A professor of Economics at the Olabisi Onabanjo University, Ago-Iwoye, Sheriffdeen Tella, on Monday described the nation’s debt stock of N21.73 trillion as worrisome and urged the federal government to stop external borrowings.
Governor Rochas Okorocha has been accused of ‘mindlessly destroying’ the Imo state economy by the Association of Catholic Medical Practitioners of Nigeria, in a statement titled “The 10 Mortal Sins of Governor Rochas Okorocha."
NAIJ.com gathered that under the law, potential borrowers can now register assets other than land and property as collateral to secure a loan from banks.
The Acting President, Professor Yemi Osinbajo, has declared that there would be a positive change in Nigerian economy system between 12 and 18 months.
President Buhari-led federal government has finally moved Nigerian economy out of recession according April Sales Managers’ Index data by World Economics.
The magazine's report which was centered on Nigeria's debt, noted that Nigeria's technocratic vice-president ran the show well while Buhari was unwell.
NAIJ.com lists 11 reasons why Nigeria is on its way out of economic recession as listed on the federal government newsletter named ''Government at Work''
Nigeria will soon meet investors before a Eurobond sale as the federal government plans to apply for a $1 billion loan from the World Bank amidst recession.
Digital media company, She Leads Africa (SLA) is now the first African startup to ring the closing bell at the popular New York Stock Exchange (NYSE).
The management of First Nation Airways has allayed the fears of Nigerians over rumours that it has ended its operations in the country.
The increase in cement price is a setback for low-income prospective homeowners who are mostly affected by the recession in Nigeria.
In this piece, Abayomi Gbade Bello writes on the pains of running Nigeria's small businesses in an economy struggling to stay afloat.
Nigerian businesses are struggling to get hold of foreign exchange. This is even after the CBN embarked on naira devaluation in June.
Nigeria has lost over N1.1 trillion in oil revenues in the last five months due to militants’ attacks on oil installations in Niger Delta.
Nigeria in talks with the Chinese import-export bank China Exim Bank for a $21 billion loan to finance its 2016 budget.
The company's earnings has plunged to an all-time low amid Nigeria's weakening economy and a dispute involving its local partners.
Buhari's emergency powers bill is billed to be be sent to the National Assembly by the president upon resumption after the holidays.
NAIJ.com list 5 things that Nigerians are more interested in at the moment than the ongoing Rio 2016 Olympics games in Brazil.
Alhaji Aliko Dangote has assured Nigerians that no matter how bad the economy may seem, government policies will help Nigeria bounce back.