Economy
JP Morgan Wins $1.7B Suit Against Federal Government Of Nigeria In London Court
Nigeria today suffered a huge financial and legal loss as a U.S. bank, JP Morgan Chase, won a $1.7 billion...
Read moreDetailsStakeholders Task CBN, Others On Policy Initiatives For Inflation, As W/B predicts more Nigerians’ll Plunge Into Extreme Poverty
More people in Nigeria and other Sub-Saharan African (SSA) countries are expected to fall into extreme poverty, especially in countries...
Read moreDetailsAnalysts See Rising Food Prices Driving Further Inflation Rate To Over 17%, In May, Say Ondo Attack Portends Crisis In Non-Oil Sector
John Omachonu The National Bureau of Statistics will publish its Consumer Price Index (CPI) report for the month...
Read moreDetailsStakeholders Identify Limitations Of MPR As ‘Anchor Rate’ For Credit Administration, List Path To Economic Development
John Omachonu Determined to have a firm grip on the economy foe economic development, Central Bank, (CBN)...
Read moreDetailsElectoral Act, ‘Dollarisation’ Of Electioneering Dim Nigeria’s Economic Outlook
John Omachonu Political activities have started in full swing in Africa’s largest economy, and concerns for economy are no longer...
Read moreDetailsWhy Cpital Importation To Nigeria Dropping, Analysts
Growing insecurity typified by killings and destruction of properties as well as social discontent, among others, have been identified as...
Read moreDetailsSurging Inflation Forces Meeting Of America’s Biden With Powell, Nigeria Dithers
Worried by the historically high levels of inflation, President Joe Biden of the United States met with Federal Reserve Chair...
Read moreDetailsOPEC Weighs Suspending Russia From Oil-Production Deal, As Rising Price Of Brent Crude Unsettles Nigeria’s Economy
Some OPEC members are exploring the idea of suspending Russia’s participation in an oil-production deal as Western sanctions and a...
Read moreDetailsNigeria’s Interest Payments On Debts May Wipe Country’s Entire Earnings In Next Four Years, IMF Warns
The International Monetary Fund has warned that debt servicing may gulp 100 per cent of the Federal Government’s revenue by...
Read moreDetailsMore Worries For Nigeria, Others, As Fed’s Waller Backs Half-Point Rate Hikes At ‘Several’ Meetings
When the Federal Reserves sneezes, most countries of the world catch cold as their economies are in one way or...
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