Nigeria’s unemployment rate rose to 14.2 per cent in the fourth quarter of 2016, the National Bureau of Statistics (NBS), has said. Premium Times reports that the bureau disclosed that the rate rose from the 13.9 per cent recorded in the preceding quarter of the year under review. According to
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A former governor of the Central Bank of Nigeria (CBN), Prof Chukwuma Soludo, has revealed how Nigeria’s economy got into recession. He attributed the economic woes facing Nigeria to the wrong choice of economic policies by former president, Goodluck Jonathan. Soludo disclosed this while speaking at an international conference organised by the Department of Business […]
The House of Representatives ad-hoc committee investigating allegedly missing $17 billion crude oil and liquified natural gas revenue, on Monday said it uncovered $15 billion unremitted revenue into Federation Account. The trace of the alleged missing fund believed to have been stolen and diverted to a foreign destination, was contained in the two documents submitted […]
Wife of the President, Aisha Buhari, this morning returned from the United Kingdom, where she went to visit her husband, who is on medical leave in the British capital. According to a statement by Suleiman Haruna, her spokesperson, Mrs. Buhari, on arrival, conveyed the appreciation of President Muhammadu Buhari to Nigerians over their constant prayers […]
The Presidency has declared that with President Muhammadu Buhari’s medical leave in London there is no constitutional crisis in Nigeria. In a statement on Monday, Shehu dismissed an article by a so-called Nigerian historian, Max Siollun, which speculates that Nigeria faces imminent political and constitutional crisis on account of President Buhari’s absence to attend to
Fifty five top government officials and private businessmen illicitly diverted roughly $7.5m (equivalent of N1.35trn at that time) to themselves between 2006 and 2013 at the expense of ordinary Nigerians. The chairman of the Presidential Advisory Committee Against Corruption (PACAC), Itse Sagay, citing a study, disclosed this at the State House in Abuja Monday at […]








