FG announces when new minimum wage will commence

The Minister of Labour and Employment, Senator Chris Ngige has brightened the hope of Nigerian workers, as he made known that new national minimum wage will...

CBN Just Crashed Interbank Rates To A 3 Year low With This New Rule

Nigeria's interbank lending rates slipped to a three-year low after the central bank announced a restriction on the volume of idle cash that banks...

Difference Between WDAS & RDAS

The Central Bank recently introduced sweeping Foreign Exchange guidelines that is expected to eliminate or drastically reduce money laundering as we approach another election...
Xi Jinping and Buhari

Nigerian assets that may be taken over by China

In the past three years, Nigeria has gotten over $5 billion loan from the People’s Republic of China.

[NEW CIRCULAR] CBN Confirms Nigerians Can Buy Forex for BTA, PTA, Medical etc at...

The CBN has issued yet another circular informing Nigerians that all legitimate request for foreign currency for eligible transactions such as...
Oby Ezekwesili

Does Oby Ezekwesili have the economic solution Nigeria seeks?

Mrs Oby Ezekwesili has joined the list of those vying to occupy Nigeria's highest public office come 2019.
Global Crude Oil Prices

Godwin Emefiele’s forecast on oil price could be wrong

Dr Godwin Emefiele stated that he does not see crude oil trading below $80 per barrel for the rest of 2018.
Nigeria versus Process and Industrial Developments (P&ID)

REVEALED! Names of high profile Nigerians banned from travelling outside the country

President Buhari ordered security agencies to place high profile Nigerians who are directly affected by Executive Order 6, under watch list.

Ten Areas Buhari Has Failed Nigerians

President Muhammadu Buhari was elected last year amid a yearning by Nigerians for committed focused leadership on all fronts. Ten months into his presidency,...

Nigeria GDP Report: These Are The Sectors To Invest In That Are Still Growing

The National Bureau of Statistics (NBS) released its GDP data for the fourth quarter of 2015 showing that not surprisingly growth in Nigeria, Africa’s...

Why Nigerian FMCG companies are falling off a cliff

FMCG profits have declined sharply as the firms reel from the impact of macro-headwinds and plunge in purchasing power. Nigerian FMCG firms are having a...

A look at projects in Lagos State that may suffer after Ambode’s exit

It is no longer news that Lagos State Governor Akinwumi Ambode failed in securing his party’s ticket to contest in next year’s gubernatorial election

[Non-Oil Export] Anambra State To Export Ugu Leaves, Others For $5.2bn

Anambra State and ABX World, in alliance with Arik Air and Skyway Aviation Handling Company have signed a deal to start exporting agro-allied produce...

How Per Capita Income Of A Country Is Calculated

Per capita income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year. It is...

How British Visa Fees Will Be Paid In Naira

The British High Commission (BHC) in Nigeria has explained that while its visa fees are denominated in dollars, the payment can be made in...

Profile of Zainab Ahmed, Minister of State for Finance

Following the resignation of Kemi Adeosun as Minister of Finance, President Muhammadu Buhari has instructed the Minister of State for Finance and Budget Planning Zainab Shamsuna Ahmed to superintend the affairs...
Dangote, Blackstone Group, Black Rhino

Blackstone pulls out of $5 billion pact with Dangote

Blackstone Group LP is withdrawing its pact and exiting from its Africa subsidiary, Black Rhino Group.

Why the NCC is suspending the allocation of 5G frequency

NCC's Umar Danbatta disclosed that the Commission is suspending these potential frequency spectrum allocations for 5G services- 26GHz, 38Ghz and 42Ghz bands
Atiku Abubakar

Atikulated Economy: What to expect from Atiku if he wins 2019 elections

On Sunday, former Vice President of the country, Atiku Abubakar, won the presidential primaries of the Peoples Democratic Party (PDP) with 1532 votes, beating...

Federal Government Finally Removes Fuel Subsidy, Petrol Will sell For N145/litre

The Federal Government has finally announced the removed subsidy from sale of Premium Motor Spirit, PMS, also known as petrol with immediate effect. The Nigerian...
Nigeria's 2019 presiential election

Do Foreign Investors want President Buhari to lose the election?

Nigeria's 2019 presidential election will finally be happening on Saturday February 16th. And from all indications, many prefer the incumbent to lose.
CBN Gov Godiwn Emefiele

Government policies that affects Small and Medium Scale Enterprises (SMEs)

Every business operates within an economic environment and are therefore susceptible to the changes that takes place in the economic policies overtime. This makes it...

These Are The Factors Behind The Current Fuel Scarcity In Nigeria

Nigerians are currently experiencing another round of fuel scarcity, and the situation which started last week is showing no signs of abating. In Lagos,...

Buhari’s Speech At The Signing Of The 2016 Budget

It gives me great pleasure today to sign the first full-year budget of this administration into law. I thank the leadership of the National...

Nigeria’s Top 10 Banks According to Deposit Base

Nigeria's top 10 banks according to deposit base as at 2015 end are revealed.
The Minister of Finance, Zainab Ahmed

What becomes of President Buhari’s economic policies if he loses 2019 election?

As Nigeria’s highly-contested 2019 presidential election gradually approaches, there are strong indications that the electorates may decide to choose someone else (asides the incumbent), to administer the affairs of the country.

Budget 2016: FG Will Commence Release Of Funds For Capital Projects From Friday

Minister of Budget and National Planning, Senator Udo Udoma, on Thursday presented the N6.06 trillion 2016 Budget breakdown in Abuja. Udoma said the ...
Nigeria's 2019 presidential election, Atiku vs Buhari, Nigeria's 2019 election

Whoever wins Saturday’s election has their job cut out for them

The most important presidential election in Africa in 2019 is finally about to happen. And as expected, many people are agitated.

Again IMF Slashes Nigeria’s Growth Forecast

The International Monetary Fund, Thursday, announced that it has again cut its growth forecast for Nigeria as the nation faces "substantial challenges" from low...

What You Should Know About Macro-Economic Indicators

Macro-economic Indicators Macroeconomic indicators are statistics that provide measurements for evaluating the current status and health of the economy of a country depending on...


shortlisted applicants for the 2019 Tony Elumelu Entrepreneurship Programme

List of successful applicants for TEF 2019 announced

See the complete list of the shortlisted applicants for the 2019 Tony Elumelu Entrepreneurship Programme.
Cadbury Nigeria Plc appoints new managing director

Cadbury Nigeria Plc appoints new managing director

Cadbury Nigeria Plc today announced the appointment of Mrs. Oyeyimika Adeboye as Managing Director, effective 1st April 2019. Mrs. Adeboye takes over from Mr. Amir...
Businesses in Nigeria | Make money from a single product

How to make $1bn from a single product in Nigeria

Nigerian businesses owned by foreign nationals have thrived. Here's a look at how they did it.