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Buhari Presents N13.08trn 2021 Budget Proposal

Buhari Presents N13.08trn 2021 Budget Proposal     President Muhammadu Buhari has presented the 2021 budget proposal of N13.08trillion to the National Assembly for consideration and passage into law. The President, who was accompanied by Vice-President Yemi Osinbajo, some cabinet members and presidential aides, arrived the premises of...

The Impact Of International Trade On The Nigerian Economy

The Impact Of International Trade On The Nigerian Economy By Abraham John Onoja     International trade can be referred to as the exchange of goods, services and capital across international borders or territories because there is a need or want of goods or services. Such trade represents...

LCCI Concerned About Food Security, Inflation As Floods Hit States

LCCI Concerned About Food Security, Inflation As Floods Hit States       With food inflation already spiralling out of control, thus putting pressure on disposable income of many households, the Lagos Chamber of Commerce and Industry (LCCI), has expressed concern over the recent incidents of flooding in...

Nigeria’s Debt Fast Becoming Unsustainable, May Reach N34trn – LCCI

Nigeria’s Debt Fast Becoming Unsustainable, May Reach N34trn – LCCI       The Lagos Chamber of Commerce and Industry has said the growing level of Nigeria’s debt is fast becoming unsustainable in the light of dwindling oil prices and production and might hit N34tn by year-end. The President,...

COVID-19 Will Dip Africa’s GDP By $37bn – IATA

COVID-19 Will Dip Africa’s GDP By $37bn - IATA       The International Air Transport Association (IATA) has warned that the damage being done to the African aviation industry and the continent’s economies because of COVID-19 will trigger a dip in the continent’s Gross Domestic Product (GDP)...

Oh Nigeria, what a lost decade!

Oh Nigeria, what a lost decade! By Enobong Udoh     As Nigeria’s government roll out drums to celebrate the country’s 60 years of independence, the research team of Economic Confidential decided to take an in-depth look at the soon to be ended decade to see how the...