Russia-Ukraine War And Nigeria's Economic Turmoil
By Kolawole O. Iyiola
The Russian President, Vladimir Putin had in late February authorized a special military operations against the neighbouring Ukraine. This is to stop the country from joining the western military alliance, the National Atlantic Treaty Organization (NATO),...
Subsidy May Hit N5trn As Oil Hits $140
Oil price yesterday hit S140 per barrel as the Russia-Ukraine war continues.
The spike followed the announcement early yesterday by the United States’ President, Joe Biden, of a ban on Russian energy imports, including oil, coal, and LNG,...
Economic impact of Russia's Invasion of Ukraine on Nigeria-CPPE
According to a report issued by the Centre for the Promotion of Private Enterprises (CPPE), the conflict between Russia and Ukraine will affect the Nigerian economy.NAN reports Muda Yusuf, chief executive officer of CPPE, made the...
Fuel scarcity: Uber, Bolt raise fares
In the midst of Nigeria's fuel crisis, Uber and Bolt, the two most popular ride-hailing companies, raised their fares. Although it's not clear if petrol scarcity is behind the price increase, other modes of transportation in Lagos and other...
