Economy
It’s always about the economy, stupid…
Nigeria’s Economy Cannot Grow – CBN
Godwin Emefiele, the governor of the Central Bank of Nigeria, CBN, has pointed out that the country’s current economy cannot grow.
Emefiele disclosed that the...
States, FCT Generate N1.31 Trillion As IGR In 2020 – NBS
The 36 states and the Federal Capital Territory, FCT, generated N1.31 trillion as Internally Generated Revenue, IGR, in 2020 compared to N1.33 trillion recorded...
Customs Apapa Command Generates N159.58 Billion
The Nigeria Customs Service, NCS, Apapa Command on Monday, April 12, 2021, disclosed that it generated over N159.58 billion in the First Quarter of...
World Bank Says Nigeria Exited Recession ‘Faster Than They Predicted’
The World Bank has said that Nigeria moved out of recession faster than its forecasts had predicted.
“Following a 6.1 percent year-on-year contraction in 2020...
‘Cryptocurrency Has No Place In Our Monetary System At This Time’ – CBN
Godwin Emefiele, the governor, Central Bank of Nigeria, CBN, says the Bank’s decision to prohibit deposit money banks, non-banking institutions, and other financial institutions...
NSE Gives N17.02 Million Compensation To 49 Investors
The Nigerian Stock Exchange, NSE, on Tuesday, January 19, 2021, said it compensated no fewer than 49 investors who suffered pecuniary losses to dealing...
Nigeria’s Debt Rises To N32.22 Trillion In Q3 – NBS
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...
Naira To Begin Recovery Against Dollar February 2021 – CBN
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...
Africa’s Economy Shrinks By 3.4% Due To COVID-19 – AfDB
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...
Nigeria Enters 2nd Recession In 5 Years
Official figures published on Saturday, November 21, 2020, by the National Bureau of Statistics indicates that Nigeria has entered its second recession in five...
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EXPOSED: Bank Documents Show Buhari Funded Adamu Garba’s Crowwe App To Rival Twitter
Peoples Gazette has uncovered how the Buhari administration provided seed capital for Adamu Garba’s Crowwe social media platform, hoping the firm would help the...
