IMF Raises It's Forecast For Nigeria's Economic Growth To 3.4%
The International Monetary Fund (IMF) has raised its forecast for Nigeria’s economic growth in 2022 to 3.4 per cent, citing increase in crude oil prices.
However, the IMF reduced its projection...
Cut In Russian Output Widens OPEC+ Supply Gap In March
The Organisation of Petroleum Exporting (OPEC+) produced 1.45 million barrels per day (bpd) below its production targets in March, a Reuters report has shown.
The reduction in output was mostly on...
Top Dignitaries Grace the Unveiling of Ike Neliaku's Book on 7 Conspiracy of Power
The book ‘7 Conspiracies of Power: Why Some Leaders Succeed and Others Fail’ was presented recently in Abuja at the Nigerian Army Resource Centre.
The event was...
WCID 2022: As NITDA Expands Collaboration for Innovative Entrepreneurship, by Inyene Ibanga
Creativity and innovation constitute the core of the sustainable technological transformation of any society. These twin elements are major determinants of the prosperity of nations and the well-being...
BDCs Suspension Worsening Dollar Scarcity - ABCON
The Association of Bureaux De Change Operators of Nigeria (ABCON) said that the widening gap between the official and parallel market exchange rates is driven by acute dollar scarcity due to the continued...
Consumer Credit Rises By 40% To N2.1trn — CBN
The Central Bank of Nigeria (CBN) said that consumer credit rose 40 per cent, year-on-year, YoY, to N2.1 trillion in November last year from N1.5 trillion in November 2020, driven by...
