…Projects 4 % ($15 bn) deficit of GDP in 2020 By JULIUS ALAGBE Experts have estimated that Nigeria will record current account deficits first time in...
Nigerian economy grew by 1.87 per cent year-on-year in real terms in the first quarter (Q1) of 2020, the National Bureau of Statistics’ (NBS) latest data,...
The Lagos State Government has embarked on a downward review of the year 2020 budget, precipitated by the negative economic and social effects of the Coronavirus...
As CBN fx adjustment erodes capital base By JULIUS ALAGBE The tough macroeconomic condition has started to rub off on deposit money banks (DMBs) as industry’s...
…Tasks FG on Power sector, NNPC restructuring By JULIUS ALAGBE PriceWaterhouseCooper (PwC), one of the big four accounting firms, expects coronavirus pandemics to shrink the nation’s...
…hotel rooms, event halls empty as virus keeps travellers, revellers, away By AYOOLA OLAOLUWA Nigeria’s tourism and hospitality industry have taken a massive hit from Coronavirus...
The spread of Covid 19 pandemic has placed the country in a major emergency and Catch 22 situation since the civil war. Not the threat of...
Weak structure exposes the economy to external shocks – Experts By JULIUS ALAGBE The present precarious economic position confronting the country is largely attributable to the...
By JULIUS ALAGBE Nigeria’s Gross Domestic Product, GDP, growth rate for 2019 of 2.27 percent released by National Bureau of Statistics, NBS, is an indication that...