The World Bank has projected Nigeria’s economy to grow at 3.3 per cent this year, about 0.4 percentage points higher than the 2.9 per cent it is expected to have closed last year. The projection is slightly behind that of…
THIS DAY President Muhammadu Buhari has said that the interconnection of the African continent with major highways was designed to build and develop the economies of the different countries. The president stated this during the week in Abuja at the…
NAIRAMETRICS Tensions in Europe have pushed up energy prices, and Nigeria may be forced to deal with high food inflation and inflated prices for diesel and other unsubsidized energy imports for a while. Specifically, Russia is a significant supplier of…
NAIRAMETRICS Geopolitical tensions in Europe have seen questions raised in different spheres of the world on how national economies would react to disruptions from war and unrest. During times of war, commodities such as oil, natural gas, aluminum, agricultural commodities…
THE GUARDIAN Investors blame apathy on illiquidity, seek fresh incentives Attempts by the capital market regulators to woo investors have not yielded the desired result, with investors blaming apathy and illiquidity for the poor performance of the capital market. The…
THE GUARDIAN As the nation gets drawn into the frenzy of politicking ahead of the 2023 general elections, a report has established that about 78 per cent of Nigerians were unhappy and in a state of despondency due to poor…
VANGUARD NEWS Governor Ifeanyi Okowa of Delta State, yesterday, lamented that Nigeria’s economy was not in the best of shapes and urged the Federal Government to take urgent steps to revive the country’s economy. Okowa, during his quarterly media briefing…
PREMIUM TIMES The Nigerian economy recorded a 5.01 per cent annual growth in real terms in the second quarter of 2021, the National Bureau of Statistics said Thursday. The rise marked the third consecutive quarter of growth following the negative…
THIS DAY In the last couple of days, oil has become a non-factor in Nigeria’s economic growth strategy. Indeed, oil has become a negative factor as global oil prices spiraled downwards across board. Nigeria is an oil-dependent country and not…