Nigerian economy is on the stranglehold of debt. At the national, sub-national, corporate and individual levels, debts owed to banks have held the economy to a...
Nigerian billionaire and Africa’s richest man Aliko Dangote has scored yet another first. This time, he has been named the Africa’s first $20 billion man, thus...
The Federal Government has concluded plans to stop the importation of wheat into the country in order to create markets for farmers involved in the production...
Nigeria’s total debt stock stood at $53.46 billion as at end-March 2013. This is the aggregate of Federal Government, State governments and Federal Capital Territory (FCT)...
Weekly trading on the Nigerian Stock Exchange (NSE) opened on a positive note as the All-Share Index appreciated marginally by 0.07 per cent. The index rose...
Economics is a science of choice. Decision making involves making a choice. Among competing wants, preference has to be put on scale and selection made on...
Former South African President, Mr. Thabo Mbeki said that African leaders launder about $50 billion into foreign banks annually. Mbeki made the revelation in Abuja Nigeria....
The hunt for Royal Dutch Shell’s next chief executive is underway, its chairman said on Tuesday, after CEO Peter Voser made what could be his last...
Nigeria’s poverty rate should be falling faster given its economic growth this decade, an official of the International Monetary Fund said. The share of citizens Nigerians...
The Central Bank of Nigeria (CBN) has retained the lending rate at 12 per cent, the Governor, Malam Sanusi Lamido Sanusi, said. Sanusi stated this on...
