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FG to Float Diaspora Bond Soon, Targets $21bn

The Federal Government will soon float a Diaspora bond to tap into the resources of Nigerians living abroad as one of the measures to overcome recession, the Senior Special Assistant to the President on Diaspora and Foreign Affairs, Mrs. Abike Dabiri-Erewa, has said. Dabiri-Erewa said...

Challenges of Manufacturers in an Economic Recession

“Expectation of an early reprieve for Nigeria’s embattled economy was laid to rest as the Manufacturer Association of Nigeria (MAN) said the country’s chances of coming out of the current recession before the end of the first quarter of 2017 was slim”. The above statement...

Recession: Nigerians List Opportunity Costs

As Nigerians list opportunity costs of the present hard times and steps the Governments is taking to rescue the economy from the current shambles, the Africa’s richest man, Alhaji Aliko Dangote, recently suggested sales of some of the national assets in order meet urgent...

Between Recession and the Sales of National Assets

The way out the current economic challenges in Nigeria has continued to generate debate among Nigerians both at home and in Diaspora. As a matter of fact, recently the Senate President Bukola Saraki made a suggestion that President Mohammadu Buhari led administration should put...

Economic Recession: The Solution Is In Our Hands

Numerous narratives and buck passing predating the official pronouncement of the economy entering recession have been so entertaining, warped and quite unrealistic. Commentaries by captains of industry and financial cum economic technocrats blaming the CBN and the current administration of President Muhammadu Buhari for...

Recession: Senate Rejects Bailout for Aviation Sector

The Senate has rejected proposal to give bailout fund to airline operators in the country. Moving a motion tagged: “The looming crisis in the Nigerian aviation industry,” Senator Samuel Anyanwu (PDP, Imo ) said there was need for the federal government to grant the bailout...