Issues in Nigeria’s net capital flows mirage, by IMF
On April 8, the IMF publicly released the 2016 Article IV Country Consultation Report on Nigeria and the accompanying Selected Technical Issues Papers.
Depleting external reserves as harbinger of anaemic growth
Recently the Central Securities Clearing System [CSCS] took a serious look at the country’s economy in its yearly economic outlook seminar held recently in Lagos.
‘CBN will raise stake for diversification, wealth, job creation’
The Central Bank of Nigeria (CBN) has said that it is not deterred by any wrong perception of its development financing interventions in the real sector of the economy, as it has proven to be a portent tool in job and wealth creation.
Banking on agribusiness as sustainable alternative
An expert, simply identified as Carm, in his analysis of the economic future of the Oil Producing and Exporting Countries, referred to the widely held belief that oil exporting countries...
Unending battle against multiple charges by banks
Samuel Elias, an operator of a medium size dry cleaning shop, was receiving cloths from his customers when he had a text message in his phone. Curiously, he opted to read the text before continuing.
Dollar up on yen ahead of Yellen speech
The dollar advanced against the yen and euro on Tuesday but edged broadly lower against other Asian currencies as dealers await a speech by Federal Reserve chief Janet Yellen.
Experts oppose FG’s move to tax voice calls, pay TV
Marketing Communication experts have condemned the proposed communications tax bill before the Eight National Assembly, describing the bill as evidence that the Federal Government “isn’t sensitive to the plight of the people”.
Nigeria’s economy hits new lows on strings of misfortunes
It appeared to be long coming. And finally, it dawned on the economy. This is about the strings of economic challenges that have befallen the country over the years