CATEGORY: ECONOMY

More questions arise as World Bank loans Nigeria another $961 million

The World Bank has approved another $961 million loan for the implementation of 2 program for results operations in...


130% Oversubscribed: These factors may have led to a successful initial Diaspora Bond sale

Nigeria was able to successfully raise $300 million in its first ever diaspora bond at at coupon rate of...




Shareholders want to take Arik back as plans to settle its N160 billion debt is underway

Shareholders of Arik Air seem to be planning a revival of the company’s fortunes as they seek to regain...





Why Osinbajo failed to sign 2017 Budget on Thursday

Acting President Professor Yemi Osinbajo failed to sign the 2017 Federal Budget on Thursday as expected. The budget which...


Kwara State is offering 5 year tax holiday for Startups and SME’s

In a move designed to wean the state from its dependence on crude oil allocations and increase employment opportunities,...







5 takeaways from CBN’s February Banking Report

Nairametrics| The Central Bank of Nigeria (CBN) has released its February report on the banking industry. With not so...



Why the Senate is investigating banks and oil majors over capital flight

Nairamterics|A joint senate committee has begun investigating several banks in the country over crude oil proceeds from oil companies....


Relocation of Computer Village: A timeline of events

The drama and tension accompanying the proposed relocation of the renown Computer Village in Ikeja, Lagos State, to Katangora...








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...