We’ll Urgently Develop Agriculture, Other Sectors To Overcome Harsh Effects Of Lower Oil Prices – Buhari

President Muhammadu Buhari said late Tuesday in Riyadh that his administration was fully committed to increasing the productivity of Nigeria’s agriculture and solid minerals sectors to save the nation from

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DSTv slashes price of decoders

By Victor Akoji [E]ntertainment giant, MultiChoice (operator of DStv) has reduced the price of DStv Explora decoder, dish and one month Compact subscription from N71,000 to N30,000. The company also

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Naira firms after Buhari rejects devaluation

Naira firmed sharply to 375 on the parallel market on Monday after importers started to reduce demand for dollars following the president’s defiance over devaluing the currency, hit hard by

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Oil Price Stability High On Agenda As Buhari Visits Saudi Arabia, Qatar

President Muhammadu Buhari would on Monday, February 22, 2016 begin a week-long official visit to Saudi Arabia and Qatar. President Buhari, who will be accompanied by a high-powered Federal Government

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Buhari to attend Business Forum in Egypt

President Muhammadu Buhari will on Friday depart Abuja for  Sheikh, Egypt to participate in the Business for Africa, Egypt and the World Forum. The forum, which opens in the Egyptian resort town on Saturday,

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We Are Committed To Free Trade, Buhari Assures WTO

President Muhammadu Buhari said Monday in Abuja that Nigeria remains fully committed to free international trade, despite its present economic circumstances. President Buhari  spoke at an audience in the Presidential

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FG to save N200bn from direct sale of crude oil

The Federal Government has disclosed plans to save $1 billion (N200 billion) from the Direct-Sale-Direct-Purchase (DSDP) initiative in the oil sector. The Minister of State for Petroleum/Group Managing Director of

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Nigeria does not need oil to survive – Osinbajo

Vice President Yemi Osinbajo said on Monday that the drop in global oil prices is not enough to destroy Nigeria’s economy. Speaking during a meeting with a group of international

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‘Nigeria spent N20.2tr on fuel importation in five years’

Nigeria spent N20.2 trillion to import petrol, diesel and kerosene between January 2010 and September 2015. According to figures jointly compiled and released by the Nigerian Bureau of Statistics (NBS)

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No plan to increase individual taxes – FG

The Federal Government on Thursday said it had no plans to increase taxes as a way of offsetting the deficits in the 2016 Budget. The Minister of Budget and National

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