Economy
It’s always about the economy, stupid…
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...
Nigeria’s Importation From China Hits N1.26 Trillion In Q2 – NBS
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...
Possible Effects The 2020 US Election May Have On the Housing Market
The pandemic, the civil unrest and the upcoming election has made 2020 a stressful and chaotic year for everyone. The economy, for the most...
JUST IN: Nigeria’s Inflation Rises To 13.7 Percent
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...
Debt Burden Of Least Developed Countries Hit A Record $744 Billion In 2019 – IMF
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...
Why Nigeria’s Fashion Industry Is Underrated – Lai Mohammed
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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Court Dismisses EFCC’s Money Laundering Suit Against Atiku’s Lawyer
A Federal High Court in Lagos on Monday, January 25, 2021, has dismissed a $2million money laundering charge filed by the Economic and Financial...
