6.1% Economy Shrink: FG Won’t Be Able To Service Rising Debts, Fund Budget – MAN, LCCI       Key players in the nation’s economy including the Manufacturers Association of Nigeria and the Lagos Chamber of Commerce and Industry on Monday said the government may not able to...

Economy To Shrink By 5.2% In 2020, Says NESG       The Nigerian Economic Summit Group (NESG) has said the economy will shrink by 5.2 percent this year. It called for effective implementation of palliative measures designed to mitigate the effects of COVID-19 on the economy. The NESG board...

Businesses Groan As COVID-19 Impact On Economy Worsens     The Coronavirus (COVID-19) pandemic raises several challenges across different sectors of the economy. No sector from banking, telecoms, manufacturing, e-Commerce among others are exonerated from the uncertainty and rising costs of operations triggered by the pandemic. Therefore,...

Credit To Economy Rises By 6.3% To N38trn     Credit to the economy rose by 6.3 percent to N38 trillion in the first half of the year (H1’2020) driven by 9.85 percent upsurge in credit to the federal government. This reflects the impact of the various intervention...

The New Normal in Business and Economy By Abraham John Onoja     As the COVID19 pandemic continues to ravage the world, leaving citizens of the world a new world order, businesses need to navigate their financial and operational obligations. They are also expected to meet the needs...

Credit To Economy Rises By 21.5% To N18.9trn     The Central Bank of Nigeria (CBN), yesterday, disclosed that total gross credit to the economy grew by N3.3 trillion or 21.5 per cent to N18.9 trillion at the end of June 2020, from N15.56 trillion recorded previous...