by Olamide Eyinla It is no longer news that Nigeria’s economy has slid into a recession. By definition, recession is a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters. What this means is that either aspects or all sectors of... Read More

dollars, economy, FG, Forex, inflation, recession, supply, Tax

May 13, 2016

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Ibe Kachikwu has some more explanation for new fuel price

The Minister of State for Petroleum, Ibe Kachikwu, on Thursday, took to his Facebook wall to further explain the new petroleum products supply and pricing framework announced by the federal government on Wednesday. “Unavailability of Forex and Inability to open letter of credit has forced marketers to stop productimportation and imposed over 90% supply on NNPC since... Read More

The News Blog

frame work, Fuel Price, Ibe Kachikwu, Minister, PMS, subsidy, supply

July 30, 2015

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Nigerian Airforce intercepts Boko Haram’s supplies (PHOTOS)

The Nigerian Air Force has intercepted over 4,000 drums and jerry cans of petroleum products and other smuggled items, which were meant for Boko Haram. In a statement released by the Director Public Relations and Information, Nigerian Air Force, Dele Alonge on Wednesday, it said the items, suspected to be supplies meant for BHT, were confiscated from the... Read More

The News Blog

airforce, boko haram, nigeria, supply

December 8, 2013

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Opinion: How to tackle the mirage of uninterrupted power supply in Nigeria

by Abah John Abah With the present set up, the dream of uninterrupted power is still very hazy. A lot is expected from the new owners if their capacity to deliver should not be called to question. They better shape up and turn things around. For almost two years, I have been paying between 5,000... Read More

Abah John Abah, billing system, mirage, NEPA, opinion, PHCN, Power, supply, tackling, uniterrupted, ynaija

Opinion: Can Nigeria actually spend her way out of this recession?

Ibe Kachikwu has some more explanation for new fuel price

Nigerian Airforce intercepts Boko Haram’s supplies (PHOTOS)

Disgusting: This pregnant woman loves eating urine-soaked nappies (PICTURED, WATCH)

Opinion: How to tackle the mirage of uninterrupted power supply in Nigeria

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