REACTIONS yesterday trailed the Nigerian Bureau of Statistics (NBS) Second Quarter Report that the economy has sunk into recession. The reactions came from stakeholders in the economy, including manufacturers and analysts. In the report, released […]
How can Nigeria revive its economy? The Federal Government should pump money into infrastruture development, which will create more jobs and boost liquidity, economists and private sector players said yesterday.
A day after Aero Contractors announced the suspension of operations and placed staff on indefinitely leave, another national airline, First Nation, has closed business. The National Civil Aviation Authority announced on Thursday that First Nation […]
A total N215 billion in import duty exemptions was granted in four years, between 2011 and May 2014 under the leadership of ex-President Goodluck Jonathan, PREMIUM TIMES can report today. Most of the waiver deals, […]
What can a President do in a troubled economy? Anything except work magic to revive it. Matters of ‘economics’ lend not to such supernatural sleight of hand. To exit the bad times, a President must […]
The Minister of Finance, Mrs. Kemi Adeosun, on Wednesday admitted that Nigeria was in its worst possible time with the Gross Domestic Product figures for the 2016 second quarter released by the National Bureau of […]
The many controversies dogging the 2016 budget provide an opportunity for Nigeria to undertake a comprehensive budget reform that will close the structural and procedural gaps which limit transparency and accountability in the budget process. […]
The bar and the bench, within the same age group, are contributing their own quota to the malaise through undue court processes and delayed justice or contradicting judgments. It is becoming very clear that no […]
The Peoples Democratic Party on Wednesday railed against President Muhammadu Buhari, accusing his administration of incompetence, and saying he should step down after the nation slipped into economic recession. “We join all well meaning Nigerians […]
Charles Soludo, former governor of the Central Bank of Nigeria (CBN), has expressed support for President Muhammadu Buhari’s emergency economic bill aimed at reviving the economy. In a mini-blueprint for the All Progressives Congress (APC), […]
Anytime I hear Nigerian presidents, ministers, governors, economists, analysts and commentators declare that agriculture is the alternative to oil, and that the solution to Nigeria’s economic woes is to return to the farm, I am […]
NIGERIA is in such a mess economically at the moment, and I feel we need all the help we can get if we are to get out of the situation. There are economic experts who […]
Why is Nigeria poor? Nigeria is poor because she champions all the indices of underdevelopment. Poverty pervades the land because there is nothing to show for decades of revenue from oil; with the attendant lack […]
There is an emerging debate that since the Nigerian government buckled to float the naira, with the parallel and official rates of exchange still widely far apart, whether the flexible exchange rate policy was the […]
There is an emerging debate whether since the Nigerian government buckled to float the naira, with the parallel and official still widely far apart, the flexible exchange rate policy was the right thing after all. […]
The last few months have witnessed a number of policy shifts that cannot but be of immense benefits to the Nigerian economy. Unfortunately, the policy shifts are in the short run injurious to well-being but […]
President Muhammadu Buhari said on Sunday that Nigeria would be one of the top countries on the World Bank’s Ease of Doing Business index in the next three years. Nigeria is currently ranked 169 out […]
LAGOS — Lagos Chamber of Commerce and Industry, LCCI, yesterday, blamed the current lull in Nigerian economy on inability to regain the confidence of investors, both local and foreign, which had resulted in uncertainty in […]
OTUOKE—Former President Goodluck Jonathan has said that Nigerians must be prepared to protect and develop the country at all times. He said that the current challenges Nigerians were facing were transient as the country would […]
From searching the globe in search of oil deals with intense geopolitical ramifications like Sudan, Niger, Iraq and Venezuela, to cutting a controversial multi-billion dollar oil deal in Canada’s oil sands play, China has become […]
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