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April 18, 2018 6:55 PM World Bank confirms economic growth in Nigeria

The World Bank on Wednesday said Sub-Saharan Africa’s growth is projected to reach 3.1 percent in 2018, and to average 3.6 percent in 2019–20. This is contained in Africa’s Pulse, a bi-annual analysis of the state of African economies conducted by institution. The report noted that the moderate pace of economic expansion reflects the gradual pick-up 21

April 16, 2018 3:15 AM No to PIGB fuel taxThe Sun News

The Petroleum Industry Governance Bill (PIGB) passed by the National Assembly would have been an excellent piece of legislation that will provide governance and institutional framework for the oil sector, but for the provision of a five per cent fuel tax meant to finance the Petroleum Equalisation Fund (PEF). The fuel tax has raised strong speculation 20

April 6, 2018 1:14 PM Nigeria vs France: Fans to pay up to N9,000 for tickets

Football fans that will be watching Friday night’s friendly between the Super Falcons and their French counterparts, will cough out between €5 (about N2,200) and €20 (about N8,800) for the tickets. Other ticket prices for the game will attract a fee of €10 (about N4,400) and €15 (N6,600), according to The Les Bleues won their only game against 32

April 6, 2018 8:51 AM Gold rises after Trump proposes more tariffs on ChinaThe Sun News

Gold prices rose on Friday as investors sought safer assets after U.S. President Donald Trump proposed 100 billion dollars in new tariffs on China, raising concerns about an escalating trade spat between the United States and China. Spot gold was 0.4 per cent higher at 1,330.78 dollars per ounce as of 0032 GMT, and the U.S. gold futures rose 0.4 per cent to 1,334.10 dollars 19

April 4, 2018 10:47 AM Stop spending so much for car dealers, Awoof Car Auction Service simplifies the process

According to the company, ”We have delivered hundred of vehicles to many people In Lagos, Abuja, Port Harcourt and a lot of states in Nigeria with a reasonable budget. ”A lot of companies and individuals are ready to stand in for us any day, anytime. With over a decade of combined experience, we offer unbeatable prices, unparalleled customer service 23

March 29, 2018 1:28 AM PIGB: National Assembly imposes 5% fuel levy on Nigerians

unexpected twist, the National Assembly, yesterday, passed the harmonised version of the Petroleum Industry Governance Bill (PIGB) and imposed a five per cent fuel levy on fuel sold to Nigerians across the country. According to lawmakers, the five per cent would be used to finance the Petroleum Equalisation Fund (PEF), as established under the bill. Section 18

March 21, 2018 3:36 PM Fans To Pay Up To N22k To Watch Poland Vs Super Eagles Friendly

Football fans expected to be at the the Municipal Stadium in Wroclaw on Friday to watch the Super Eagles take on Poland will pay between $55 (about N19,800) and $63 (N22,680) for the tickets. Other ticket prices for the game go for $56 (about N20,160), $57 (N20,520) and $58 (20,880) respectively according to The game is Nigeria’s first in 2018 ahead 29

March 15, 2018 4:47 PM Prices Of Rice And Tomatoes Depreciates, Yam Increases

The National Bureau of Statistics has reported that average price of one kilogramme of yam tuber increased year-on-year by 7.10 per cent in February. The NBS disclosed this in a Selected Food Price Watch Data for February published on its website. The bureau said that one kg of yam also increased by 1.92 per cent month-on-month from N226.51 in January 19

March 8, 2018 9:20 AM Nigeria Exits Recession And Looks Beyond Oil

Nigeria’s economy is picking up according to the IMF’s latest economic review. Growth hit 0.8 percent in 2017 after contracting by 1.6 percent in 2016. The report attributes the increase—in part—to the recent recovery in oil prices. But as the country emerges from recession, the IMF’s Amine Mati says following through on planned reforms regardless of oil price 20

March 7, 2018 2:45 PM Coca-Cola to launch an alcoholic ‘Chu-Hi’ drink

The alcoholic drink will mark a stark break from the Coca-Cola company’s 130-year tradition of releasing soft drinks. ‘We haven’t experimented in the low alcohol category before, but it’s an example of how we continue to explore opportunities outside our core areas,’ he added. The move comes amid a difficult time for the soda industry. In 2016, soda consumption 38