FG Spent N12b on 10 Fire Trucks amid Nigeria’s Economic Woes by Justice Godfrey Okamgba April 3, 2023 0 Finance The Nigerian government has been under strong criticism for spending a whooping N12 billion to purchase 10 firefighting trucks at ... Read more
[BREAKING] Nigeria’s Inflation Rises to 21.91℅ by Justice Godfrey Okamgba March 15, 2023 0 Finance The National Bureau of Statistics on Wednesday said the inflation rate has risen to 21.91%, compared to January 2023 inflation ... Read more
Buhari Must Address Cash Crunch as Economy Tightens by Justice Godfrey Okamgba March 13, 2023 0 Finance Nigeria's President Muhammadu Buhari must immediately address the cash crunch already crippling the country's economy. Buhari's continued silence on a ... Read more
Naira Redesign Affected the Economy, says Manufacturers by Justice Godfrey Okamgba March 4, 2023 0 Finance According to the Manufacturers Association of Nigeria (MAN), among other factors, the redesign of Naira notes has had a negative ... Read more
[REPORT] OctaFX Reveals Optimistic Market Forecast for 2023 by Justice Godfrey Okamgba February 20, 2023 0 Finance 2022 brought turbulence to the markets with surging interest rates, unexpected inflation, and plummeting stock markets. However, the energy sector ... Read more
[REPORT] Nigeria’s Public Debt Rose to N44.06trn in Q3 by Justice Godfrey Okamgba February 1, 2023 0 Finance Nigeria's public debt rose from N42.84 trillion (103.31 billion dollars) in the second quarter of 2022 to N44.06 trillion (101.91 ... Read more
UN Projects Nigerian Economy to Grow by 3 percent in 2023 by Justice Godfrey Okamgba January 30, 2023 0 Commerce The UN said poor power supply in the country, and the economy would benefit from robust commodities trade and dynamic ... Read more
Nigeria Needs at least N3.7tn to Tackle Poverty by Justice Godfrey Okamgba December 27, 2022 0 Finance Nigeria's poverty rate has been rising on an annual basis. 63 percent of people—133 million Nigerians out of an estimated ... Read more
BoI, Afreximbank Sign Pact to Mobilise Resources for ICT, Creative Economy by Justice Godfrey Okamgba November 8, 2022 0 Commerce I am particularly pleased that Afreximbank and BOI are boldly venturing upstream to help investors develop well-structured projects that meet ... Read more
Stakeholders Warn FG Against Borrowing as Economy Continues to Shrink by Justice Godfrey Okamgba September 20, 2022 0 Commerce Most businesses in Nigeria are now on the brink of collapse under the pressures from the economic policy environment. Read more
Uber Country Manager Makes Strong Case for Gig Economy by Justice Godfrey Okamgba August 13, 2022 3 Commerce Gig work has the ability to drive such a transformation of the earning landscape faster and more efficiently than most ... Read more
Expert Cites Policy Distortions as Nigeria’s Economy Toughens by Justice Godfrey Okamgba June 15, 2022 0 Commerce Hernandez noted that the high inflation has crashed the value of the national minimum wage of N30,000 ($82), which is ... Read more
Nigeria’s Trade Surplus Hits N1.2 Trillion, According to NBS by Justice Godfrey Okamgba June 8, 2022 1 Commerce A trade surplus is an economic indicator of a positive trade balance in which the exports of a nation outweigh ... Read more
FG to Revive Economy Through Cocoa Production, Targets 500,000 Tonnes by Justice Godfrey Okamgba June 8, 2022 2 Commerce Cocoa is among Nigeria’s leading agricultural exports and constitutes 2% of its exports annually. Read more
Nigeria’s 2022 Q1 Economic Growth Slows by Yinka Okeowo May 24, 2022 0 Finance GDP grew by 3.98 percent in the fourth quarter of 2021. In the first three months of last year, the ... Read more