Business & Economy

Nigeria during her exit from 2006 Paris Club of Creditors was granted a mere 18 percent write down for the $36 billion she owned to mostly European creditors…

On the report issued by IMF after its consultation with Nigeria, in which the country’s macroeconomic well-being and stability were reviewed, IMF’s report was cautiously optimistic, emphasizing progress not stability…

According to the Domestic Macroeconomic and Financial Developments issued by Sanusi’s Central Bank of Nigeria, the “real Gross Domestic Product (GDP) grew by 8.68 per cent in the fourth quarter …

As one of the fastest growing economies on the continent, Nigeria a needs stable atmosphere to continue with its higher economic growth rate and for it to achieve its vision …

The socio-economic aftereffects of the recent controversial removal of subsidy on petrol by the Federal Government of Nigeria have begun to manifest negatively, particularly in the observed lull in the …

Like most other stock markets around the world, Nigerian stock exchange was devastated by the global financial crisis of 2008. But unlike many that have already recovered, the recovery of …

Sustainable transformation efforts being initiated to effect marked improvements in the quality of life of the people in all areas of human endeavour certainly involve change-producing forces in any society…

Despite the Indian resort to the family way of running business, some of the most successful family businesses in the country are run by family members with MBAs…

The three counterparts that make up an economy, the companies, the consumers, and the government, are all contributing to a deteriorating economic situation. Through their actions, all three are complementing …

Allocating 72% of the budget to recurrent expenditure seems to me very outrageous, and a move away from the government mantra of fiscal prudence. Though, as one analyst observes, it …

Any visitor to Nigeria, observing the raging noisy altercation about the removal of the so called subsidy on petroleum products, would be led to so many faulty assumptions which the …

In this era of technological revolution, a sequel of the industrial era, Nigeria should jump on the bandwagon of promising knowledge economy that predominantly drives the development of new technologies, …

There is no great economy without many regional economic entities competing among themselves within it. The United States, which every nation has looked up to until the recent emergence of …

So far, the current global debt crisis has cost the leaders of Greece and Italy their jobs. Who will be next? Only time will tell…

It is disheartening to note that even long before the advent of the continued economic and financial meltdown, which started manifesting late 2008, and still troubles the global economy up …

Governor Chibuike Amaechi of Rivers State is revealing something new to us. His clamour for more funds for the states in the name of reviewing the Revenue Sharing Formula is …