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Economy

AVIAN INFLUENZA RAVAGES A FARM IN EBONYI

Ebonyi State Ministry of Agriculture and Natural Resources has killed and buried about one thousand five hundred birds from a poultry farm in Ugwuachara Layout of Abakaliki where a case of avian influenza was detected. Our Correspondent, Amechi Odoh reports that the Commissioner in-charge of the Ministry, Mr. Uchenna Orji supervised …

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THE NEW DOLLAR TO NAIRA RATE

The Fear of further fall in the value of the naira in the week at the parallel market has been assuaged as the local unit traded below N300 yesterday, far from the N320 per dollar speculated. Specifically, the naira, on the average, traded between N285 and N293 at various locations …

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OIL PRICE FALLS BELOW $28 A BARREL

The oil price has recovered slightly after earlier falling below $28 a barrel, as Opec predicts crude will mount a recovery this year. Brent crude, used as an international benchmark, fell as low as $27.67 a barrel, its lowest since 2003, before recovering to trade at $28.86. The price of …

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LABOUR MATTERS/IMO

 The Organized Labour wants the government and other employers of labour to pay more attention to the welfare of workers to enable them contribute more meaningfully in the development of the nation.The National President Nigeria Labour Congress, Comrade Ayuba Wabba made the call in Owerri during a meeting with the …

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We’ll not devalue the naira – Buhari

President Muhammad Buhari has said that his administration would not support the devaluation of the Naira. Speaking on the Presidential media chat, he explained that the argument by proponents of devaluation of the Country’s currency lack statistics that the decision would address the current economic problems in the Country. President …

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