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Politics and Governance

Economy on freefall, moribund refineries, other ‘grave omissions’ in Tinubu’s speech

NIGERIA'S President Bola Tinubu's nationwide broadcast on Sunday, concerning #EndbadGovernance protests on August 4, has raised further questions about...
Harrison EDEH -
Banking and Finance

CBN’s Cardoso blames high interest rate on ‘excessive N27trn’ lending to FG

THE governor of the Central Bank of Nigeria (CBN), Yemi Cardoso has blamed the country’s rising high interest rates...
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Business and Economy

Economy suffering as inflation weigh down business activities to seven-month low

THERE are growing concerns as the Nigerian Purchasing Managers’ Index (PMI) dropped to 50.1 points in June, showing inflation...
Ehime ALEX -
Business and Economy

CBN regrets declining economic activities despite hiking lending rate

DESPITE increasing the lending rate to 24.75 per cent, the Central Bank of Nigeria (CBN) has admitted regrets over...
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Business and Economy

Nigerians face more hardship as Inflation rate nears 30%

NIGERIANS will face more economic hardship as the inflation rate jumps to 29.90 per cent, up from the previous...
Harrison EDEH -
Business and Economy

‘80% of Nigeria’s aviation earnings threatened by foreign airlines exit threats’

NIGERIA may lose 80 per cent of its earnings from the aviation sector as foreign airlines continue their threats...
Harrison EDEH -
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