Economy
NLNG seeks $7bn for sustainability, Train 7 expansion
In the build-up towards Final Investment Decision (FID) later in 2018, Nigeria LNG Limited (NLNG) is seeking $7 billion from...
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Nigeria’s economy underperforming due to failed leadership, says Utomi
A Professor of political economy, Pat Utomi has described the economy of Nigeria as fundamentally an underperforming entity. He spoke...
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Inflation rate faces risks, say Emefiele, others
The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has said the nation may see a reversal of...
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CBN boosts forex market with fresh $210m
The Central Bank of Nigeria has injected another sum of $210m into the interbank foreign exchange market. The CBN said...
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How MSMEs contribute 54 per cent of Nigeria’s GDP
According to the International Council for Small Business (ICSB), Micro, Small and Medium-sized Enterprises (MSMEs) make up over 90 per...
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CBN has disbursed N158.7bn to DisCos, others – Emefiele
The federal government has disbursed a total of N158.74 billion to electricity distribution companies (DisCos), generation companies (GenCos), gas companies...
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OPEC’s 1m barrel output increase may affect Nigeria’s economic outlook
The Organisation of Petroleum Exporting Countries (OPEC) agreed yesterday to pump additional one million barrels per day crude oil into...
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Nigeria, Germany Explore New Opportunities to Strengthen Economic Ties
As part of efforts to grow stronger economic ties between Nigeria and Germany, the delegation of German Industry and Commerce...
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Economist: GDP growth not translating to improved quality of life
An Economist, Dr. Aminu Usman, says the growth in the country’s Gross Domestic Product (GDP) is not translating to improved...
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Financial Inclusion – CBN, Banks Target 40 Million Nigerians in 2 Years
With only 58 million Nigerians having access to financial services, plans are being put in place by banks and Central...
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