Wednesday, March 20, 2019
Economy

Economy

Read the latest Economy news from Nigeria and Africa

Grab a Parachute – the Nigerian Economy is in Freefall

By William Wallis Reality for Nigerians comes harder by the day. Investors told the Finance Minister Kemi Adeosun in London this week that in the current climate even a high-yielding sovereign bond would be a...

Why Cashews Could Drastically Help the Nigerian Economy in 2016

The National Cashew Association of Nigeria (NCAN) has revealed its commitment to boost the Nigerian economy through the platform of increased exportation of cashews, starting in February 2016. Speaking at a 2015 summit open to businesses planning...

Will the Finance Sector Get a Boost, 2015 – 2016 Budget Comparisons

The Ministry of Finance for Nigeria stands on wobbly legs as of late, many blame the defunct finance minister, Ngozi Okonjo-Iweala for the travails of the current and confused finance system, that is, what is left...

2016 Budget of Change: Buhari Says He Hears Your Cries and Shares Your Pains

“As I said in my New Year message, living in the State House does not in any way alienate me from your daily struggles. I read the newspapers and listen to the TV and...

Where is Africa’s Middle Class, and How Can We End Vulnerability to Poverty?

A thriving middle class is the only way to lift hundreds of millions of Africans out of abject poverty through inclusive social and economic policies that work for all.

Here’s What You Should Read Before Doing Business in Nigeria: A Guide

Nigerian businesses are in a conundrum at this point in time. Many businesses are at both extremes of the divide; some are making profit while some companies are losing heavily. Some of these profits...

Analysts Say Nigeria is Headed for an Economic Crisis

Nigeria's economic crisis is getting worse. On Friday the Nigerian Bureau of Statistics revealed that the country's economy shrank by 0.4% year-over-year in the first quarter — way worse than expected. Economists were expecting the country...

What You Need to Know About the Nigerian Business Sector This Week

Happenings around the financial market have not yet brought respite to many Nigerians. The market is still fluctuating; there have been a few gains with some brands taking on innovative approaches to stay ahead of...

The Lost Confidence in the APC Government Started in Abuja

Since Nigeria retrieved her democratic system of government from military rulers in the year 1999, A party lead started by General Olusegun Aremu Obasanjo for the Peoples Democratic Party (PDP) persisted until May 29, 2015,...

Talks in Progress Between Nigeria, Chevron, Total and Eni of Italy over Restoration of...

Some years back now, Nigeria became one of the leading crude oil producing countries, which depends on the importation of costly refined oil and gas for daily economic drive. Other neighboring countries that depend...

Latest Nigerian News

Nigeria @ 56: Economic Recession Won’t Last For Long, Buhari Appeals...

President Muhammadu Buhari has assured Nigerians that his administration would find a lasting solution to the economic recession. Buhari made this known during his Independence...