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Presidency blames appointment of “dead people” on Buhari’s medical trips

The Presidency has reacted to the outrage and condemnation from Nigerians for the inclusion of 6 dead individuals as appointees to the boards of...

Updated: President Buhari appoints 6 dead individuals as board members

After a long wait, President Muhmamed Buhari yesterday released the list of board members for various parastatals and  agencies. In a reflection of what...

One thing the Nigerian government must do to before deregulation of petrol prices

The Case for Deregulation We probably all agree, to varying degrees, on the need for a full deregulation of the Premium Motor Spirit (popularly known...

NEITI: Nigeria’s Oil Revenues Plunged by 55% to $24.8b in 2015

29 December 2017, Abuja— Nigeria’s oil and gas revenues plunged from $54.5 billion in 2014 to $24.8 billion in 2015, while the country’s oil...

The Problem of Free Petrol in Nigeria by Mannasseh Egedegbe

That’s right. You can actually get free petrol in Nigeria if you are lucky enough to be at a fuel station that is selling...

Read IMF latest review of Nigerian economy and outlook for 2018

Nigeria is exiting the recession but the economy remains vulnerable. Welcome actions to improve the power sector...

Moody’s rates Nigeria stable, despite concerns about the country’s economy

Rating agency Moody's assigned a B2 rating for Nigeria’s annual credit analysis, but highlighted its worries about the government’s continued dependence on oil revenue. What...

IKOYIGATE: Union Bank steps forward as owner of Osborne property

Union Bank Plc has appealed against the judgement forfeiting the Osborne apartment and building to the Federal Government. The bank laid claim to the...

Silver lining as SMEs can get loans using moving collateral

Business owners in Nigeria can now heave a huge sigh of relief as the Federal Government approved the usage of movable collateral for collecting...

Lagos leads States IGR with N168 billion generated in 9M 2017

The National Bureau of Statistics (NBS) today released its report on the Internally Generated Revenue (IGR) for the third quarter ended September 2017. A...

President Buhari sends names of Code Conduct tribunal nominees to  National Assembly

President Muhammadu Buhari today sent the names of nominees for the Code of Conduct bureau to the Senate. In a letter addressed to the...

Why the CBN will sack some bank directors soon

The Central Bank of Nigeria recently revealed why it will relieve directors of commercial banks their positions in the country. Director of Banking Supervision...

Here’s a comprehensive report on the National Economic Council meeting held 23-11-2017

According to the Senior Special Assistant on Media and Publicity to the President (Office of the Vice President) Laolu Akande, the meeting of the...

Thoughts on Anambra Governorship Election

By the time you are reading me, the All Progressive Grand Alliance (APGA) should well be on its way to claiming a landslide victory...

Moody’s latest downgrade of Nigeria and how it affects you

Rating Agency, Moody, downgraded Nigeria the Government long-term issuer and senior unsecured debt rating to B2 from B1. The rating outlook remains stable. This follows...

Moody’s downgrade of Nigerian banks explained

Moody's Investors Service (Moody's) recently downgraded to B2 from B1 the long-term local currency deposit and issuer ratings of four tier one Nigerian banks...

Trails of corruption not a yardstick for justice – Makarfi

The Chairman, National Caretaker Committee, NCC, of Peoples Democratic Party, PDP, Senator Ahmed Makarfi, has said national chairmanship aspirants with pending cases in court...

Here is the latest twist to the Ikoyi whistleblower saga

Yakubu Galadima, the lawyer of the whistleblower who informed the Economic and Financial Crimes Commission  (EFCC) of the $43m, N23.2m and £27,800 (N13bn) recovered...

CBN Governor Godwin Emefiele reveals his 2018 forecast

The Central Bank of Nigeria (CBN) may change its monetary policy stance next year from the current tightening position to an easing stand that...

Yemi Osinbajo predicts “better economy”

The Vice President, Yemi Osinbajo, says Nigeria’s ranking in the latest World Bank Doing Business report is impressive and is also proof that if...

The 2018 Budget and a look at its priorities

Like every other list, there are priorities. Putting the economy of the nation into perspective, the administration charts a course for the coming year. Proposed...

Buhari’s ‘doomed’ 2018 budget in 5 quick takes

President Muhammad Buhari presented the 2018 Budget of N8.6 trillion to the National Assembly on Tuesday, 7th November 2017 tagged, Budget of Consolidation. Major highlights...

Full Transcript Of President Muhammadu Buhari’s 2018 Budget Speech

President Muhammadu Buhari on Tuesday presented the 2018 Appropriation Bill to a joint session of the National Assembly. The executive proposed a budget of N8.6...

This Week; What to expect from the Nigerian economy

This is Ugodre's weekly outlook for the week ending November 11, 2017. The Week from the rear view; The Central Bank of...
Why the National Assembly may not pass the 2018 budget before the end of the year

REVEALED: Why National Assembly may not pass the 2018 budget by the end of...

With the National Assembly preoccupied with a deluge of executive proposals to execute in and within the next seven weeks, there are convincing indications...

How Nigeria would benefit from $400 million budget support from the AfDB

In a surprising twist of events, the African Development Bank (AfDB) has signalled its willingness to provide an additional $400 million as budget support...

President Muhmmadu Buhari shifts gears forward

In signs that he may be ready to move things at a faster pace, President Muhammadu Buhari has signalled his intentions to appoint more...

Development Bank disburses N5 billion loan to SMEs

The Development Bank of Nigeria (DBN) has begun operations with a N5 billion loan to Macro and Small Medium Enterprises in the country. Managing...

Here’s why African Development Bank called off proposed loans to Nigeria

Reports reaching Nairametrics reveals that the African Development Bank (AfDB) has called off a loan to Nigeria. This loan would have aided the funding...

This week: What to expect from the Nigerian Economy

This is Nairametrics Outlook for the week ending November 4th, 2017 The week from the rear view Last week, the Central Bank...