CATEGORY: ECONOMY


Expired Oil Licenses Are About To Cost Nigeria $2 Billion Signature Bonuses

Nairametrics| According to Guardian, about 51 oil prospecting licenses and oil mining licenses of different oil blocks in the...




Adeosun Insists Govt Policies Not OPEC Will Get Us Out of Recession

In order to fund the 2017 budget – its largest budget ever, Nigeria has borrowed extensively from foreign development...




An Ugly Data Showed Up In March Inflation Report

Nairametrics| The National Bureau of Statistics released its 2017 March Consumer Price Index showing inflation rate rose 17.26%. This...



IMF and the Naira Valuation: Hidden Intentions or Naive Estimation

Nairametrics| Last week, the International Monetary Fund (IMF) released its Article IV report on Nigeria, which essentially is the...




Ex CBN Governor Soludo Criticizes Government’s Recovery Plan

Nairametrics| Central Bank Governors by nature are slow to speak. The slightest misinterpretation of their words, can send the...


Naira Struggles: And Another One

Nairametrics| This is really becoming tiring but we must. The central bank announced yet another intervention program disguised as...


Fitch Rates Nigeria’s Eurobond B+; Here’s What It Means

Not really the most confident outlook in the...



CBN To Increase List Of Banned Items

Nairametrics|Despite criticism from various quarters, the Central Bank of Nigeria will continue with its present foreign exchange policy. The...


The Week Ahead: We Need A Ladder Not A Spade

Nigeria has endured a week of rumours surrounding the health of President Muhammadu Buhari. “News” of his purported death...


Implications Of The CBN Circular on Virtual Currencies (VC) Operations In Nigeria

The Central Bank of Nigeria (CBN) yesterday released a circular concerning Virtual Currency (VC) operations in Nigeria. While the...



This State Governor Has Exempted Lower Income Earners From Paying Taxes

Nairametrics| The Cross-river state governor, Ben Ayade has disclosed at the State Executive Council Chambers, Calabar after the signing...