Economy
It’s always about the economy, stupid…
Nigerian Gov’t Goes After Aboki FX
The Central Bank of Nigeria, CBN, has retained Monetary Policy Rate, MPR, at 11.5 percent, and the asymmetric corridor of +100/-700 basis points around...
Nigeria’s GDP In 2021 Q2 Is Highest In 6 Years – Buhari
President Muhammadu Buhari says focus on job creation, consistency in policy and innovation stimulated a 5% growth of the economy in the second quarter,...
Petrol Cost More In Benue, Abia, Cross River In June – NBS
The National Bureau of Statistics, NBS, says Premium Motor Spirit, PMS, popularly referred to as petrol, was more costly in Benue, Abia and Cross...
Rail Transport Generates N5.79 Billion From 2019 – NBS
Rail transportation in Nigeria generated N5.79 billion between 2019 and Quarter One of 2021 (Q1, 2021), the National Bureau of Statistics, NBS, has said.
It...
‘Beware Of Debt Distress’ – Okonjo-Iweala, Adesina Warn African Leaders
Ngozi Okonjo-Iweala, the director-general of the World Trade Organisation, WTO, and ex-Minister of Finance; President of the African Development Bank, AfDB, Akinwunmi Adesina; Governor...
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...
MUST READS
5 Concrete Ways To Maximize Customer Intelligence
What is Customer Intelligence and why is improving its performance essential to growth.
For all the business trends that come and go, there are...
LATEST POSTS
Insecurity: 330,000 Nigerians Refugees Residing In Neighbouring Countries – Nigerian Gov’t
Sadiya Umar Farouq, the minister of humanitarian affairs, Disaster Management and Social Development, has disclosed that 330,000 Nigerians refugees are presently residing in neighboring...
