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Economics

Economics FEATURED Latest TOP STORIES 

Nigeria can avoid economic recession, says CBN

May 28, 2020May 28, 2020 Markets Reporters 0 Comments CBN, Godwin Emefiele, recession

The Monetary Policy Committee of the Central Bank of Nigeria has said the country can avoid an economic recession this

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Economics FEATURED Latest TOP STORIES 

SIMPLIFIED: How Nigeria’s economic sectors fared in Q1 2020

May 26, 2020May 26, 2020 Markets Reporters 0 Comments GDP, NBS, sector performances

The National Bureau of Statistics released on Monday the Gross Domestic Product report for the first quarter of this year,

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Economics FEATURED Latest TOP STORIES 

Nigeria, others should implement AfCFTA promptly, says Oramah

May 25, 2020May 26, 2020 Markets Reporters 0 Comments AfCFTA, Afreximbank, Benedict Oramah

Amid the economic fallout from the COVID-19 pandemic, African countries have been advised to implement the African Continental Free Trade

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Economics FEATURED Latest TOP STORIES 

Africa now epicentre of pandemic-induced economic devastation – Afreximbank

May 25, 2020May 26, 2020 Markets Reporters 0 Comments Afreximbank, Africa, Benedict Oramah, COVID-19 pandemic

Africa has become the epicentre of the economic devastation brought on by the COVID-19 pandemic, the African Export-Import Bank has

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Economics FEATURED Latest TOP STORIES 

Nigeria’s economic growth falls to 1.87% in Q1

May 25, 2020May 25, 2020 Markets Reporters 0 Comments NBS, Nigerian economy

Nigeria’s economic growth rate slowed to 1.87 percent in the first quarter of this year, the National Bureau of Statistics

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Economics FEATURED Latest TOP STORIES 

Nigeria’s economy faces stagflation, says FDC

May 23, 2020May 23, 2020 Markets Reporters 0 Comments Bismarck Rewane, FDC, Nigerian economy, stagflation

Nigeria, Africa’s biggest economy, is facing the prospect of stagflation, the Financial Derivatives Company has said, as inflation rate rose

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Economics FEATURED Latest TOP STORIES 

Inflation rate hits two-year high in Nigeria

May 22, 2020May 22, 2020 Markets Reporters 0 Comments Inflation rate

Nigeria’s inflation rate rose by 12.34 percent year-on-year in April from 12.26 percent in the previous month, the National Bureau

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Economics FEATURED Latest TOP STORIES 

Nigeria’s finance minister says economy could shrink by 8.9%

May 22, 2020May 22, 2020 Markets Reporters 0 Comments Nigerian economy, recession, Zainab Ahmed

Nigeria’s economy could shrink as much as 8.9 percent in 2020 in a worst-case scenario without stimulus, the Minister of

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Economics FEATURED Latest TOP STORIES 

Oil output cut will deepen Nigeria’s economic recession – Fitch

May 18, 2020May 18, 2020 Markets Reporters 0 Comments

Nigeria’s adherence to oil production cuts under the OPEC+ agreement will lead to deeper economic contraction and fiscal deficits and

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Economics FEATURED Latest 

ABCHealth gets new CEO, set to transform Africa’s healthcare

May 16, 2020May 16, 2020 Markets Reporters 0 Comments ABCHealth, Mories Atoki

The African Business Coalition for Health has announced the appointment of Mories Atoki as Chief Executive Officer following the unanimous

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