Economy

By John Ikani  A report by the International Monetary Fund (IMF) warns that demand for deposits in Nigerian commercial banks may reduce due to the introduction of eNaira. The warning comes four weeks after President Muhammadu...

By Emmanuel Nduka Professor Benedict Oramah, President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank) has called on African leaders to reverse “absurdities” in African trade patterns to make way for...

By John Ikani  Royal Dutch Shell has announced plans to move its headquarters to the United Kingdom as part of proposals to simplify the company's structure with the consolidation of its dual British and Dutch structure....

By John Ikani  The Federal Competition and Consumer Protection Commission (FCCPC), the Central Bank of Nigeria (CBN) and the Economic Financial Crimes Commission (EFCC) have commenced rights violation investigation into the money lending industry. Babatunde Irukera,...

By John Ikani  President of Nigeria, Muhammadu Buhari has told the participants at the 2nd Intra-African Trade Fair (IATF) 2021, taking place in Durban, South Africa, that his delegation is aggressively prepared to maximise the advantage...

By John Ikani  The Consumer Price Index (CPI), which measures the rate of change in prices of goods and services, declined for the seventh consecutive time to 15.99 percent in October 2021. The figure is 1.76...