Editor's Pick
Jun 05, 2020
We are in a healthcare crisis that is also an economic crisis combined with an energy crisis. Add to that a looming humanitarian crisis in some emerging economies and you have a multitude of challenges, all of which are exacerbating geopolitical risks. How will these crises play out over the…
Apr 17, 2020
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Mar 20, 2020
The world is an interconnected global village and Nigeria is not immune to the adverse effects that may occur through this virus, even if the country hasn’t really been hit by the disease...
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Mar 20, 2020
Despite the absence of reassuring words from the Federal Government, Nigerians have cause to be concerned, as the global spread of coronavirus, also known as COVID-19, and the continuous drop in the price of crude oil in the international market would definitely take a heavy toll on the Nigerian economy...…
Mar 20, 2020
A report published by the National Bureau of Statistics on Tuesday revealed that food inflation increased marginally Year on Year to 14.90% in January 2020, compared to the figures obtained (14.85%) in January 2019...
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Mar 20, 2020
The Minister of Finance, Budget, and National Planning, Zainab Ahmed, has said the novel Coronavirus, which had led to a huge drop in crude oil prices worldwide, would put a severe strain on the Federal Government’s budget.
She said with the attendant effects of the spread of the virus, the…
Mar 08, 2020
Microfinance Banks have received new revised supervisory and regulatory guidelines from the Central Bank of Nigeria (CBN) that increase their minimum capital and stipulate sanctions for banks that divest from their approved business.
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Mar 04, 2020
Nigeria has overtaken South Africa as the biggest economy in Africa as the latter enters its second recession in two years. South Africa’s Gross Domestic Product shrank by 1.4 per cent in the fourth quarter of 2019, following a revised 0.8 per cent contraction in the third quarter, data from…
Mar 04, 2020
The acting Director-General of Securities and Exchange Commission (SEC), Mary Uduk, has reacted to the handling of the sovereign yields by the Central Bank of Nigeria (CBN) and the impact it had on the equity market.
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Mar 04, 2020
In its economic update for Nigeria released in the last quarter of 2019 with the theme, “Jumpstarting Inclusive Growth: Unlocking the Productive Potential of Nigeria’s People and Resource Endowment”, the World Bank had recommended that curbing the use of quasi-fiscal operations by the Central Bank of Nigeria (CBN) would both…
