The World Bank has projected that Nigeria's inflation would increase in 2022, such that it may become the highest in the world.
Should inflation increase as projected by World Bank, Nigerians would pay more for foods and other commodities this year.
With increasing food prices and that of other commodities diminishing...
For MD/CEO, Abx World Limited, Captain John Okakpu, the African Free Trade Area (AfCFTA) has the potential to lift millions of people out of poverty and end food insecurity on the Continent, including Nigeria.
According to him, in spite of the enormous advantages African countries can leverage, Nigeria has not...
President Muhammadu Buhari has told manufacturers in the country that his administration will address their main challenge, which is insufficient forex.
Unmaskng.com understands that the manufacturers need accessibility to forex for the procurement of raw materials and agro-allied equipment that are not available locally.
Addressing Mansur Ahmed-led executives of the Manufacturer Association of Nigeria (MAN),...
UK-based magazine, The Economist recently published a damning editorial that exposed President Muhammadu Buhari's ineptitude to govern, such that he tagged him incompetent.
Amongst other things, the publication stated that the Nigerian President failed woefully in his promises, including tackling corruption, which was his campaign message in 2015.
Below are the...
N-power is an empowerment scheme that President Muhammadu Buhari floated to cushion the effect of the unemployment rate on members of the public.
To the delight of the beneficiaries, under the N-power scheme, the federal government has floated another N-knowledge.
According to Hajiya Sadiya Umar Farouq, the Minister of Humanitarian Affairs,...
The Central Bank of Nigeria (CBN) has floated Tertiary Institutions Entrepreneurship Scheme (TIES), a new grant scheme in order to tackle the country's alarming unemployment rate.
Unlike several other existing grants in the country, the TIES is a N500 million grant that would be accessible for students across tertiary institutions....
Africa witnessed a huge growth in Foreign direct investment (FDI) in 2021, a new report by the United Nations Conference on Trade and Development (UNCTAD) has shown.
In its investment trends monitor report released on Wednesday, UNCTAD Africa showed a strong rebound in growth of 147 percent to an estimated...
Chairman of the United Bank of Africa (UBA) Group, Tony Elumelu has highlighted the economic recovery plan for President Muhammadu Buhari and other African leaders.
While speaking at a roundtable discussion made up of African leaders, including Dr. Ngozi Okonjo – Iweala, the Special Envoy of the African Union on...
Dollar to naira has significantly increased, such that it has made the Nigerian local currency suffer a steady under President Muhammadu Buhari's watch.
Unmask NG understands that within a period of six years that Buhari rode into power on the promise of making naira stronger as against the dollar, the...
Banks and other financial institutions in the country, have been able to recover N50.32 million from debtors, within a period of nine days.
Following the implementation of Global Standing Instruction (GSI), which enables banks to go after debtors' accounts in other banks to retrieve their loan, the non-performing loans have...