Politics
General news on the economy and politics.
UDO UDOMA IS NEW CHAIRMAN OF UNION BANK.
One of Nigeria's oldest bank has announced Senator Udo Udoma as their new Chairman. Union Bank announced the appointment...
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CBN SAYS “WE DO NOT HAVE THE CAPACITY TO BAN — USE OF DOLLAR FOR LOCAL TRANSACTIONS”
In response to the House of Reps resolution that the CBN should ban the use of dollars for transactions...
Read moreDetailsNIGERIAN TREASURY BILLS YIELD NOW AT 16 MONTH LOW
The CBN announced that its one year Treasury Bill Yield fell to its lowest in about 16 months as off...
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NIGERIANS NOW TRANSFER N40B DAILY VIA NEFT AND NIP
"The Nigerian Inter Bank Settlement System (NIBSS) under its NIBSS Instant Payment (NIP) and Nigerian Electronic Fund Transfer (NEFT) claims...
Read moreDetailsNIGERIA’S MAJOR ECONOMIC NEWS WEEKLY ROUNDUP – (17-22 SEP 2012)
WEEKLY ECONOMIC ROUNDUP NSE 30 INDEX NEWS The NSE 30 closed at 1,214.05 points a 1.71% rise from 11,93.68...
Read moreDetailsSPENDING SPREE? N10TR IS THE AMOUNT SPENT BY G.E.J AS AT JUNE 30, 2012
If you are like me thirsty for economic data, then the Central Bank's second quarter economic report is one with...
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IS THE NEW N5K NOTE A PRELUDE TO $1=N200? FOR NOW ITS A RUMOR BUT…..?
On a faithful day on the 3rd of December 2008 Nigerians woke up to a 6.58% depreciation of the Naira...
Read moreDetailsTHE NEW N5,000 NOTE, A “CURE” FOR A DYING NAIRA…?
Yesterday, the CBN announced yet another plan to coin lower denominations, introduce higher denominations and enhance the quality and appearance of...
Read moreDetailsBREAKDOWN OF NIGERIAN PUBLIC DEBT AS A PERCENTAGE OF GDP
Its no news that Nigeria's public debt has been on the rise over the last few years. However, the CBN...
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POWER GENERATION IN 2011 WAS THE BEST WE HAVE SEEN IN RECENT TIMES??
Well if this following chart is anything to go by then 2011 may well have been the best. In fact...
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