Economy
Path 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...
Read moreDetailsNigeria’s MPC In Search Of Antidote To Growth, Inflation Risks, May Opt For ‘Forward-Looking’ Policy Measures
John Omachonu The Central Bank of Nigeria, (CBN)’s Monetary Policy Committee members are expected to make tough choices...
Read moreDetailsTough Choices For CBN On Politics, Inflation, Rates As MPC Meets Next Week, US, Others On ‘Survival’ Mode’
John Omachonu The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) may be forced to tinker with...
Read moreDetailsConsumers In For ‘Raw Deal’ As Rising Food Prices Push Inflation Rate To 16.8% In April
According to late Sam Aluko, Nigerian economist, (1999), “The poor cannot sleep because they are hungry and the rich cannot...
Read moreDetailsBuhari Holds Farewell Meeting With Outgoing Ministers As Fears Of Policy Summasault, Abandonment Heighten
President Muhammadu Buhari is said to be holding a farewell meeting with ministers seeking elective offices in 2023. But...
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‘Desperate’ Nigeria Weighs Tapping Diaspora As War, Insecurity Widen Budget Deficit
Five years after the first outing with diaspora bonds, Nigeria is considering the second one with another bond sale targeted...
Read moreDetailsPrice Of Cooking Gas Soars By 83.62% In One Year – NBS
The National Bureau of Statistics (NBS) on Friday disclosed in its report that the average retail price of cooking...
Read moreDetailsGoogle’s Subsea Cable Arrives In Nigeria For Internet Speed Improvement
Google’s subsea cable, Equiano , has arrived in Lagos, Nigeria. In a note announcing the arrival, Google’s West Africa Director,...
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