Economy

Economy

It’s always about the economy, stupid…
cryptocurrency ban, Godwin Emefiele, CBN, Skye Bank, Shehu Mikail, Boniface Okezie nigeria

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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...
Finance, Family, Bank

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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...
Nigeria Customs Services, Muhammed Aliyu, Police, Beret, Customs

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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...
Udoma Udoma, President Muhammadu Buhari, Lukman Otunuga, Eze Onyekpere

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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 ban, Godwin Emefiele, CBN, Skye Bank, Shehu Mikail, Boniface Okezie nigeria

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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...
Nigerian Market Nigerian Open Market economy Lagos

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The Nigerian Stock Exchange, NSE, on Tuesday, January 19, 2021, said it compensated no fewer than 49 investors who suffered pecuniary losses to dealing...
Debt, Nigeria, Foreign

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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...
cryptocurrency ban, Godwin Emefiele, CBN, Skye Bank, Shehu Mikail, Boniface Okezie nigeria

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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...
Akinwumi Adesina, president of the African Development Bank Group

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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...

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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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