Declining economy signposts hard times ahead

– This development will increase poverty – Experts By UCHE CHRIS A worrisome and unexpected report about the economy came from the National Bureau of Statistics, which most informed observers are still trying to digest. The Gross Domestic Product (GDP), the aggregate growth rate of the economy dropped in the first half of the year from 1.9 More...

by Uchenna Ajah | Published 3 months ago
By Uchenna Ajah On Monday, July 23rd, 2018
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Population crisis: Nigeria Analysts raise Alarm

Against increasing concerns about exploding population figures, Nigerian economists, in growing numbers, are raising their voices over an impending tragedy if the current growth rate of 3 per cent per annum is not More...

By Uchenna Ajah On Monday, July 9th, 2018
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Nigeria wallows deeper in debt

–as debt service ratio surges By OKEY ONYENWEAKU Despite warnings from international financial agencies and several independent local economists, Nigeria’s fiscal managers seem to be increasingly pushing More...

By Uchenna Ajah On Sunday, July 1st, 2018
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Big banks in equity market slump

By OKEY ONYENWEAKU Investors are seeking bumper harvests by year end as they begin to cherry pick low priced banking sector stocks. Price earnings ratio (P/E) for banks has continued to dip over the last two quarters More...

By Uchenna Ajah On Sunday, June 3rd, 2018
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Adeosun on the scale: Shaky shaky growth

By TESLIM SHITTA-BEY Finance Minister Kemi Adeosun Even at the best of times the job of Nigeria’s minister of finance has been thankless, tough and  dangerous . A delicate balance between pragmatism and idealism. More...

By Uchenna Ajah On Sunday, May 27th, 2018
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Delayed budget, election anxieties hamper growth

  FELIX OLOYEDE The late signing of the 2018 budget five months into the year has spurred apprehension amongst local economists and foreign investors about the shape of the economy by the coming year-end. Analysts More...

By Uchenna Ajah On Monday, April 23rd, 2018
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The Sterling Bank spreadsheet… an uppity lenders burden

By TESLIM SHITTA-BEY Despite not stirring excitement in recent years, Sterling Bank Plc has run a recession gauntlet and come out looking marvelous. The bank in 2017 grew its gross earnings by slightly under twenty More...

By Uchenna Ajah On Sunday, April 8th, 2018
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UAC loses steam with 61% PAT decline

By OKEY ONYENWEAKU Once-upon-a-time household goods and office equipment giant, UACN, has continued to see its fortunes plummet as the group fails to find ways to stop the decline in corporate earnings. The business More...

By Uchenna Ajah On Sunday, April 8th, 2018
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Gloom over budget as experts query growth forecasts

By UCHE CHRIS With the 2018 budget still to be passed by the National Assembly at the end of the first quarter of the year and the extension of the implementation of the 2017 budget for capital projects to May, More...