Economy

Economy

It’s always about the economy, stupid…
Nigerian Market Nigerian Open Market economy Lagos

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The Nigerian Stock Exchange, NSE, on Tuesday, January 19, 2021, said it compensated no fewer than 49 investors who suffered pecuniary losses to dealing...
Debt, Nigeria, Foreign

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The National Bureau of Statistics, NBS, has said as at Third Quarter (Q3) 2020, Nigeria’s total debt stood at N32.22 trillion. The NBS In a...
Godwin Emefiele, CBN, Skye Bank, Shehu Mikail, Boniface Okezie

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The Central Bank of Nigeria, CBN, has said the naira will begin recovery against the dollar and other global currencies from February 2021. This was...
Akinwumi Adesina, president of the African Development Bank Group

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Akinwumi Adesina, the president of African Development Bank, AfDB, has said Africa’s economic growth this year will decline by 3.4%, because of the challenges...

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Official figures published on Saturday, November 21, 2020, by the National Bureau of Statistics indicates that Nigeria has entered its second recession in five...
Xi Jinping, Muhammadu Buhari

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The National Bureau of Statistics, NBS, has revealed that a total of 31.41 percent or N1.26 trillion of goods imported into Nigeria in the...
housing market, election

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The pandemic, the civil unrest and the upcoming election has made 2020 a stressful and chaotic year for everyone. The economy, for the most...
INFLATION

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Nigerian inflation has continued on a rising trend, increasing by 13.71 percent (year-on-year) in September 2020. A monthly report released by the National Bureau of...
IMF Managing Director, Kristalina Georgieva

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The total external debt for the Debt Service Suspension Initiative, DSSI, countries climbed 9.5% to a record $744 billion in 2019 from the previous...
Lai Mohammed, Fresh, List, Looters, PDP, APC, Buhari, Government, Corruption, covid-19

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Lai Mohammed, the minister of information and culture, says in spite of annual revenue of about N2 trillion, the fashion industry in Nigeria is...

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online betting industry, sports betting console

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People from all over the world love to bet on sports. The online betting industry has exploded in popularity in the last couple of...

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Kolapo Olusola, Kayode Fayemi, Asuquo Amba, Caleb Ikechukwu, kogi, offa COURT bail

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A Federal High Court in Lagos on Monday, January 25, 2021, has dismissed a $2million money laundering charge filed by the Economic and Financial...
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