Tag archive for ‘Economy’
By admin On Sunday, May 7th, 2017

Buhari’s Failing Health: Nigerian Economy, Governance Under Siege

LAGOS MAY 7TH (URHOBOTODAY)-The prolonged ailing condition of President Muhammadu Buhari is causing anxious moments for Nigerians with the attendant consequences on governance and the economy. The uncertainties More...

By admin On Sunday, February 5th, 2017

#IStandWithNigeria Rally Must Hold On Monday Without Tuface- Group Insists

LAGOS FEBRUARY 5TH (URHOBOTODAY)-Just as at when Nigerians were giving up about the proposed national protest because of Tuface Idibia withdrawal, Group under the aegis of Coalition in Defence of Nigerian Democracy More...

By admin On Monday, January 16th, 2017

Fighting Nigeria Economy Recession With Borrowing, Budgeting

Director Debt Management Office, Dr Abraham Nwankwo LAGOS JANUARY 16TH (URHOBOTODAY)-The Federal Government has unveiled a three-year Debt Management Strategy (DMS) in a bid to rejuvenate the economy and fund the More...

By admin On Monday, December 26th, 2016

Attack On Oil Facilities: Buhari Begs N’Delta Militants For Negotiation

Buhari LAGOS DECEMBER 26TH (URHOBOTODAY)-President Muhammadu Buhari on Sunday appealed to the Niger Delta militants destroying oil installations in the region to sheath their swords and come for negotiation with More...

By admin On Saturday, November 19th, 2016

Nigerian Gamblers Ignore EFCC, Invest Billion in MMM Ponzi Scheme

LAGOS NOVEMBER 19TH (URHOBOTODAY)-Fallen on difficult times amid the country’s first recession in decades, millions of Nigerians have turned to Mavrodi Mondial Moneybox (MMM), a Ponzi scheme with roots in Russia, More...

By admin On Monday, November 14th, 2016

Okowa’s Aide, Nmalagu Calls on Niger Delta Militants to Reconsider their Actions

Delta State Governor, Dr Ifeanyi Okowa LAGOS NOVEMBER 14TH (URHOBOTODAY)-The various militant groups operating in the Niger Delta region in the guise of fighting for the emancipation of the Niger Delta people has More...

By admin On Wednesday, September 21st, 2016

We are Making Steady Progress Towards Resolving N’Delta Problem, Buhari Assures Obama

Buhari and Obama LAGOS SEPTEMBER 21ST (URHOBOTODAY)-President Muhammadu Buhari Tuesday assured Barack Obama, the American President, that Nigeria was making steady progress towards resolving the Niger Delta region More...

By admin On Sunday, August 28th, 2016

Premium Steel Acquisition of DSC: Another Step in a Wrong Direction

By Justice Iyasere LAGOS AUGUST 28TH (URHOBOTODAY)-When the then Delta Steel Company, an integrated steel complex located in Ovwian-Aladja, Delta State was established and commissioned in 1982, it was designed More...

By admin On Wednesday, August 24th, 2016

Shippers Council’s Boss, Counsels Maritime Journalists Assn. on Influencing the Economy

MAJAN EXCO in grop picture with President of the Lagos Shippers Council Association, Rev. Jonathan Nicole LAGOS AUGUST 24TH (URHOBOTODAY)-President of the Lagos Shippers Council Association, Rev. Jonathan Nicole More...

By admin On Friday, July 8th, 2016

Eid-el-Fitri Extended Holiday Costs Nigeria $1.88 bn – Abuja Chamber

Mr. Tony Ejinkeonye, President of Abuja Chamber of Commerce and Industry (ACCI) LAGOS JULY 8TH (URHOBOTODAY)-Mr. Tony Ejinkeonye, President of Abuja Chamber of Commerce and Industry (ACCI), has said the extended More...

By admin On Sunday, June 19th, 2016

Warri Residents Protest over Incessant Economic Hardship, Corruption in Delta Government

File Photo LAGOS JUNE 19TH (URHOBOTODAY)-Socio-economic activities were Thursday paralysed in some parts of Warri and its environs in Delta State as hundreds of people marched through the major roads protesting More...

By admin On Thursday, April 28th, 2016

Nigeria Labour Congress Proposes N56,000 Minimum Wage for Workers

LAGOS APRIL 28TH (URHOBOTODAY)-The Nigeria Labour Congress has proposed a new minimum wage of N56,000 to the Federal Government. The President of the NLC, Mr. Ayuba Wabba, said this while speaking with journalists More...

