KPMG Nigeria has suggested 10 macro trends that will determine Nigeria’s economy in 2021.
The Macro trends suggested by KPMG are -Global dynamics, fiscal sustainability, uncertain forex environment, stringent policy posture, constrained productivity and accelerated credit penetration, cautious private sector investment activities, emerging digital economy, socio-political threats, and consumer pressure...
The Nigeria communication commission (NCC) has said that it is working with stakeholders to ensure the safety of 5G network in preparing for the upcoming launch of the network.
Speaking at a Tech forum themed “Multi-stakeholder approach to National Recovery post-pandemic,” the Executive Vice President, Prof Umar Danbatta explained that...
The Nigerian government has lost no fewer than N700 billion in less than three weeks. This is due to the nationwide #EndSARS protest.
While discussing the implications of the protest against police brutality, Toki Mabogunje, the President of Lagos Chamber for Commerce and Industry (LCCI), said the nationwide demonstration has...
The only solution to the instability of Naira is the funding of Bureaux De Change (BDC).
Muhammadu Sanusi II, the dethroned Emir of Kano, and former Governor of the Central Bank of Nigeria (CBN), made the above statement.
While lecturing on the United States of Naira: What plan for unification, during...
Despite Nigeria’s N31 trillion debt, Zainab Ahmed, the Minister of Finance, Budget, and National Planning has disclosed the Federal Government's (FG) plan to secure an additional N6 trillion loan by December 2021.
The minister recounted that the total public debt stock of the country, which comprises foreign and local debts...
Dangote Group has advised African leaders to unanimously adopt the fixing of their infrastructure deficit, saying with this, intra-trade amongst them would be more efficient.
Speaking on the sidelines of the ongoing Intra-African Trade Fair (IATF), Rabiu Umar, the Commercial Operations Officer, Dangote Group, said aside from the fixing of...
The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Oscar Onyema has revealed how several policies of the Central Bank of Nigeria (CBN) saved the country's economy from a total meltdown as COVID-19 rages.
During a forum over the weekend, Onyema stated that the economy faced different challenges as...
Dollar to naira lingering issue has attracted the attention of the World Bank, such that it counselled the Central Bank of Nigeria (CBN) on how to stabilise the foreign exchange (forex) market.
In an interview with Punch, Shubham Chaudhuri, the Country Director for Nigeria, World Bank, said even though the...
Some financial experts have advised the Federal government on how to tackle Nigeria's economic situation.
With the decline of economic activities in the country, financial experts like Prof. Uche Uwaleke, a professor of Capital Market at the Nasarawa State University, Owoturo Seyi, the President of the Institute of Capital Market...
President Muhammadu Buhari has bragged about the launch of eNaira, saying under his watch, Nigeria became the first country in Africa to float a digital currency.
Speaking at the official launch of eNaira in Abuja on Monday, October 25, 2021, the president stated: "We have become the first country in...