Economic Confidential

Godwin Emefiele and the Task Ahead

Godwin Emefiele and the Task Ahead By Abdulfatai Olamilekan At the time Godwin Emefiele was appointed the Governor, Central Bank of Nigeria, the economy was in trouble, the Gross Domestic Product (GDP) had declined, and inflation was around 19 percent and...

Governors urge Buhari to call NFIU to order Over Joint Account

Governors urge Buhari to call NFIU to order Over Joint Account Nigeria’s 36 governors have approached the President Muhammadu Buhari on the decision by the Nigerian Financial Intelligence Unit (NFIU) to dabble into a matter that is beyond its mandate. The...

Nigeria’s GDP Grew by 2.01% in Q1 — NBS

Nigeria’s GDP Grew by 2.01% in Q1 — NBS The National Bureau of Statistics (NBS), said the nation’s Gross Domestic Product (GDP) grew by 2.01 per cent (year-on-year) in real terms in the first quarter of 2019. The NBS said this...

We Disbursed N691.560bn Paris Club Refunds in March – Finance Minister

We Disbursed N691.560bn Paris Club Refunds in March – Finance Minister … No new refunds pending The Minister of Finance, Mrs Zainab Shamsuna Ahmed, Monday, clarified that the N691.560 billion Paris Club refunds has already been disbursed to states since March...

U.S. may enter recession as trade tensions heighten

U.S. may enter recession as trade tensions heighten U.S.-China trade war has boosted the risk of a U.S. recession, say a strong majority of economists polled by Reuters, who now put the chances of that happening in the next two...

20% MTN shares for Nigerians

20% MTN shares for Nigerians Mr Terri Moolman, MTN Chief Executive Officer said that the listing of the company at the Nigerian Stock Exchange (NSE) would afford Nigerians the opportunity to own 20 per cent of the company’s shares. The exchange...
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