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Nigeria’s 4.1% unemployment rate misleading, does not reflect economic reality – Experts

Some Nigerian economists are not convinced with the latest unemployment data released by the National Bureau of Statistics, especially the part which said unemployment...
Business

‘Tinubu appointed Keyamo as Aviation Minister to disgrace him’ – Rafsanjani

Executive Director of the Civil Society Legislative Advocacy Centre (CISLAC), Auwal Rafsanjani, has said that the Aviation Ministry needs a minister with stable mind. Rafsanjani,...
Business

Update your prepaid meter now or it will become inoperative, NERC warns Nigerians

Users of prepaid meters across the country have been urged to upgrade their meters or they seize to be operative from November 24, 2024. This...
Business

Exchange rate falls to N900/$1 as operators ask ‘where is the secure 3.5 billion dollar?

The exchange rate between the naira and the dollar plummeted to N900/$1 on the black market, based on quotes received by Nairametrics late on...
Business

I have more energy to increase Nigeria’s Oil Production, Lokpobiri assures stakeholders

The Minister of State, (Oil) Petroleum Resources, Senator Heineken Lokpobiri has assured stakeholders that Nigeria will witness an increase in oil production on a...
Business

‘It will not be business as usual’—Trade Minister tells permanent secretary, directors

The Minister of Industry, Trade and Investment (FMITI), Doris Uzoka-Anite has told Permanent Secretaries and Directors in her ministry that it is no longer...
Business

Nigeria’s economy will be weaker, inflation to hit 28%, naira to further depreciate – JP Morgan

JPMorgan Chase & Co. has projected that the Nigerian inflation rate will spike to 28 per cent by the end of 2023 and the...
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