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Economics at pmnewsnigeria.com

Saturday, Feb 21

22

Alleged $1m Theft: Peter admits being co-signatory to P-Square company account

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Peter made the admission at the resume hearing of the trial of Jude by the Economic and Financial Crimes Commission, EFCC, over an alleged $1m theft.

Dangote’s new plan that could turn Nigerians into oil investors

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Dangote made the disclosure on Saturday while addressing journalists during a tour of the facility by the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Bayo Ojulari, accompanied by members of the…

19

Trump raises Global Tariffs to 15% after Supreme Court Setback

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In a post on Truth Social, Trump said the new levy would replace the previously proposed 10% blanket tariff and would take effect “immediately”.

18

FG’s revenue reform wins praise from petroleum retailers

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The Executive Order directs that all oil and gas revenues due to the Federation, including royalty oil, tax oil, profit oil, and profit gas, be paid directly into the Federation Account

15

World Bank set to approve $500m Agriculture loan for Nigeria

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June 30, 2025, Nigeria’s total external debt stood at $46.98 billion. Out of this, the World Bank Group accounted for $19.39 billion, which includes $18.04 billion from IDA and $1.35 billion from the International Bank for Reconstruction…

11

FCT Area Council election begins

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Speaking at a high-level stakeholders’ forum in Abuja, Prof. Joash Amupitan, SAN, said over 1.6 million registered voters will vote across 2,822 polling units, with 570 candidates contesting 68 seats.

Monday, Sep 4

18

Breaking: Edo election tribunal affirms Rep Leader, Ihonvbere’s election

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Ihonvbere contested for the Owan Federal Constituency on the platform of the All Progressives Congress (APC), against candidate of the Peoples Democratic Party (PDP), Jimoh Ijegbai.

15

NLC to advocate health insurance scheme for retirees

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By Esenvosa Izah The Nigeria Labour Congress (NLC) said it will continue to campaign for the inclusion of retirees from both the private and public sectors in the National Health Insurance Scheme (NHIS). Its Assistant General Secretary, Mr…

10

Tinubu leaves for G20 summit in India today

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On the sidelines of the Summit, Tinubu will deliver keynote addresses at both the Nigeria-India Presidential Roundtable and the Nigeria-India Business Conference.

Sunday, Sep 3

19

Tinubu flies out to India Monday for G-20 Leaders’ Summit

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Ngelale stated that the President's itinerary would also feature bilateral meetings with a cross-section of world leaders from four different continents, representing both G-20 and non–G20 countries.

17

Video: A time is coming when Naira will be stronger than Dollar, Adeboye predicts

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Adeboye said he knew the worshippers did not believe him, but he said if the God he serves is still on the throne, those days the Naira was stronger than the Dollar would return.

16

France to ban disposable e-cigarettes

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French Prime Minister Elisabeth Borne has unveiled plans to prohibit disposable electronic cigarettes, emphasising the importance of this decision for public health. She announced this during an interview on the RTL radio station this…

13

No bias in award of contracts, says NMDC boss

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By Peter Amine Prof. Linus Asuquo, Director General, National Metallurgical Development Centre (NMDC), says he followed due process in the award and execution of contracts. Asuquo was reacting to a petition signed by 54 members of staff of…

09

Nigerian investors to enjoy Indonesia’s golden visa

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Individual investors must establish a $2.5 million corporation for the five-year visa, while a $5 million investment is necessary for the 10-year visa.

Saturday, Sep 2

08

Kazakhstan plans referendum on nuclear power plant

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It has identified a planned location for the facility in the southeastern Almaty region and mentioned Russia's Rosatom as a potential partner.

01

Proud Boys leader Nordean who supported Trump, jailed 18 years for Capitol invasion

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A statement by Trump, falsely claiming that he won the presidential election of November 2020 and was fraudulently denied his victory, led to the invasion of Capitol on 6 January, 2021.

Friday, Sep 1

22

GTCO, Fidelity, Stanbic post bumper profits in H1

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Like GTCO, Stanbic IBTC also grew its revenue by 58.18 percent to hit N213.334 billion. Pre-tax profits rose by 107.58%, reaching N82.985 billion in June.

20

ICPC probes Reps Committee over alleged bribery, extortion

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According to her, the probe of members of the ad-hoc committee followed petitions received from Premium Times and Hon. Yusuf Adamu Gagdi, the Chairman of the Committee.

18

How is the 5G rollout going in Nigeria?

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In the realm of digital evolution, where speed and connectivity reign supreme, Nigeria is poised to make its mark with the rollout of 5G – the fifth generation of wireless technology.

17

Fuel demand down by 30%, says NNPC GMD Kyari

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Fuel demand has declined by 30 percent since President Bola Ahmed Tinubu announced the removal of fuel subsidies in May. Malam Mele Kyari, the Group Managing Director (GMD) of the Nigerian National Petroleum Company Limited (NNPCL),…

14

BREAKING: NLC announces 2-day warning strike over fuel subsidy removal

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Joe Ajaero, the President on the NLC announced the decision of the union to go on strike at a press conference at the Labour House in Abuja.

13

Chinese Yuan gains against U.S Dollar

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In China’s spot foreign exchange market, the yuan is allowed to rise or fall by two percent from the central parity rate each trading day.

03

Exclusive: Tinubu appoints PDP members into NDDC board, Ondo appointee once abused him

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When members of the new board and management were announced on Tuesday, Onochie was conspicuously missing, while Ogbuku survived the Tinubu axe. Another survivor was Senator Dimaro Denyanbofa who represented Bayelsa.

01

I sold ‘Aboniki,’ face towels in traffic – Actor Yemi Elesho

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Interestingly, Yemi Elesho admitted that his current status as a content creator was never part of his initial aspirations. Reflecting on his journey, he remarked, "I sold Aboniki and face towels in the traffic. I sold bread. It was…

Thursday, Aug 31

21

Trump seeks separate trial in Georgia indictment, pleads not guilty

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Fulton County indicted Trump in August on 13 felony counts, including racketeering, for pressuring state officials to reverse his 2020 election loss in the state.

20

Tinubu budgets N50B for rehabilitation of North East, North West

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Shettima spoke today at a meeting at at the State House, Abuja between President Tinubu and Nigeria Supreme Council of Islamic Affairs, led by the Sultan of Sokoto, His Eminence, Muhammad Sa’ad Abubakar III.

Oyo govt seeks World Bank’s support for portable water

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The Oyo State Government has sought assistance from the World Bank in its efforts to provide universal access to safe drinking water and mitigate the effects of climate change. Hon. Elias Adeojo, Executive Chairman of Oyo State Water…

12

Unemployment figures: NBS go explain taya!

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By Abimbola Adelakun Since the National Bureau of Statistics published figures that put the unemployment rate at 4.1 percent, they have faced sweltering criticism. Earlier in April, they announced they were changing the metrics used in…

10

Ecological agency spends N81.2 billion planting 21million trees, mostly dead

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This outrageous spending was uncovered by the House of Representatives Ad hoc Committee investigating the utilisation of ecological funds released to the agency.

Wednesday, Aug 30

21

Court orders Guiliani pay $133K for defaming Georgian election workers

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U.S. District Judge Beryl Howell handed down the default judgment against Giuliani, who at the time served as an attorney for former President Donald Trump.