Thursday, 2nd February 2023
Breaking News:

Nigerian economy

11 Jul 2017
Further to this and in the realization of the security, the Collateral Registry Act in an attempt aimed at strengthening the creditor’s right of realization of the interests, provides a variety of options to a secured creditor.
16 May 2017
Two stories in the papers in the last week ought to serve as a wake-up call to policy makers in Nigeria. They illustrate the challenges facing the Nigerian economy that are capable...
9 Sep 2016
Corruption is one of the reasons Nigeria has not industrialized as a nation. In fact since independence Nigeria has de-industrialized by producing at the same level or at even lower level.
5 Aug 2016
It is no longer news that the Nigerian economy has officially entered into recession. This announcement by the Minister of Finance is just a formal acceptance of a reality which most Nigerians, especially those working ...
1 Jul 2016
At the moment, the rate of inflation in Nigeria stands at 16 per cent. However, the floating of the naira is a bold move to unshackle the Nigerian economy and position it on the path of recovery from recession.
30 Jun 2016
While uncertainty may prevail in the global economy following the exit of Britain from the European Union (EU), members of the Organised Private Sector (OPS) have stated that the impact of Brexit.
17 Jun 2016
Nigerian economy is an ominous exercise that will continue to provoke debates, controversies and analyses. The mismanagement has unleashed horrendous consequences on the life of Nigerians.
31 Mar 2015
The ‘Africa is the horizon: the 2015 African Business Outlook Survey’, said that these growth- rate differences reflect, in part, the current state of infrastructure in each country, as well as the breadth, depth and stage of development of the formal economy in each country. The report was compiled by The Economist Corporate Network, the business advisory service of The Economist Group, which canvassed executives based primarily in the four biggest sub-Saharan economies – Nigeria, South Africa, Angola and Kenya.


As with more passport desk offices being opened across states in the federation, Comptroller General of the Nigeria Immigration Service, (NIS), Isah Idris, has assured Nigerians that challenges being faced in passport processing at home and in the diaspora, will soon give way for the emergence of seamless passport application and processing.
The suicide bomber who killed more than 80 police officers at a mosque inside a sensitive compound earlier this week entered wearing a uniform and helmet, a provincial police chief said Thursday.
14 mins ago
With less than 23 days to the general elections, the crisis rocking the All Progressives Grand Alliance (APGA) took a new twist as a factional presidential candidate, Chekwas Okorie, on Wednesday unveiled his campaign council.
20 mins ago
The Supreme Court has dismissed an appeal by the Peoples Democratic Party (PDP) seeking to restore the nullification of the participation of Osun’s ex-governor Gboyega Oyetola and his deputy Benedict Alabi in the July 16, 2022 governorship election. A five-member panel of the Supreme Court led by Justice Centus Nweze on Thursday held that the…
33 mins ago
The Central Bank of Nigeria (CBN) on Thursday directed commercial banks to start paying the redesigned naira notes to customers over the counter. CBN governor Godwin Emefiele announced the directive in a statement. Emefiele said the new directive was to alleviate the challenges that Nigerians are experiencing with getting access to the new notes, as…