Wednesday, September 19, 2018
Economy

Economy

Read the latest Economy news from Nigeria and Africa

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...

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...

College Students Protest Against Credit Card Ban

Students gathered outside a university in protest of Nigerians being banned from using their credit cards internationally.
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Demand for Making Payments through Mobile Devices Gains Acceleration in Nigeria

Advancement in online transactions such as e-commerce, e-banking among others continues in Nigeria despite the downfall of economic strength in the country. Nigeria is one of the fastest growing nations, again despite current setbacks, which...

Nigeria and the Attitude of Investors

Over a decade now, Nigeria has been struggling to secure more prominent investors even though the country is the giant of Africa. This worrisome situation that needs urgent intervention is due to some issues that...

7 + 1 Ways the World Changed in 2015

By Melissa Stanger Last year was a year to remember. Yes, 2015 was one for the books. It wasn't all good, but the world changed in many ways that will continue to shape our future. Trumpisms: "It's...

Acorn Oil Will Build Oil Depots in Lagos, Port Harcourt, and Abuja Airports

In an effort to increase the economical potency that will add value to the oil and gas sector, Acorn Petroleum has revealed its commitment to expanding downstream operations with the view of providing...

Naira Stable but Only for the Short-Term; Learn Why

The depreciation of the naira is unlikely in the next coming months. Shortly after the fall and rise of the nations's currency The Central Bank of Nigeria's Governor Godwin Emefiele committed to "currency stability."...

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...

Eko Atlantic City “Nigeria’s Tourist Heaven” 

Nigeria is looking to diversify its economy away from oil. The federal government plans to build Eko Atlantic City as part of the diversification process. Minister of Information and Culture, Alhaji Lai Mohammed, has said...

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...