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NNPC Sept Report

Recession

Oando’s share price up by 10%

February 25, 2021 Admin5 0

Oando Plc joined the Nigerian Stock Exchange (NSE) top gainers with a 10 per cent increase in share price from N3.18 to N3.41 yesterday. The […]

Telecoms, crop production, others take Nigeria out of recession

February 22, 2021 Admin5 0

Nigeria’s telecommunications industry, regulated by the Nigerian Communications Commission (NCC), is one of the sectors whose performance lifted the country out of recession in the […]

I bought my third jet during COVID-19 pandemic, Apostle Suleman boasts

February 17, 2021 Admin5 0

The General Overseer of Omega Fire Ministries International, Apostle Johnson Suleman, says he bought his third jet during the raging COVID-19 pandemic which pushed the […]

FG: economic activities recovering, recording positive growth

February 12, 2021 Ebere 0

The federal government has said that economic activities in Nigeria are recovering. This, the government said, is reflected by a reduced contraction of 3.6 percent […]

Rescind hike in electricity tariff – PDP to Buhari

January 5, 2021 Political Editor 0

By Chibuike Nwabuko Abuja (Sundiata Post) – The opposition Peoples Democratic Party has reacted to the announced hike in electricity tariff by the ruling All […]

2021: Which Way Nigeria oooo? By Dakuku Peterside

January 4, 2021 Editor 0

Legendary highlife and Afrobeat musician, Sunny Okosun in February 1983 sang a prophetic song with the above title. In the music, the Ozzidi  master asked: […]

Senate passes 2021 budget, wants Executive to submit supplementary budget

December 21, 2020 Political Editor 0

By Chibuike Nwabuko Abuja (Sundiata Post) – Senate on Monday passed the N13.082trillion 2021 budget even as the red chamber uncovered a need for a […]

2020 budget: N’Assembly won’t approve another extension request – Senate

December 21, 2020 Political Editor 0

By Chibuike Nwabuko Abuja (Sundiata Post) – President of the Senate, Ahmad Lawan, has said that the National Assembly would not accede to another request […]

Dissolution: Declare all APC seats vacant, PDP tells INEC

December 8, 2020 Admin5 0

The Peoples Democratic Party has asked the Independent National Electoral Commission to declare all legislative seats occupied by members of the All Progressives Congress vacant. […]

OPEC Seeks Oil Recovery, Continues Production Cut Talks

December 1, 2020 Admin5 0

The Organisation of the Petroleum Exporting Countries will, on Tuesday, continue its discussion on the extension oil production cuts as it set its sights on […]

Despite COVID-19 Harsh Conditions, Banks’ Profits Rise To N677bn

November 30, 2020 Admin5 0

Despite the economic meltdown caused by the COVID-19 pandemic, the nine months 2020 financial results of 12 commercial banks have shown that they recorded a […]

Fed Govt, CBN Point To Results In Economy Recovery Plan

November 30, 2020 Admin5 0

At the backdrop of the slide into the second recession in five years, fiscal and monetary authorities are indicating that efforts are on all fronts […]

India Enters Recession, Worst Among Major Economies

November 27, 2020 Admin5 0

India’s economy contracted 7.5 percent between July and September, performing the poorest among major advanced and emerging economies and entering a technical recession for the […]

Economists fear a “double dip” recession is coming soon

November 27, 2020 Admin 0

The U.S. economy is losing steam as COVID-19 cases continue to spread across the country and Congress delays passing another coronavirus relief package to help […]

Unemployment claims rise for the second week in a row

November 25, 2020 Admin5 0

The number of Americans applying for jobless aid rose for the second week in a row, signaling the economic recovery is losing speed. Roughly 778,000 […]

COVID-19: UK to borrow £394bn to increase doctors’ pay, tackle recession

November 25, 2020 Admin5 0

The United kingdom is set to borrow £394 billion to deal with the economic impact of the coronavirus pandemic. This is the highest ever amount […]

Our Recession Will Be Shortlived – Minister Of Information and Culture, Lai Mohammed

November 25, 2020 Admin 0

Lai Mohammed, The Minister of Information and Culture has said that the government is confident that with the intervention policies, the fiscal and monetary interventions […]

A Tale of two economies, By Stephen S. Roach

November 25, 2020 Admin 0

As financial markets celebrate the coming vaccine-led boom, the confluence of epidemiological and political aftershocks has pushed us back into a quagmire of heightened economic […]

Economic Recession: CBN Retains Key Lending Rates

November 24, 2020 Admin5 0

The Monetary Policy Committee has retained key lending rates at 11.5%. Governor of the Central Bank of Nigeria (CBN) announced this on Tuesday, saying it […]

Recession: PDP wants FG to Allow Free Market Economy

November 23, 2020 Admin5 0

The Peoples Democratic Party(PDP) has advised the Federal Government to permit a free market economy that will allow Nigerians actively participate in the economic space […]

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Recent Updates

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