Browsing Category

BUSINESS

Nigeria may slide into another recession–CBN

The Governor of Central Bank of Nigeria, CBN, Godwin Emefiele, has expressed fears that Nigeria may slide into another recession if measures are not taken to tackle the high rate of unemployment and…

Nigeria’s External Reserves hit $45bn

Nigeria’s external reserves have rallied and hit $45bn mark in May 2019. This is according to data obtained from the Central Bank of Nigeria (CBN) official website.

Nigeria’s GDP growth drops in Q1 2019

The National Bureau Statistics said on Monday that Nigeria's economy expanded more slowly in the first quarter of 2019 than it did in the fourth quarter of last year.