The Week Ahead
Upcoming Events and NBS Economic Releases for the Week Ahead
The coming week is anticipated to be economically…
Ranching: Ball in your court, Nigerians tell FG
Despite the controversy being generated by the ban on open grazing by Southern Governors, many Nigerians have urged…
50 years after civil war: How ECOWAS Court complicates plight of war…
The Nigerian civil war which took place from 6 July 1967 to 15th January 1970 devastated the South East and…
What CBN’s adoption of I&E FX rate means for Nigeria
The Central Bank of Nigeria (CBN) has adopted the Investors and Exporters (I&E) window rate, sources close to…
Agric lending at 5-year high fails to reflect in food prices
Even as 2020 being the pandemic year saw a general slowdown in economic activity, conversely, bank lending to the…
Nigeria faces $400m charge at arbitration after Mambila contract goes sour
A Nigerian company that lost out on a contract to build a multibillion-dollar Mambila hydropower plant has filed a…
Cellulant: the untold story of the crises that rocked one of Africa’s…
With a whopping $47 million raised in its series C and a footprint in 18 markets across the continent, Cellulant…
Here are 3 challenges facing sub-Saharan African finance ministers –…
Nigeria’s and many other finance ministers in sub-Saharan Africa (SSA) have three immediate confronting challenges…
How Buhari can lift Nigeria’s economy from the ditch
Nigeria's economy has been in a ditch in the last five years. Nigerians grew progressively poorer, as economic…
With 100% FG stake, new PIB does not promise a profitable NNPC
In the revised Petroleum Industry Bill (PIB), the Federal Government will retain 100 shares of a newly created…
Luxury real estate offers investors these 5 benefits
As investment interests continue to rise and considerations largely favour residential real estate, investors are…
Nigeria beats peers to most PE, VC investments in healthcare
Nigeria’s health care sector attracted the highest private equity (PE) and venture capital (VC) deals in the last…
Power outage at Bonga oil terminal costs NNPC, partners $64m
Due to power outage, the Nigerian National Petroleum Corporation (NNPC) and its other major partners lost one…
Neglected Nigerian senior citizens dying, languishing in penury
Nigerian Pensioners, fondly called senior citizens particularly from the Defined Benefit Scheme (old pension…
Nigeria’s e-payment channels record N356.47trn transactions in Q4
Data on e-payment channels in the Nigerian banking sector reveal that a total volume of 3,464,811,083 transactions…
Tesla suspends bitcoin payments on environmental impact
The cryptocurrency market is reeling from the shock of Tesla's announcement that it would be suspending vehicle…
Apapa: Any link between Usman’s suspension and worsening gridlock?
Apapa gridlock has taken a turn for the worse and, once again, the port city has become impenetrable with the…
Why Nigerian banks are slashing cash dollar deposit by 50%
Some Nigerian Deposit Money Banks (DMBs) have reduced the amount of cash dollar deposit in domiciliary accounts by…
Nigerians paying price of Buhari’s deaf ears to economic advisers
Nigeria's decision in 2019 to assemble a team of accomplished economists to advise President Muhammadu Buhari on…
Oil rises near $69 as OPEC sees demand picking up
Oil prices rose Wednesday on signs of a speedy economic recovery and upbeat predictions for energy demand in light…
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