Economy

World economy to shrink by 12% in Q2– Bank of America

Bank of America (BofA) has projected that the global economy would shrink by 12% by the end of Second quarter of…

Expert advises FG to focus on manufacturing, ICT sector for economic growth 

Kenneth Afor  Oluwafemi Osinubi, senior analyst at Cowry Asset Management has advised the Federal Government to focus on the manufacturing…

Inflation hits 12.20% YoY in February; 0.07% higher than January rate

By Omobayo Azeez The consumer price index, (CPI), which measures inflation, increased by 12.20 per cent on a year-on-year (YoY)…

CBN coordinates banks, other financial institutions on a rescue mission to raise N1.5 trillion for infrastructure

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said the apex bank would work in collaboration with commercial banks…

The question of debt management remains a key concern for emerging countries

Fiscal policy was at the top of the agenda at the IMF Annual Meeting held in Washington, DC in October…

2019: Nigeria’s GDP grows by 2.27% to hit four-year high

By Omobayo Azeez Against all odds, Nigeria’s gross domestic product (DGP) which measures expansion in the country’s economy advanced by…

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