Economy

July 23, 2018

Nigeria Update: Currency devaluation, forex, cost of fund push firms to N10 billion losses

Five manufacturing companies quoted on the Nigerian Stock Exchange (NSE) were among the big losers in the 2017 financial year, which presented operational challenges to the […]
July 18, 2018

Nigeria Update: ‘Lower purchasing power, fund costs, credit risks challenge economy’

It is not yet over, according to the officials of the International Monetary Fund (IMF), who came to Nigeria on economic assessment, as the touted non-oil […]
July 18, 2018

Nigeria Update: Buhari demands N242b for 2019 elections

“The aggregate cost of the 2019 elections is estimated at N242,445,322,600.00, but only N164,104,792,065.00 will be spent for urgent needs of the polls because of funds […]
July 12, 2018

World Update:Trade war: US takes aim at $200 bn in Chinese goods

The United States has escalated a trade war with China, threatening to impose fresh tariffs on another $200 billion in Chinese goods as soon as September, […]