Business

The House of Representatives has resolved to set up an investigation committee to look into all extant China/Nigeria loan agreements since 2000 with a view to ascertaining their viability, regularising and renegotiating them.

Zero petrol subsidy to save country $2bn yearly Peter Uzoho with agency As Nigeria anxiously expects oil prices to rise to a comfortable position and boost the country’s confidence to recover from the current shock, analysts have warned that such anticipated rise would instead present grave political risks to the country. The collapse in oil […]

…Proposes 4 ways to mitigate economic impact

There is a lot of talk about how brands have been responding to the COVID-19 pandemic. Usually, brands have either responded by creating solutions for health care/essential workers or for the audience that stay at home.

…shelves planned external borrowings in 2020 budget …Senate approves N850bn bond issuance for FG

Oil is almost selling for free because of the coronavirus pandemic. If you are Nigerian, this is how this global predicament affects you. Oil producers are now basically paying buyers to take the commodity off their hands because there’s nowhere to store the excess oil that is still being pumped A production cut deal reached between Russia, […]