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Economy

It’s always about the economy, stupid…

Economy

CBN Governor, Emefiele May Resign Over Buhari’s Order To Change Colour Of Naira

News Desk | The Trent -
The Governor of the Central Bank of Nigeria, Godwin Emefiele may be reportedly considering the option of quitting his job at the country's apex...
Economy

CBN Warns That Nigerian Economy Could Slip Into Recession In 2016

Augustine Ogwo | Staff Reporter -
Nigeria's apex bank, the Central Bank of Nigeria has warned that the country's economy could slip into recession in 2016. The monetary policy committee...
Economy

Recession Looms For Nigerian, South African Economy

Wires | The Trent -
Africa’s two largest economies are experiencing economic headwinds with both South Africa and Nigeria having registered a slowdown and technical recession. Economists say Nigeria has...
Business

It Gets Worse: Foreign Investors Withdraw N410 Billion From Nigeria’s Stock Market

News Desk | The Trent -
The dwindling fortunes of the Nigerian economy is having adverse effect on the Nigerian stock market as foreign portfolio investors have reportedly pulled out...
Economy

Sobering: A Review Of Central Bank of Nigeria (CBN) Exchange Rate Policy (READ)

Wires | The Trent -
by Factz Guru The Central Bank of Nigeria on Tuesday, June 23, 2015 announced a new foreign exchange policy which excludes some imported goods and...
Economy

Buhari Backpedals, Exempts NNPC, PHCN, 11 Others From Treasury Single Account

News Desk | The Trent -
The President Muhammadu Buhar-led Federal Government may have had a rethink about its decision to have a Treasury Single Account (TSA) for all Federal...
Economy

#OshiomoleLied: $700 Million Was Not Withdrawn For 2nd Niger Bridge – NSIA

News Desk | The Trent -
The Nigeria Sovereign Investment Authority (NSIA), which manages the sovereign wealth fund (SWF), has debunked claims by Edo State Governor, Adams Oshiomole that former...
Economy

Failing Economy: Nigeria Falls Below Afghanistan In List Of Vendors

News Desk | The Trent -
Nigerian exports have fallen below those of Afghanistan in the list of vendor countries at the United Nations’ Global Marketplace (UNGM). This was disclosed in...
Economy

Failing Economy: Senate Halts Power Sector Probe As Cash Crunch Hits NASS

Vanguard -
Cash crunch has hit the National Assembly and forced the Senate to put on hold the public hearing on power probe. According to a Senator,...
Economy

5 More States Get FG’s Bailout Funds -CBN (CLICK)

Vanguard -
THE Central Bank of Nigeria, CBN, said yesterday that five more states got their shares of its bail-out funds designed to ease the financial...
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