira - Leadership

It’s official: Nigeria is in recession as we enter the last quarter of 2016. This is no doubt a big blow and a bad addition to the myriad of crises in its economy. The assessment by the National Bureau of Statistics (NBS) reflected the…

After Grim Economic Data, Buhari Appeals for Patience, Promises Real Change - Thisday

Following the grim economic data released on Wednesday by the National Bureau of Statistics (NBS) confirming Nigeria’s slide into recession, rising inflation, unemployment and plummeting foreign capital importation, President Muhammadu Buhari…