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Category: Economy and Capital Markets
Should Nigerians be worried about ShopRite’s planned exit
A Nigerian university don, Uche Uwaleke, a professor of Finance at Nasarawa State University has urged Nigerians not to worry over the looming exit of Shoprite Holdings Ltd from Nigeria.…
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President Buhari Pledges To Spend More On Infrastructure For Job Creation
President Muhammadu Buhari Thursday in Abuja pledged to spend more on infrastructure across the country, focusing on finishing projects delivered by local contractors and technology that create jobs for thousands…
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Can the naira get back its value? Former Emir Sanusi proffers solutions
A former Emir of Kano, Sanusi Lamido Sanusi, has urged the Central Bank of Nigeria, CBN, to fund the bureaux de change, BDC, across the country in order to stabilize…
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FG inaugurates committee to drive implementation of support schemes for MSMEs
Details of how qualified and targeted Nigerians can access some of the benefits under the Economic Sustainability Plan will emerge soon with the constitution of a 10-man steering committee to…
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There’s an economic sustainability plan for Nigerians and this is what you need to know
The Nigeria Economic Sustainability Plan (NESP), approved by the Federal Executive Council (FEC) on June 24, 2020, was developed by the Economic Sustainability Committee (ESC), established by President Muhammadu Buhari…
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COVID 19: FG steps up palliatives, injects N2.3 Trillion stimulus into economy
Nigeria’s Federal Government continues to shore up palliatives to ease the negative effects of the corona virus pandemic lockdown on Nigerians. At the weekly Federal Executive Council meeting yesterday, the…
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Buhari faults ECOWAS single currency
Nigeria’s President Muhammadu Buhari has faulted the plans by ECOWAS to introduce a single currency for the Economic Community of West African States. The Eco is the proposed name for…
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Nigeria gets World Bank $750 million electricity boost
An International Development Association World Bank credit for Nigeria’s Power Sector Recovery Operation totaling $750 million has been granted Nigeria to boost its power sector. In a statement known on…
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Promoting ‘produce what we eat and eat what we produce’
It is no longer news that Nigeria as a country has the ability to produce food and other consumables for itself and the rest of the countries in the West…
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Amid COVID 19 hardship, Nigeria braces for fresh petrol squeeze
As economies world over are grappling with the hardship brought about by the shut down due to the corona virus pandemic, the woes of Nigerians might soon be compounded if…
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