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Trade War: Adopt Policies To protect Nigeria’s Economy – Emefiele

Trade War: Adopt Policies To protect Nigeria’s Economy - Emefiele   Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele Wednesday said that Nigeria should take a cue from the ongoing global trade war by adopting policies to protect the local economy. Emefiele made this call...

Forbes Kicks Against IMF’s Rating Of Nigeria’s Economy

Forbes Kicks Against IMF's Rating Of Nigeria’s Economy   Forbes has disagreed with the International Monetary Find (IMF) over Nigeria’s economic growth in 2018 and projections for 2019. Whilst Forbes sees Nigeria’s economy as the most performing in Africa in 2018, with good prospects for 2019, IMF...

Experts Express Optimism On Nigeria’s Economy

Experts Express Optimism On Nigeria’s Economy   Some financial experts, on Tuesday, say the Nigerian economy is faring well despite the drop in the foreign reserve, attributing this to some economic policy failures. The experts made this observation in separate interviews with the News Agency of Nigeria...

Economy Losing Over N6.16trn From Apapa Chaos Monthly

Economy Losing Over N6.16trn From Apapa Chaos Monthly   The Nigerian economy is currently losing about N600 billion in customs revenue, estimated $10 billion (N3.06 trillion at N306.35/$1) on non-oil export and about N2.5 trillion corporate earnings across the sectors on a yearly basis, latest data...

$2 Billion Ibom Deep Seaport To Revitalize Economy

$2 Billion Ibom Deep Seaport To Revitalize Economy The much anticipated $2 billion Ibom Deep Seaport project is closer to actualization, following the opening of the bid process in Lagos recently. Economic Confidential learnt that the three firms shortlisted for the bid process, Bollore & China...

How Economy Lost Single Digit Inflation Target

How Economy Lost Single Digit Inflation Target The 18-month consecutive fall in inflation rate, had in the last two months, lost momentum in making more significant decline, as food prices, now coupled with assessed harvest failures, worsened outcome. Consequently, the nation’s inflation numbers returned to negative...