Economics
-
Banks run out of new naira, demand soars
The newly redesigned N1,000, N500 and N200 bills finally became a legal tender on December 15, 2022, over three weeks after…
Read More » -
Adoption Of Climate Info Will Help Farmers Reduce Losses – NiMET
NiMET insisted that utilisation of climate information by farmers is key to achieving food security in Nigeria. The agency, therefore,…
Read More » -
A Different Economics for 2023
At the last count, two of the leading candidates for the 2023 presidential election have addressed the private sector on…
Read More » -
Fasten your seatbelts — How to navigate the economic turbulence ahead
2022 has been a critical year for the Nigerian economy. War in Ukraine and the aftermath of the COVID-19…
Read More » Strike: FG, not ASUU, proposed revitalisation fund – Union
The Academic Staff Union of Universities has clarified that the N1.1 trillion fund for the revitalisation of public universities was…
Read More »-
APC wants to use, dump Jonathan – Activist
Activist and Convener of Concerned Nigerians, Deji Adeyanju, has said that the All Progressives Congress is planning to use and…
Read More » -
THE Federal Government has shut down Scorpion Oil Services for carrying out offshore operations without approval and also violating the provisions of the Factories (Diving at Work) Regulations, 2018. The company was also closed for non-compliance with the diving regulations. According to a statement on Monday by the Federal Ministry of Labour and Employment, the Director of Factories of the Federation, Lauretta Adogu and the Chief Inspector of Diving, Julius Ugwala, disclosed that a monitoring exercise was conducted, which was meant to ensure full compliance with Nigeria’s Factories (Diving at Work) Regulations,2018.
THE Federal Government has shut down Scorpion Oil Services for carrying out offshore operations without approval and also violating the…
Read More » -
Prosperous Companies, Poor People; Does Capitalism Push Citizens into Poverty?
There are 4 major economic systems around the world through which the factors of production are owned, controlled and deployed.…
Read More » -
Banks record N1.21tn non-performing loans
The total non-performing loans in the banking sector hit N1.21tn as of the end of February 2022, figures obtained from…
Read More » -
Nigerians defy CBN’s ban, double Bitcoin transactions in May – Paxful
Paxful, a cryptocurrency trading platform, has reported a surge in weekly transactions on its Lightning Network. This is despite the…
Read More »