The World Economic Forum (WEF) has raised concerns about the health of the Nigerian economy and the tough job ahead for the country’s next president. In...
The Peoples Democracy Party (PDP) vice-presidential candidate, Ifeanyi Okowa, said on Sunday that Nigeria’s economy was beset by several problems. Okowa, who spoke at a presidential...
The Labour Party presidential candidate, Peter Obi, has disagreed with persons that believe the Nigerian economy was not diversified. Obi, who spoke at a presidential town...
The Labour Party presidential candidate, Peter Obi, has identified an unbalanced budget as the cause of Nigeria’s economic crisis. Obi, who spoke at a presidential town...
Atiku Abubakar, the Peoples Democratic Party’s (PDP) presidential candidate, has warned the Federal Government that taking on more debts will never be a solution to the...
The Nigerian economy has had a difficult seven-month period. This is to the point that it appears the government and policymakers are at a loss on...
Epileptic power supply and incessant increase in cost of commodities threatens survival of many small scale businesses relying on power supply in Nigeria. ABDULGANIYU ABDULRAHMAN AKANBI...
The former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, on Thursday slammed the Federal Government and the apex bank over the country’s...
The National Youth Council of Nigeria (NYCN) has blamed the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele’s poor economic management policies for...
The World Bank on Saturday raised concerns over Nigeria’s debt sustainability amid rising fuel subsidy after President Muhammadu Buhari proposed N4 trillion for petrol subsidy last...
Nigeria’s position as Africa’s largest oil producer is now seriously under threat at a time oil prices are averaging $100 per barrel. The Group Managing Director/CEO...
Thursday, February 17 can be correctly regarded as data day. Four separate data sets were released by the National Bureau of Statistics (NBS). These include the...
The Nigerian economy has made an improvement by 3.98%, similar to what it was before the Muhammadu Buhari administration came to power. The National Bureau of...
A report by the World Bank has noted that Nigeria’s economy under President Muhammadu Buhari was worse than what it used to be 10 years ago....
The Nigerian economy recorded some major events that shaped the out-going year. There were few bright spots as well as events that many Nigerians would want...
Today, December 22 makes it exactly 200 days since the administration of President Muhammdu Buhari blocked Nigerians from accessing twitter and this has cost the economy...
A former Emir of Kano, Sanusi Lamido Sanusi, lamented on Friday that Nigeria’s economy was on the verge of total collapse. Sanusi, who stated this at...
JP Morgan Chase has taken a different seat concerning the economic growth rate of Nigeria in 2021, projecting Africa’s largest economy will continue to experience slow...
Vice President Yemi Osinbajo, on Monday, lashed out at officials negotiating contracts on behalf of Nigeria, saying that they are bereft of the required knowledge to...
The Minister of Information and Culture, Lai Mohammed, said on Saturday President Muhammadu Buhari’s government is committed to the diversification of the nation’s economy. The minister...
The National Bureau of Statistics (NBS) reported on Sunday that Nigeria’s GDP increased by 0.51 percent in the first quarter of 2021. This is the second...
The National Vice Chairman, South-South zone of the Peoples Democratic Party (PDP), Chief Dan Orbih, has said that the Nigerian government under the leadership of President...
The Governor of Central Bank of Nigeria, Godwin Emefiele, said on Friday the Nigerian economy is on track for full recovery this year. The Nigerian economy...
The United Nations (UN) on Thursday said the economy of Africa’s most populous nation, though slow, was moving in the right direction. The Deputy Secretary-General of...
Government needs to brace up for tough policy decisions including the defence of the Nigerian economy against external and fiscal instabilities in order to restore growth...
The double whammy of coronavirus pandemic resurgence and sharp volatility of oil prices are the biggest impediments to Nigeria’s comeback to economic growth in the year...
Central Bank of Nigeria (CBN) Governor Godwin Emefiele has affirmed that Nigeria must give considerable focus to productions to expand the economy. Emefiele stressed that the...
Former Anambra State Governor, Peter Obi, has advised the President Muhammadu Buhari-led administration to reduce its borrowing as Nigeria cannot afford to borrow its way out...
As Nigerians continue to lament over the current recession in the country, the Minister of Information and Culture, Lai Mohammed, has reacted to the situation. He...
The Senior Special Assistant on Media and Publicity to the Vice President, Laolu Akande, said on Sunday Nigeria’s economy is on the path to recovery. Akande,...
Senate President Ahmad Lawan said on Thursday Nigeria’s economy was being steered on the path of growth despite the prevailing challenges. Lawan, according to a statement...
The Peoples Democratic Party (PDP) on Wednesday expressed concern over fresh plans by the Federal Government to secure an additional $1.2 billion loan from the Brazilian...
Nigeria’s perennial foreign exchange shortage is squeezing life out of Africa’s largest economy, Bloomberg reported on Monday. Banks won’t honour card payments, foreign investors can’t get...
Nigerians are pessimistic that the country’s galloping inflation rate would hamper the economy further in the next twelve months, data obtained from the Central Bank of...
Nigeria’s immediate past Minister of State for Petroleum Resources, Ibe Kachikwu, has said that crude oil’s contribution to the mation’s economy will fall rapidly. Currently, oil...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market, mainstream business activities...
The Central Bank of Nigeria (CBN) has projected that Nigeria will turn in a negative Gross Domestic Product in the second quarter of this year considering...
Africa’s largest economy stands a chance of shrinking next quarter from the shocks of curbs placed on commercial operations in an effort to rein in coronavirus...
In light of the sharp dwindling in the global economy occasioned by Covid-19 pandemic, the MD/CEO of Heritage Bank Plc, Ifie Sekibo has suggested ways the...
A former Deputy Governor of Central Bank of Nigeria, Kingsley Moghalu, Friday charged the Federal Government to commence a far-reaching restructuring and repositioning of Nigeria’s economy....
What has been unveiled so far by CBN are mere palliatives, and are inadequate to stop the looming mass business failure. The 13 suggestions below should...
The International Monetary Fund (IMF) Tuesday forecast that Nigeria’s Gross Domestic Product (GDP) would contract by 3.4% in 2020 after expanding by 2.2% last year. In...
Foreign investments valued at $23.9 billion (over N8.771 trillion) came into Nigeria by way of 22 banks last year, the statistics office has said. The injection...
The Nigerian economy faces the huge prospect of losing up to $650 million dollars (about N238.550 billion) and 91,380 jobs to the downtrend induced by the...
International credit rating agency, Fitch Ratings, has noted in its latest outlook for the Nigerian banking sector that banks across the country face acute threats from...
Nigeria may be heading for its second recession in nearly four years after crude oil prices crashed to $30 per barrel in the international market. The...
A recent review of the 2020 outlook of the Nigerian economy, detailing the prospects of key measures defining possible fiscal growth, has revealed the odds of...
One time secretary-general of the Commonwealth of Nations, Chief Emeka Anyaoku, has called on Nigerians to support the closure of Nigeria’s land borders by the government....
President Muhammadu Buhari on Wednesday told members of his Presidential Economic Advisory Council (PEAC) that the economic growth of the country had not been fast enough...
Hello there, it’s Sunday. And, here is the Business Wrap, a featured post highlighting some of the major events that unfolded during the week ended 5th of...
