economy
-
People & Money
Post-Lockdown Recovery Puts China On Fast Track to Become Largest Economy
China is bouncing back relatively quickly from the new coronavirus pandemic and impressively. The Chinese economy returned to pre-pandemic growth…
Read More » -
People & Money
China to Become World’s Biggest Economy In 8 Years – Report
China will become the world’s biggest economy before the end of the decade, overtaking the United States, Britain-based consultancy Centre…
Read More » -
People & Money
Nigerian Economy At Risk of Falling Apart – World Bank
The weight of the pandemic outbreak on the Nigerian economy will send personal incomes back to the levels they were…
Read More » -
People & Money
New CBN Special Bills A Boost to Banks’ Liquidity, Economic Activity
The Central Bank of Nigeria (CBN) this week approved the release of banks’ excess Cash Reserve Ratio (CRR) as part…
Read More » -
People & Money
Nigeria Enters “Technical Recession”, Deepest Since 1987
A technical recession is often caused by a single event e.g. the fall in oil prices or an outbreak of…
Read More » -
People & Money
Nigerian Markets Last Week: Oil to Rebound in 2021, Economy in Recession as Inflation Passes 14%
The Nigerian Markets report for the week ended November 20, 2020. Stock Market After recording a historic surge the previous…
Read More » -
People & Money
Nigerian Banks Could Fail Survival Tests if Economy Contracts Further
Nigerian banks face the risk of falling below minimum capital buffers demanded by regulatory authorities in case the economy tightens…
Read More » -
People & Money
Nigeria Recorded N409bn Fiscal Deficit in August – Report
The Nigerian government recorded a fiscal deficit of N409.39bn in August, a report by the Central Bank of Nigeria (CBN)…
Read More » -
People & Money
Consumers’ Confidence in Economy dipped in Q3 2020
A survey of the Central Bank of Nigeria has shown that consumers’ confidence in the economy dropped in the third…
Read More » -
People & Money
#ENDSARS: Nigeria Loses N700bn to Protests, Unrest – LCCI
The Lagos Chamber of Commerce and Industry (LCCI) has said that the Nigerian economy lost about N700 billion to the…
Read More »