Economy

Strike: Nigeria Loses N149bn In A Day

Nigeria possibly lost around N148.8 billion on Monday in oil revenue due to Organised Labour's industrial action, which was held…

4 months ago

Tinubu’s One Year: The Economic Indices

As President Bola Ahmed Tinubu completes his first year in office, the economic landscape of Nigeria has seen substantial shifts…

4 months ago

Heritage Bank: NDIC Begins Liquidation Process After CBN’s Licence Revocation

....Assures Depositors Of Repayment After Asset Recovery The Nigeria Deposit Insurance Corporation (NDIC), has commenced the liquidation of Heritage Bank…

4 months ago

CBN Revokes License Of Heritage Bank

The Central Bank of Nigeria (CBN) has revoked the banking licence of Heritage Bank Plc with immediate effective. Osun Defender…

4 months ago

Manufacturer To Shutdown $100m Investment In Nigeria After Two Years

Kimberly-Clark will soon shut down its Ikorodu production facility due to economic challenges despite a $100 million investment two years…

4 months ago

Why Tomatoes Are Scarce, Costly – FG

The Minister of Agriculture and Food Security, Abubakar Kyari, on Tuesday, disclosed that the reason for the scarcity of tomatoes…

4 months ago

CBN Increases Interest Rate To 26.25%

The Monetary Policy Rate has been increased by 150 basis points to 26.25 percent from 24.75 percent. This was revealed…

5 months ago

I Need 35 Visas To Travel Within Africa But French Investors Don’t – Dangote Laments

Aliko Dangote, Africa’s richest person has lamented difficulties faced by investors travelling across the African continent. Speaking recently at the…

5 months ago

Irregular Rainfall Threatens Farmers’ Bumper Harvest, As Crops Develop Stunted Growth Over Inadequate Water

Irregular rainfall is adversely affecting the growth and plantation of arable crops in Osun State, findings have revealed. OSUN DEFENDER…

5 months ago

Foreign Missions Violating Dollar Transaction Guidelines – EFCC

Some third-party agents working for foreign missions have been accused by the Economic and Financial Crimes Commission (EFCC) of circumventing…

5 months ago

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