Economy

Economy

It’s always about the economy, stupid…
noisy area Lagos Nigeria Lagos Market

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More Nigerians have abandoned their bank accounts majorly due to economic hardship caused by sluggish economic growth, rising job losses and reduction in purchasing...
Senator Udoma Udo Udoma Minister of Budget and National Planning

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To finance its fiscal and infrastructure deficits owing to paucity of funds, the Federal Government had borrowed about N1.16 trillion from the equities market...
Godwin Emefiele, CBN, Skye Bank, Shehu Mikail, Boniface Okezie

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The Central Bank of Nigeria, CBN, was recently forced to intervene in the interbank foreign exchange market, providing additional fiscal stimulus to the tune of $210...
recycle reuse reduce recycling

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A large majority of things we deal with in our everyday lives are made from plastic. It’s convenient, not expensive to produce and not...
Digital trading nigeria

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The past twelve months have been rather interesting for the forex market in Nigeria. Over the course of the year, various changes have taken...
The Trent crude oil

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Oil prices fell along with weak stock markets on Thursday, December 6, 2018, but trading was tepid ahead of a meeting by the Organisation...
World Bank President Jim Yong Kim

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The World Bank has said that Nigeria’s Gross Domestic Product, GDP, growth is expected to hover slightly below two per cent in 2018, largely...
Ibe Kachikwu, Idang Alibi, UNN

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Ibe Kachikwu, the minister of state for petroleum resources, has said there are strong indications that three out of the 40 planned modular refineries...
Godwin Emefiele, CBN, Skye Bank, Shehu Mikail, Boniface Okezie

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The Central Bank of Nigeria, CBN, says 22 withdrawals totalling $3.12 billion were made from the Nigerian Liquefied Natural Gas, NLNG, dividends account domiciled...
The Trent crude oil

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Oil prices slumped on Friday, November 23, 2018, to lows not seen since last year as concerns over high crude supplies triggered massive selling,...

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President Muhammadu Buhari delivering his speech at the Peace Forum in France

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President Muhammadu Buhari gave a national broadcast on Friday, February, 22, 2019 on the eve of the national elections of Saturday. Dear Nigerians, Finally, we have...
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