News
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Global economists predict stagflation for Nigeria
Global economists has predicted stagflation for Nigeria ;In economics, stagflation or recession-inflation is a situation in which the inflation rate…
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MTN’S HIGH LEVERAGED POSITION : A CHINCK IN ITS ARMOUR ?
Excessive use of debt financing against equity forces MTN to deliver Lilliputian net incomes against its leviathan turnovers . For…
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Man arrested for allegedly k*lling his three children and dumping their bodies in a freezer in Enugu
Police Operatives attached to Enugu Metro Area Command of Enugu State Police Command, on January 4, arrested 52-year-old Ifeanyi Amadikwa,…
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FG Vows To Resolve FOREX Conundrum Facing Manufacturing Sector
A Punch news report states that the federal government has assured manufacturers of its relentless efforts at improving the state…
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Nigeria’s external reserve closes at $40.49 in first week of 2022
According to data from the Central Bank of Nigeria (CBN) on the daily reserve movement. Nigeria’s external reserve dipped $24.3…
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Nestle, others, drag NGX market capitalization down by N20.38 billion
The NGX closed on a negative note to sustain the rally amidst sell-offs and buy-interests as the benchmark All-Share Index…
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Nigeria Should Grow its Non-Tax Revenue and Issue Interest-Free Debt in 2022 – Ayo Teriba
As Nigeria navigates 2022 described as a “Pre-election Year” in the country, fiscal policy authorities have been advised to grow…
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Nigeria’s private sector borrows N5.16 trillion from banks in 11 months 2021
Private sector credit rose to a record high of N35.31 trillion as of November 2021, representing N5.16 trillion net new…
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FGN Budget – An Expansionary Stance in 2022
The 2022 FGN budget titled Economic Growth and Sustainability was signed by President Buhari on 31 December’21. The aggregate expenditure…
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United Bank for Africa Plc Share Price depreciated by 0.6% WOW
United Bank for Africa Plc depreciated by 0.6% as its market capitalization closed the week at N273.60 billion, with its…
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