There has been a general weakening of economic growth in emerging market economy, the security challenges including insurgency in part of the North East, high rate of unemployment, huge infrastructure and housing deficit among others characterized the Nigerian economic landscape. These however have imposed...

Genetically Modified Organisms (GMO) in layman’s parlance, are organism that have been tweaked, albeit, in a “good way.” Genetic modification, also known as “genetic engineering” is the technologically advanced way of selecting desirable traits in organisms. Modern biotechnology has been able to directly modify...

It is rainy day for the economy! The Minister of Finance, Mrs. Kemi Adeosun officially confirmed to Nigerians last month what economic experts have been hinting at since early this year, that the Nigerian economy is in recession after three straight quarters of negative...

Following the total deregulation of the downstream sector of the oil and gas industry, petroleum products are now thrown up to the forces of demand and supply, most especially, Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO) – diesel. However, the Dual Purpose Kerosene...

The current administration of President Muhammadu Buhari is no doubt known for its anti-corruption drive which it has since pursued with passion right from the beginning of the regime 15 months ago. The Economic and Financial Crimes Commission has been the major driver as...

The National Security Adviser (NSA) Babagana Monguno has said government would withdraw the operating licenses of fertilizer plants in Nigeria over alleged exports that have caused scarcity. He spoke in Abuja during a meeting with representatives of Notore Petrochemical and Indorama Eleme Petrochemical, the only...