Amidst several projections of challenging economy in the year 2016 by many economists and the International Monetary Fund, IMF, the National Bureau of Statistics, NBS, has outlined its own position on all key economic indicators, not just for 2016 but also in the next four years to 2019. The projections covers the annual growth rate of real Gross Domestic Products, GDP, annual Inflation rate, and the annual growth rate of the Value of Total Trade, VTT.

Professor Chukwumah Soludo, former Governor of the Central Bank, CBN, was in his elements a few weeks ago, when he declared that the current CBN Governor, Godwin Emefiele, turned the bank into an ATM machine for the Jonathan administration. The imports of that statement are numerous; but, two would have struck most readers who are no knowledgeable about the role of the central bank in any nation.

ABEOKUTA—The Alake and paramount ruler of Egbaland, Oba Adedotun Gbadebo, yesterday, declared that the Ooni of Ife remained the highest in the ranking of Yoruba obas.

NIGERIA’s first energy Talkshow on national radio is set to debut on Nigeria Info 99.3 FM, Lagos Tuesday, 9th February 2016. The show which tends to dissect the technical issues in the Energy sector would be broadcasting live for 60 minutes from the radio station in Lagos. The first of its kind in contemporary radio broadcast in Nigeria, […]

ABUJA— AN audit report, weekend, alleged widespread fraud in the handling of over N100 billion constituency projects fund by senators and members of the House of Representatives in the last three years.

Nigeria has one of the most expensive broadband in Africa, says a research conducted by online car marketplace, Carmudi.com.ng. The study, which showed Nigeria with deep internet penetration of up to 200 per cent, noted that the country still lags behind when it comes to affordable internet as broadband gulps up to 30 per cent of household income.

An emerging controversy over Nigeria’s deficit funding is gradually taking the centre stage as more concerns over 2016 fiscal year come up.

Last week, Fitch Ratings, one of the world’s leading economy rating agenccies indicated that the emerging fiscal and monetary policy responses to the oil price crash may lead to a further downgrade of its Nigeria rating, thereby increasing country risks for all forms of capital inflows including borrowings.

WHEN I first saw the figure on newspaper headlines, I thought the proverbial “printer’s devil” had made a media round as the Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu recently did. But, of course, though the “printer’s devil” can do and undo, it does not have the power to visit more than one newspaper house and cause them to portray wrong figures on the same issue same day. It has since turned out that media houses quoted the man correctly, from a speech he authored, signed and read by himself.

STAKEHOLDERS in the nation’s Maritime Industry, weekend, warned that the plan to sack no fewer than 3,000 Dockworkers by the Nigeria Ports Authority, NPA, would throw the maritime sector into industrial unrest that could seriously hurt the fragile Nigeria’s economy.

TEN years after the death of the late human rights activist, Dr. Beko Ransome-Kuti, associates and friends have concluded plans to hold anniversary lectures in honour of the late pro-democracy activist.