Unemployment: FG To Disburse N25bn On Agribusiness

As part of fulfilling its campaign promises of the Buhari lead administration on unemployment, Poverty, Hunger and youth restiveness in the country, the federal government has finalized plan to disburse N25billion to Nigerians through The National Directorate of Employment (NDE) and the Central bank of Nigeria (CBN) agribusiness loans scheme.

 The Debt Management Office, DMO has revealed the reason why the Federal Government borrowed over N2.32tn in 2017. The DMO in its 2017 Annual Report obtained in Abuja on Monday said the total amount was borrowed from both the domestic and the foreign debt markets.

N7BN Spent To Beef Up Security In Unity Schools - FG

The Minister of Education, Mallam Adamu Adamu said over N7 Billion was spent by the Federal Government to boost the security for 108 unity schools between 2017 and 2018. Adamu made the assertion yesterday in Abuja, while addressing the media on policies, programmes and other Government activities in the education sector.

Teleology Holdings Finally Takes Over Ownership of 9Mobile

Following approval from the Nigeria Communications Commission (NCC) Teleology has formally taken over control of Nigeria’s troubled telecommunication company, 9mobile. 

Oil Plunges Nearly 8 Percent Despite Talk Of Output Cut

BOSTON Reuters reported that Oil prices slumped up to nearly 8 percent to the lowest in more than a year on Friday, posting the seventh consecutive weekly loss, amid intensifying fears of a supply glut even as major producers consider cutting output. Oil supply, led by U.S. producers, is growing faster than demand and to prevent a build-up of unused fuel such as the one that emerged in 2015, the Organization of the Petroleum Exporting Countries is expected to start trimming output after a meeting on Dec. 6.

The Senator representing Kaduna Central Senatorial District, Shehu Sani has thrown his weight behind the refusal by President Muhammadu Buhari to sign the African Free Trade Agreement, (AFCTA).  His position is coming barely a day after former President Olusegun Obasanjo, berated President Buhari over his refusal to sign the Agreement.

Global Economy Slowing Down In 2019

ECONOMIC growth will decelerate across advanced and emerging market economies, according to Moody’s research released yesterday.

Nigeria's Economy Safe Under President Buhari – Sen. Udoma

The Minister of Budget and Planning, Senator Udo Udoma has assured Nigerians that the nation's economy was safe under President Muhammadu Buhari, stressing that the positive trends recorded in the country’s economic indicators since the launch of the Economic Recovery and Growth Plan (ERGP) indicated that the plan was working.

The Chairman of Special Presidential Investigation Panel for Recovery of Public Property, SPIPRPP, Chief Okoi Obono-Obla on Monday said the governorship candidate of the All Progressives Congress, APC, in Imo State, Senator Hope Uzodinma was granted administrative bail after he developed high blood pressure in detention.

Bitcoin Headed For Big Breakout, Tom Lee Stands Firmly On Prediction

Managing partner and the Head of Research at Fundstrat Global Advisors still isn't ruling out his end-of-year Bitcoin price prediction of $25,000.

Earlier in the year, Lee declared that Bitcoin would reach $20,000 by the middle of the year before ending 2018 on a high note by setting a new record high. With the first half of the prediction looking unattainable, the Fundstrat analyst is refusing to back down.