Osinbajo urges caution on economic sovereignty
Vice President Yemi Osinbajo, says Africa’s developmental aspirations can be actualised by deepening cooperation and collaboration with the rest of the world. Osinbajo’s spokesman, Laolu […]
economy
FEC receives report on 3.1% growth in Nigerian economy
The Federal Executive Council (FEC) received a report about Nigeria’s 3.1 per cent economic growth in the first quarter of 2022 at its weekly meeting […]
Raising MPR to 13% can reduce productivity, worsen unemployment – expert
A financial expert, Mr Okechukwu Unegbu, says the increased Monetary Policy Rate (MPR) of 13 per cent can affect the productive sector of the economy and […]
EU Commission grants Ukraine additional €9bn loan
European Commission president, Ursula von der Leyen, on Wednesday proposed to provide Ukraine with another 9 billion euros (9.5 billion dollars ) in loans until […]
Patronise made in Nigeria products to create jobs-NOA
The National Orientation Agency (NOA) has called on Nigerians to patronise made-in-Nigeria products in order to grow the economy and create more jobs for the […]
ABCON unveils roadmap to save naira from further decline
The Association of Bureaux De Change Operators of Nigeria (ABCON) says it has developed a roadmap to save the naira from further decline and enhance […]
IMF revises down global GDP growth to 4.4%
The International Monetary Fund (IMF) says global Gross Domestic Product (GDP) growth is expected to moderate from 5.9 per cent in 2021 to 4.4 per […]
NGX resumes after Christmas break with N238bn loss
The Nigerian stock market resumed trading on Wednesday after the Christmas holidays with a loss of N238 billion due to profit taking. Speficially, the market […]
Profit taking persists on NGX, indices down by 0.03%
Trading on the nation’s bourse remained bearish on Thursday with the market capitalisation dropping further by N7 billion on sustained profit taking. Specifically, the market […]
Nigerian stock market extends losing streak by N113bn
The Nigerian stock market extended bearish mood on Thursday on the back of sell pressure on Seplat Energy and 33 others. Specifically, the market capitalisation […]