Economy
Electoral 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...
Read moreDetailsFears On Economy Heighten As Ahmed Says Low Oil Output Barely Enough To Cover Petrol Imports
Fears on the fragile economy heightens with revelation by Zainab Ahmed, Finance minister Ahmed that low crude oil production means...
Read moreDetailsPath To Macroeconomic, Price Stability, MPC Can No Longer Play ‘Ostritch’, Analysts
John Omachonu There are indications that the nation's Monetary Policy Committee (MPC) may nolonger play the ostritch and hence the...
Read moreDetailsMore Worries As Petrol Subsidy Gulps N271bn In April, NNPC Declares Zero Remittance Again For 4th Time
The Nigerian National Petroleum Company (NNPC) Limited has deducted another N271.13 billion as a shortfall for the importation of petrol...
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Indifference As NBS Reports Economy Grew By 3.11 Percent, Q1, 2022
Nigerians have continued to show indifference to the quarterly reports of economic growth by the nation's statistics Bureau, (NBS), as...
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