Business

Zero petrol subsidy to save country $2bn yearly Peter Uzoho with agency As Nigeria anxiously expects oil prices to rise to a comfortable position and boost the country’s confidence to recover from the current shock, analysts have warned that such anticipated rise would instead present grave political risks to the country. The collapse in oil […]

…Proposes 4 ways to mitigate economic impact

There is a lot of talk about how brands have been responding to the COVID-19 pandemic. Usually, brands have either responded by creating solutions for health care/essential workers or for the audience that stay at home.

…shelves planned external borrowings in 2020 budget …Senate approves N850bn bond issuance for FG

Oil is almost selling for free because of the coronavirus pandemic. If you are Nigerian, this is how this global predicament affects you. Oil producers are now basically paying buyers to take the commodity off their hands because there’s nowhere to store the excess oil that is still being pumped A production cut deal reached between Russia, […]

This is the highest Nigeria’s inflation has risen since 12.48% was recorded in April 2018. Inflation has been on the rise in Nigeria since President Muhammadu Buhari closed land borders in 2019 [Premium Times] Nigeria’s annual inflation rate has jumped to its highest since April 2018 with 12.26% (year-on-year) recorded for March 2020. According to […]