Some Leading Economic Indicators, LEIs, are pointing to a year-on-year contraction in growth in January 2016, which may see Nigeria’s economy returning a growth rate of less than one per cent in the first quarter, 2016, if the trend continues. But some other international reports indicate that the development is likely to be a global phenomenon though sub-sahara Africa and other commodity dependent economies which include Nigeria, may be worst hit.

Everyday consumers routinely encounter marketing efforts that promote an endless variety of brands and products. Unsurprisingly, consumers are weary, guarded, and circumventing any attempt by marketers to gain their attention. Experiential marketing thus engages consumers on a more intimate and personal level by building meaningful connections through shared moments and events. Princewill Ekwujuru sought the views of Gil Kimani, new Managing Director of EXP Marketing Nigeria, who has had experiences in African markets.

A Team from IMF, recently consulted with relevant government Agencies and officials to assess the economic impact of the crash in oil revenue and the proposed responses to address the ‘’near-term vulnerabilities’’ and those fundamental reforms which are required to promote sustained economic growth and reduce poverty.

Like most Nigerians, I consume electricity and receive all those bills, about which everybody complains, and the services are not satisfactory. But, unlike most Nigerians, five DISCOs, two in the North and three in the south, provide me services. With one pre-paid metre, four estimated bills, popularly called crazy bills, are received and paid monthly. I don’t have shares in any DISCO and I tried my best to discourage friends wanting to invest in DISCOs when the last administration slated them for privatization.

The restriction placed by the CBN on 41 items’ access to foreign exchange and Bureaux De Change has generated so much heat that some highly placed Nigerians and foreign investors are calling for drastic action against the CBN. It is quite unfortunate that Nigerians have very short memory. As a young graduate of Economics and a reporter in 1987, some of the issues rearing their ugly heads now were the same issues we reported then. Then as it is now the CBN has always been vilified whenever there is drop in the supply of foreign exchange in the country. The CBN at such critical moment in the economic history of Nigeria had bent over backward in attempt to redeem what looks like a hopeless situation.

CHAIRMAN of Rivers State Chapter of All Progressives Congress, APC, Chief Davies Ikanya, has urged Rivers people, and Nigerians to ignore the numerous campaigns by Governor Nyesom Wike under the guise of thanksgiving service to mark his victory at the Supreme Court. He said they should ask the governor to provide explanations to his confessions of how he got his victory at the Supreme Court.

THE people of the Niger Delta are “one people from the same tree.” This is a basic fact, but it assumes far greater significance when this open secret is revealed by HRH Omoba Godfrey Ikenwoli Emiko, the Olu of Warri, leader and symbol of the Itsekiri Nation.

Rivers State governor, Mr Nyesom Wike, has said that only those in support of political armed robbery will kick against his declaration that any plan to rig election in the state will be resisted.

Five persons were allegedly shot dead in Ogbele community, Ahoada East Local Government Area, Rivers State, by gunmen, Saturday night.

A two-day robust programme for all Directors of Sports in all the State Sports Councils in Nigeria that would lecture on the negative use of drug abuse among others holds from March 4 to March 5 at the Command Guest House, Apapa, Lagos.