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archiveNovember 30, 2016

ECONOMYTOP STORY

Adjustment of interest rate may not yield results -Experts

By Niyi Jacobs Some financial experts in the country have expressed the opinion that despite that traditional monetary policy tools at the moment are less effective; having reached their limits in stimulating investor confidence, hiking interest rate would not buoy foreign investor confidence in returning to the Nigerian market. According...
NEWSTOP STORY

Bayelsa stops sponsorship of pilgrimage

...Inaugurates State pilgrims board Governor Seriake Dickson of Bayelsa State has said his administration would no longer support the practice of state sponsorship of pilgrims, who want to fulfil the religious obligation of visiting their respective holy lands. The Governor, who made this position clear, while inaugurating a 10-member Pilgrims...
ECONOMYTOP STORY

Lagos budgets N813bn for 2017

Governor Akinwunmi Ambode of Lagos State has presented the 2017 budget proposal of N813 billion to the state House of Assembly, emphasising that his administration will continue with infrastructural renewal of the state. Ambode, who called the budget ‘The Golden Jubilee Budget,’ as it coincided with the state’s 50th Anniversary,...
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