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Economics

Economics FEATURED Latest TOP STORIES 

#ENDSARS protests, strong signal to address poor state of economy – CSLS

October 16, 2020October 16, 2020 Markets Reporters 0 Comments #ENDSARS, CSL Stockbrokers

CSL Stockbrokers Limited, a member of the FCMB Group, has said the Nigerian government needs to see the lingering #ENDSARS

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Economics FEATURED Latest TOP STORIES 

Nigeria, SSA peers received $39bn long-term debt inflows in 2019 – World Bank

October 12, 2020October 12, 2020 Markets Reporters 0 Comments Long-term debt inflows, Sub-Saharan Africa, World Bank

Countries in Sub-Saharan Africa accounted for the largest share (24 per cent) of $162 billion net long-term inflows to low-

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Economics FEATURED Latest TOP STORIES 

Nigeria’s fashion industry rakes in N2tn yearly, says FG

October 12, 2020October 12, 2020 Markets Reporters 0 Comments Lai Mohammed, Nigerian fashion industry

Nigeria’s fashion industry generates annual revenue of around N2 trillion and employs over 30,000 practitioners, the Minister of Information and

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Economics FEATURED Latest TOP STORIES 

LCCI laments challenges facing businesses at Nigerian ports

October 11, 2020October 11, 2020 Markets Reporters 0 Comments LCCI, Nigerian ports

The Lagos Chamber of Commerce and Industry has said Customs processes and procedures for the clearance of cargo at Nigerian

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Economics FEATURED Latest TOP STORIES 

Nigeria becoming economic basket case, says ex-President Obasanjo

October 11, 2020October 11, 2020 Markets Reporters 0 Comments Economic basket case, Nigeria, Olusegun Obasanjo

A former President, Chief Olusegun Obasanjo, has said Nigeria is becoming an economic basket case. The country has seen its

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Economics FEATURED Latest TOP STORIES 

CSLS raises concern over Nigeria’s rising budget deficit

October 9, 2020October 9, 2020 Markets Reporters 0 Comments budget deficit, CSL Stockbrokers, Nigeria

CSL Stockbrokers Limited, a subsidiary of FCMB Group Plc, has expressed concern over the rise in budget deficit in Nigeria.

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Economics FEATURED Latest TOP STORIES 

World Bank cuts economic forecast for Nigeria, sees 4.1% contraction

October 8, 2020October 8, 2020 Markets Reporters 0 Comments economic forecast, Nigeria, World Bank

The World Bank has revised its 2020 forecast for Nigeria’s economy to -4.1 percent, saying the country’s near-term outlook is subject

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Economics FEATURED Latest TOP STORIES 

Nigeria’s oil revenue rises by 168% above budget target

October 8, 2020October 8, 2020 Markets Reporters 0 Comments Budget, Muhammadu Buhari, Oil revenue

Oil revenue generated by the Federal Government as of July this year was 168 percent higher than the target in

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Economics FEATURED Latest TOP STORIES 

COVID-19’ll push 40 million Nigerians, others into extreme poverty – World Bank

October 8, 2020October 8, 2020 Markets Reporters 0 Comments COVID-19, Extreme poverty, Nigerians, World Bank

The number of people in extreme poverty in Nigeria and other sub-Saharan African countries will swell by 40 million as

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Economics FEATURED Latest TOP STORIES 

COVID-19: 150 million risk extreme poverty, says World Bank

October 7, 2020October 7, 2020 Markets Reporters 0 Comments COVID-19, Extreme poverty, World Bank

The COVID-19 pandemic is estimated to push an additional 88 million to 115 million people into extreme poverty this year,

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