Economy

Business a.m. newspaper || Monday – Sunday: June 29 – July 5, 2020

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Warning! Global insolvencies loom amid financial recovery

Banking sector resilience to be tested By Omobayo Azeez Effort to save the global economy has pushed central banks across…

FBNQuest predicts weaker hit on Nigeria’s economy by COVID-19 than expected

An analysis by investment bankers, FBNQuest, is predicting a weaker hit on the Nigerian economy by the Covid-19 pandemic than…

Manufacturing dips in Nigeria in June

The level of manufacturing activity in Nigeria in the month of June 2020, measured by the manufacturing purchasing managers’ index…

World Bank estimates cost of power shortages in Nigeria at $28bn, approves $750m power sector loan for Nigeria

The World Bank has said the economic cost of power shortages in Nigeria is estimated at around 28 billion dollars,…

Nigeria external trade dips in Q1. suffers N125.77b trade deficit

Nigeria's external trade floundered during the first quarter of the year. The country suffered a trade deficit of N125.77billion during…

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