By admin On Sunday, March 13th, 2016

Blackout: Nigerians Reject Buhari’s Apology

Buhari LAGOS MARCH 13TH (URHOBOTODAY)-Nigerians have rejected the Federal Government’s apology for the deplorable supply of electricity and fuel across the country. A consistent decline in the nation’s electricity More...

By admin On Wednesday, February 24th, 2016

Ecobank Sacks 50 Top Managers over Economic Hardship

LAGOS FEBRUARY 24TH (URHOBOTODAY)-Ecobank Nigeria Plc has sacked 50 top managers of the bank as it struggles to stay afloat in the midst of biting economic hardship in Nigeria. It was gathered that the rank of More...

By admin On Tuesday, February 23rd, 2016

Ifeanyi Ubah Begs Buhari for Consultancy Job

Ifeanyi Ubah LAGOS FEBRUARY 23RD (URHOBOTODAY)-The Managing Director of Capital Oil and Gas, Dr. Ifeanyi Ubah, on Tuesday, followed up his claim to a magic wand that would firm the Naira to an exchange rate of N200=$1 More...

By admin On Monday, February 22nd, 2016

Ifeanyi Ubah Vows to Restore Naira to N200/ $ Within a Month If…….

Ifeanyi Ubah LAGOS FEBRUARY 22ND (URHOBOTODAY)-As the nation’s currency exchanges at N400 to the US dollar on Sunday, Billionaire business mogul has said that if the Buhari-led federal government consults him, More...

By admin On Wednesday, February 17th, 2016

Nigeria Struggles as Buhari Wrangles with Budget, Naira

Muhammau Bbuhari LAGOS FEBRUARY 17TH (URHOBOTODAY)-When Nigerian President Muhammadu Buhari finally swore in his cabinet in November, nearly six months after taking office, he hoped to shake off his nickname “Baba More...

By admin On Monday, February 15th, 2016

Buhari’s Budget Riddled With Errors Puts Graft War in Doubt

Buhari LAGOS FEBRUARY 15TH (URHOBOTODAY)-Nigerian President Muhammadu Buhari’s 2016 budget proposals are riddled with errors and provisions that may undermine his anti-graft war, civic groups say. In some instances, More...

By admin On Saturday, January 30th, 2016

Buhari: Learing from the Past and Fall of Naira

Buhari President Muhammadu Buhari is repeating an economic error he made as dictator 30 years ago “GIVE me lucky generals,” Napoleon is supposed to have said, preferring them to talented ones. Muhammadu Buhari, More...

By admin On Tuesday, December 15th, 2015

Book on Problems, Solutions of Nigeria Economy for Launch

Director-General-of-the-DMO-Mr.-Abraham-Nwankwo LAGOS DECEMBER 15TH (URHOBOTODAY)-The book, Stable Growth and Foreign Exchange by Abraham Nwankwo, is one that should be embraced by all who want to hear the truth More...

By admin On Friday, October 30th, 2015

Nigeria’s Economy Defying Currency Critics Chokes Growth

LAGOS OCOBER 30TH (URHOBOTODAY)-Nigeria’s economy is growing at the slowest pace this decade as oil prices drop. Companies are complaining they can’t get the dollars they need to do business. And trading in More...

By admin On Wednesday, September 16th, 2015

Buhari Rules Out Further Devaluation of Naira, Says its Unhealthy for the Economy

Buhari LAGOS SEPTEMBER 16TH (URHOBOTODAY)-President Muhammadu Buhari on Wednesday ruled out further devaluation of the naira, saying it is unhealthy for the economy to devalue the currency further. Nigeria has been More...

By admin On Tuesday, September 15th, 2015

France Pledges Military Equipment to Fight Boko Haram

French President François Hollande with President Muhammadu Buhari LAGOS SEPTEMBER 15TH (URHOBOTODAY)-French President François Hollande has pledged to assist the Multinational Joint Task Force (MJTF) with intelligence More...

By admin On Sunday, September 13th, 2015

Buhari Visits France on Monday, to Confer With Hollande on Security, Economic Relations

Buhari LAGOS SEPTEMBER 13TH (President Muhammadu Buhari will leave Abuja for Paris tomorrow, Monday, September 14, 2015 to begin a three-day official visit to France at the invitation of President Francois Hollande. President More...

By admin On Tuesday, July 28th, 2015

How Commencement of Oil Production in Warri Refinery Reduce Importation of Fuel

LAGOS JULY 28TH (URHOBTODAY)-The Federal Government has expressed readiness to scale down the importation of refined petroleum products following the anticipated bridging of demand gap in local consumption with More...