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Economy

It’s always about the economy, stupid…

Economy

The Worst Of The Recession Is Over – Emefiele

ThisDay -
As Nigerians grapple with the worst economic crisis to befall the country in more than two decades, the governor of the Central Bank of...
Economy

Nigeria Suffers Naira Shortage Causing Further Crash In Currency Value

Maximus Chukwuka | Staff Reporter -
The inter-bank lending rate in Nigeria rose over night, moving sharply to an average of forty percent (40%) on Friday, September 16 2016, up from...
Economy

Bad News: Standard & Poor Cuts Nigeria’s Credit Rating From B+ To‘B/B’

Maximus Chukwuka | Staff Reporter -
Nigeria's credit rating with Standard & Poor, S&P, has suffered a setback as it went down from the current rating of B+ to B/B. The...
Economy

Recession: Nigeria To Raise $1 Billion In Eurobond Market

Ogala Osoka | Staff Reporter -
Nigeria is set to raise $1 billion in Eurobonds to fund a budget shortage, officials have said on Friday, September 16, 2016. According to ABC, the...
Economy

‘We Need Uncommon Thinking’ – Buhari Says At Emergency Economic Meeting

Ella Ukairo | Tech Reporter -
President Muhammadu Buhari has charged his cabinet ministers and financial experts to think out-of-the-box to develop the most effective strategies for pulling the nation...
Economy

Recession: Buhari Summons Economic Experts To Emergency Meeting

Maximus Chukwuka | Staff Reporter -
As part of measures to address the current economic recession, President Muhammadu Buhari has summoned experts and analysts to an “economic war room” to...
Economy

Avengers: Nigeria Records Biggest Decline In Crude Oil Production

Wires | The Trent -
Crude oil production from Nigeria dropped the most in August among its peers in the Organisation of Petroleum Exporting Countries, paring the gain it...
Economy

Can Nigeria’s Gaming Industry Help Its Lagging Economy?

Felix Ojong | Sports Reporter -
Analysts claim that gamers will generate over $100 billion in revenue for the gaming industry worldwide by the end of 2016. As such, the...
Business

BREAKING: Arik Airlines Suspends Operations Leaving Hundreds Stranded

Ekamma Jacobs | Staff Reporter -
Arik Airline, one of Nigeria's biggest private airlines, suspended its operations on Tuesday, September 13, 2016 leaving hundreds of passengers stranded in airports around...
Economy

Recession: Buhari Slashes N500 Billion Poverty Alleviation Fund

Ogala Osoka | Staff Reporter -
The Nigerian presidency announced on Friday, September 9, 2016, that the appropriated N500 billion fund allocated for poverty alleviation would be scaled down due to...
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