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Category: Economy

Business Economy headline

Nigeria’s borrowings are justified, says Lai Mohammed

Iheanyi Ejiofor August 15, 2020 No Comments says Lai Mohammed

The Federal Government says the funds it has borrowed so far are justifiable because they are being used for the development of critical infrastructure that will benefit Nigerians The Minister…

Read More Nigeria’s borrowings are justified, says Lai Mohammed
Business Economy

TONY ELUMELU foundation marks international youth day emphasising ”Youth Engagement for Global Action” Agenda

Iheanyi Ejiofor August 15, 2020 No Comments

The Tony Elumelu Foundation (TEF) joined the United Nations and other global organisations to mark the International Youth Day on August 12, 2020, with a line-up of pan-African speakers discussing…

Read More TONY ELUMELU foundation marks international youth day emphasising ”Youth Engagement for Global Action” Agenda
Business Economy headline

More than 17m Nigerians have become unemployed since 2014- NBS report

Iheanyi Ejiofor August 14, 2020 No Comments #More than 17m Nigerians have become unemployed since 2014- NBS report

The National Bureau of Statistics (NBS) has said that 21.76 million Nigerians are now unemployed as the country’s current unemployment rate stands at 27.1 percent, the National Bureau of Statistics…

Read More More than 17m Nigerians have become unemployed since 2014- NBS report
Business Economy headline

Nigeria may slide into another recession, says finance minister

Iheanyi Ejiofor August 13, 2020 No Comments #Nigeria may slide into another recessionsays finance minister

Zainab Ahmed, minister of finance, says unless Nigeria achieves a very strong third quarter 2020 economic performance, the country may slide into recession. Ahmed disclosed this at the opening of…

Read More Nigeria may slide into another recession, says finance minister
Economy headline

Our intervention in Fortis MFB in line with the law – NDIC

Iheanyi Ejiofor August 13, 2020 No Comments

BY OUR REPORTER The Nigeria Deposit Insurance Corporation (NDIC) says the distress resolution and liquidation of Fortis Microfinance Bank ( Fortis MFB) Plc. and the protection of interest of depositors…

Read More Our intervention in Fortis MFB in line with the law – NDIC

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