April 20, 2024
Home Posts tagged Economy
Fact Check Features Investigations Top Stories Uncategorized

Poverty and Buhari’s victory in 2019 presidential election

By Theophilus Abbah 390 0
Was it by coincidence that President Muhammadu Buhari, the All Progressives Congress (APC) candidate in the February 23 presidential election, defeated his opponent Atiku Abubakar of the Peoples Democratic Party (PDP) as a result of poverty in Nigeria? Available data on the website of the National Bureau of Statistics shows that Buhari got overwhelming votes […]Continue Reading
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How forex rates adjustments affect Nigeria’s economy

By Ele Ifah Sunday 217 0
On Friday, the Central Bank of Nigeria (CBN) ended all multiple foreign exchange (forex) rates in Nigeria and introduced a somewhat single exchange rate regime, apparently in a move to protect the naira from exchange rate depreciation as the COVID-19 continues to take huge toll on Nigeria’s crude oil earnings and foreign reserves. Some market […]Continue Reading
Business Top Stories

Nigeria’s economy is not working – Dangote

By Ele Ifah Sunday 146 0
…says his firms lost N30bn profit to Apapa gridlock Business mogul and Africa’s richest man, Alhaji Aliko Dangote, yesterday gave a poignant verdict on efforts by successive governments to transform the nation’s economy, saying that Nigeria’s economy is not working. This is as even as he said Nigeria’s economic diversification programme has been largely sluggish […]Continue Reading
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World Bank Approves Nigeria’s Identity Project

By Ele Ifah Sunday 169 0
The World Bank on Wednesday (February 18, 2020) in Washington DC, the United States, approved Nigeria’s digital identity ecosystem project along with five others, aimed at assisting the country to empower citizens, especially marginalized groups, to access welfare-enhancing services. The National Digital Identity Ecosystem Project is focused on enhancing the national Continue Reading
Fact Check Features Opinions Top Stories Uncategorized

Emefiele and financial inclusion in Nigeria

By Theophilus Abbah 175 0
By Andrew Idakwo In developing countries, there is a consistent challenge of ensuring that more and more persons, especially those in the rural areas and the poor, have access to financial services. Therefore, the term ‘financial inclusion’ is a constant recourse when the plight of the rural poor is discussed. Their access to micro-credit schemes, […]Continue Reading
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