• RECESSION: CBN attacked Sanusi, claiming its former boss were behind economic crisis

    RECESSION: CBN attacked Sanusi, claiming its former boss were behind economic crisis

    The Central Bank of Nigeria on Saturday blamed past political office holders who failed to take steps to save the country for Nigeria’s present economic woes.

    The CBN said this in reaction to the several accusations of the Emir of Kano, Alhaji Muhammadu Sanusi II, on the state and handling of the economy.

    Chief among the accusations by Sanusi, a former Governor of the CBN, was that there are five exchange rates in the country.

    The CBN said it does not allocate dollars […]

  • Economics Recession: NYSC asks for subsidized feeding of Corps members

    Economics Recession: NYSC asks for subsidized feeding of Corps members

    The Enugu State Command of the National Youth Service Corps (NYSC), has asked the state government to subsidize the feeding of the Corps members, because of the increase in their population.

    This plea was made by Mrs. Nwano Ukagha, who is the Enugu State Coordinator of the NYSC, during the swearing-in ceremony of the 2016 Batch B Corps members at the State Orientation Camp in Awgu, Enugu State on Monday.

    Ukagha said that despite all the support the state had been giving […]

  • Recession will not last – Buhari assures Nigerians

    Recession will not last – Buhari assures Nigerians

    President Muhammadu Buhari has said that his administration is trying to do the right things in addressing the economic recession.

    The president made the statement in a nationwide broadcast to mark the country’s 56th Independence Anniversary on Saturday.

    Buhari, who acknowledged that recession for many individuals and families was real, gave an assurance that the situation would not last long,

    He commended all Nigerians for making “incredible sacrifices.’’

    “I know that uppermost in your minds today is the economic crisis. The recession for many […]

  • Economy will take time to improve – Atiku

    Economy will take time to improve – Atiku

    Former Vice President, Alhaji Atiku Abubakar, has stated that the present economic hardship would take time to be overcome.

    The former Vice President stated this yesterday in a message for the Muslim Eid el-Kabir celebration.

    In a statement from his Media Office in Abuja, the former Vice President, however, expressed the view that considering how challenging basic survival has become, this is the time for all Nigerians without exception, to invoke the spirit of brotherhood and communal fraternity to beat the reality […]