Economy
It’s always about the economy, stupid…
Buhari Government Set To Borrow Another $1 Billion From World Bank
Zainab Ahmed, the minister of finance, has disclosed that the federal has commenced discussion with the World Bank with a view to take a...
‘Provide Alternative Financing To China Loans’ – Elumelu Tells IMF
Tony Elumelu, the chairman of Heir Holdings, on Friday, April 12, 2019, asked the International Monetary Fund, IMF, to provide other alternatives followings its...
10,000 Feet Deep And Still No Oil, NNPC Gives Update On Oil Exploration In Bauchi
Group Managing Director of the Nigeria National Petroluem Corporation (NNPC), Dr. Maikanti Baru has stated exploration in Northern Nigeria will continue despite having gone...
Nigerian Gov’t Revenue Dips By N64 Billion, N610 Billion Federal Revenue Shared For January
This was disclosed shortly after the end of the Federation Account Allocation Committee meeting held on Wednesday, February 27, 2019 at the headquarters of...
Under Buhari: Fraud Levels In Nigerian Banks Climbs To N25 Billion In 5 Years
Victoria Enape, the pro-tem president Chartered Institute of Forensic and Investigative Auditors of Nigeria, CIFIAN, has said that fraud volume in Nigerian banks increased...
Bad News: Nigerian Stock Market Loses N196 Billion In Reaction To Buhari’s Re-election
Trading on the Nigerian Stock Exchange, NSE, on Thursday, February 28, 2019 continued to react negatively to the outcome of the presidential election with...
Buhari Victory: Nigerian Stock Market Loses N85 Billion In 6 Hours
The market capitalisation of listed equities on Tuesday, February 26, 2019 shed N85 billion in six hours of trading to what traders attributed to...
Hardship Under Buhari: 47 Million Bank Accounts Abandoned By Owners In Nigeria
More Nigerians have abandoned their bank accounts majorly due to economic hardship caused by sluggish economic growth, rising job losses and reduction in purchasing...
Buhari Government Borrows N1.16 Trillion From Equity Market
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...
Nigeria’s Central Bank Provides Fiscal Stimulus For Forex Market
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...
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Spirit And Life Devotional: Stay In Christ
Spirit and Life Devotional is a daily publication by Pastor Chinaemerem Ibezim, senior pastor of Able Ministers Chapel, a church based in Calabar, Cross...
