Booby Traps in 2015 Budget

The House of Representatives passes the 2015 budget on Thursday with the removal of oil subsidy, including reduction in allocation to Subsidy Reinvestment and Empowerment Programme as well the National Assembly …

Nigerians Generate 2,500 Megawatts of Back-up Power

THE Nigerian National Petroleum Corporation, NNPC, has said that Nigerian households and businesses generate 2,500 megawatts of electricity from petrol, kerosene and Automotive Gas Oil, AGO, popularly known as diesel. At a special session in the recently concluded 2015 Nigeria Oil and Gas, Conference in Abuja, David Ige, group executive director in charge of

Nigeria Among Top 10 Economies by 2050

The PricewaterhouseCoopers is predicting that Nigeria will be among the top 10 economies in the world by 2050 if it builds strong institutions, diversify economy and sustains growth friendly policies …

Events of the Year: Economy

NIGERIA’s economy in the year 2014 had a mixed bag of the good, the bad and the ugly. In the first quarter of the year the nation was greeted with the good news that the country has rebased its gross domestic product, GDP, from 1990 to 2010, resulting in the 89 percent increase in the estimated size of …