By David Pilling The term “dead cat bounce” derives from the fact that even a dead cat will bounce if it falls from a great height. If you imagine a…
Read More Nigeria has let a crisis go to waste
Category: Economy
FG will be unable to deliver on some capital projects in 2017 budget- Kachikwu
The federal government will be unable to deliver on some capital projects contained in 2017 budget because of current oil prices and production levels. Mr. Ibe Kachikwu, Nigeria’s minister of…
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Spraying, mutilation of naira abuse to national sovereignty – CBN
The Central Bank of Nigeria has condemned the mutilation of naira notes, saying it represents an abuse on national sovereignty. The CBN’s acting Director of Corporate Communications, Mr. Isaac Okorafor,…
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Nigeria can no longer afford to borrow to fund its budget – Adeosun
Mrs. Kemi Adeosun, Nigeria’s Minister of Finance on Tuesday said that the country is no longer in a position to continue borrowing to fund its budget and must seek alternative…
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Etisalat Nigeria assures customers despite withdrawal by parent company
Etisalat Nigeria has assured its customers of continuous and quality service despite the decision of Etisalat to terminated its management agreement with its Nigerian arm. The decision of the Abu…
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