Tag: ECONOMIC RECESSION
Kano governor disburses N1bn interest-free loans to farmers
Kano State Governor, Abdullahi Ganduje, on Tuesday disbursed N1billion interest-free loans under the Commercial Agricultural Credit Scheme (CACS), to 517 farmers associations, comprising about...
Emirates mulls cutting African flights as Nigeria owes airline $680m
Persian Gulf airline Emirates said it could scrap flights to African locations as economies falter following the oil-price collapse and governments withhold ticket revenues...
Femi Otedola no longer a billionaire – Forbes
With a fortune now pegged at $550 million, Chairman of Forte Oil Plc, Femi Otedola, has fallen out of the ranking of Africa’s billionaires...
Recession is no respecter of religion, tribe, political party – Ambode
Lagos State Governor, Akinwunmi Ambode, on Friday said that Nigeria’s present economic situation urgently requires its elected leaders to rise above their personal differences...
Group backs FG, CBN to revive economy
A coalition of civil society groups, under the auspices of Vanguard for Social Justice (VSJ), has supported the policies of the Central Bank of...
How NFF became broke
The Nigeria Football Federation (NFF) is going through its worst financial crisis since its creation in 1945.
Sport commentators believe this came about as a...
Buhari puts two presidential jets up for sale
Two of the 10 jets in the presidential fleet have been put up for sale as part of a drive to cut costs, Senior...
Independence: Buhari will steer Nigeria to greatness – Tambuwal
Sokoto State Governor, Aminu Tambuwal, has said despite present economic challenges, Nigeria would attain greatness with President Muhammadu Buhari at the helm of affairs.
"The...
Economy in the right hands with Adeosun – Obasanjo
Former President Olusegun Obasanjo on Tuesday lauded the efforts of the Minister of Finance, Kemi Adeosun, in steering the economy during such a difficult...
Why Nkem Owoh, Saka, Zango survived MTN sack
Nigerian actors Nkem Owoh, Hafiz Oyetoro (Saka) and Adamu Zango survived the recent sack of MTN ambassadors because of regional consideration, Qed.ng has learned.
The...