Economy

The President of China, Xi Jinping has pledged increased economic cooperation with Nigeria, saying the country is important to Africa and the world. Jinping in a statement through his Special Envoy, Peng Qinghua, Vice Chairperson, Standing Committee of National People’s Congress who met with Tinubu yesterday at the State House, Abuja said the two countries at present had good bilateral relations and economic cooperation, noting that Chinese companies are doing […]

President of the United States of America Joe Biden and Republican leaders have expressed cautious optimism that a deal to raise the US debt ceiling is within reach, following emergency talks at the White House but House of Representatives Speaker Kevin Mccarthy said the two sides are still far apart. The standoff has forced Biden to cut short a foreign trip because, without a deal, they could enter a disastrous […]

The Nigerians in Diaspora Commission NIDCOM says the Nigerian Embassy in Egypt has successfully moved evacuees from the Sudanese side to the Egyptian side of the Arqeel Border following the ongoing conflict in Sudan. The commission yesterday evening stated further that the students were being prepared for their departure to Abuja through the Aswan Airport in Egypt and it was reported that as of 10:15 pm, Airpeace and the Nigerian […]

President Muhammadu Buhari Has reappointed Abike Dabiri-Erewa for a second term as the Chairman of the Nigerians in Diaspora Commission NIDCOM after she was first named in November 2018. The notice of her reappointment was contained in a letter written by the President to the 9th Assembly requesting the Upper Chamber to confirm her reappointment. Dabiri-Erewa was a member of the House of Representatives representing Ikorodu Federal Constituency in Lagos […]

The Central Bank of Nigeria CBN has scheduled the next Monetary Policy Committee Mpc meeting between Monday and Tuesday next week. In a notice shared yesterday on Twitter, the apex bank said the 290th meeting would be held at the CBN Headquarters in Abuja. The Mpc is the highest policy-making committee of the Central bank with the mandate including to review economic and financial conditions in the economy and determine […]

The Independent Petroleum Marketers Association of Nigeria, IPMAN has called on the Federal Government to make petroleum products available to the masses. The Chairman of Enugu Depot of IPMAN, Chinedu Anyaso, while speaking to newsmen on the high cost of fuel in the South East, explained that a litre of fuel sells for as high as N350 in some petrol stations in Anambra State, while some dispense at N300 which […]