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Economy

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Economy, CBN And ‘Naira Battles’

The economy is the ‘oxygen’ of a people, and basically about the allocation of scarce resources for production, distribution and consumption for the fulfillment of the needs of the people. A national economy is classified into four basic sectors, namely, the primary
August 25, 2022
Nigeria’s Economy Grows By 3.4% -- New Report

Nigeria’s Economy Grows By 3.4% — New Report

Nigeria has recorded an annual Gross Domestic Product (GDP) growth of 3.4 per cent in 2021, which happens to be the strongest growth in seven years since 2014. Representing the first annual growth since the COVID-induced recession of 2020, the 3.4 per
May 12, 2022

ECONOMY: ’27 Ways APC Ruined Nigeria’

Rising from its three-day retreat hosted by Abia State Governor Okezie Ikpeazu in Aba, PDP governors on Wednesday listed 27 infractions of the APC federal government against the economy and why, according to the governors, the ruling political party  should not be
March 24, 2022
“Nigeria's Debt Stock Rose To N39.56trn In 2021”

“Nigeria’s Debt Stock Rose To N39.56trn In 2021”

The Nigerian Electricity Regulatory Commission (NERC) has announced, electricity tariff shall rise, six-monthly as a result of the latest N600billion subsidy removal on power. The Chairman of NERC, Sanusi Garba, disclosed the latest development at a media briefing in Abuja just recently.
March 18, 2022

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