economy
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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…
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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)…
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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…
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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…
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Uncategorized
Audit Income of the Big Four Firms Jumps After Rise in Fees
The audit revenue of the big four accounting firms expanded at a multiyear-record rate in 2019, far surpassing their less…
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People & Money
How Macroeconomic Instability Affected Nigerian Bourse – PwC report
Global consulting firm, PricewaterhouseCoopers (PwC), has said that the macroeconomic instability in Nigeria impacted investors and issuers confidence in the…
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People & Money
COVID-19: Nigerian Economy Loses Over N1.4 Trillion in One Year – PwC Report
Following the outbreak of the coronavirus, economic activities in Nigeria took a hit as supply and demand slowed down amidst…
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People & Money
Nigerian States Generate N612bn in First Half 2020
The 36 Nigerian states and the FCT generated a total of N612.87 billion in the first half of 2020, according…
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People & Money
Telcos Record 203 Million Active Subscribers in August
Data released by the Nigerian Communications Commission (NCC) has revealed that active subscriptions for mobile telecommunication services in Nigeria increased…
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People & Money
Nigeria-Niger Rail Project Driven by Economics, Not Politics – Amaechi
Nigerian government’s resolve to develop a railway network in northern Nigeria that connects Kano to Katsina and then the city…
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