Consumer Credit Hits N1.6trn In January The value of consumer credit in the Nigerian economy fell by four per cent to N1.593 trillion in January 2021. The Central Bank of Nigeria (CBN) revealed this in its monthly economic report for January. It noted that at the aforementioned...

Higher Oil Prices Increase External Reserves By $409m The country’s external reserves returned to a growth path as it gained $409m in two weeks, latest figures from the Central Bank of Nigeria disclosed on Monday. According to the CBN’s figures on movement of reserves, the...

Terrorism Watchlist': Daily Independent Retracts, Apologises to Pantami ... MURIC, Other React to the Fake News   The Daily Independent newspaper has retracted its story and apologised to Nigeria's Minister of Communication and Digital Economy, Isa Ali Ibrahim Pantami over its Publication alleging that Mr. Pantami was...

BUA, Dangote and Price Fixing War, by Muhammad Sagir Bauchi Around October 1929, values of stocks in the New York Stock Exchange (NSE) market dropped to an unprecedented record level. Within three days, many investors loss about five billion dollars. Towards the end of the...

We can't Confirm Pantami on our Watchlist- US Embassy .... Refers PRNigeria to FBI   With condemnations trailing the alleged linking of the Minister of Communications and Digital Economy, Ibrahim Isa Pantami, to Boko Haram and other terrorist groups by a Nigerian newspaper, the Embassy of the...

Africa’s Climate Change Impact Rises To $50bn Annually       The African Development Bank (AfDB) has said the impact of climate change on the continent could rise to $50 billion each year by 2040, with a further three per cent decline each year in gross domestic product...