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Exports increase by 63 % to N1.9 trillion in 2Q

Exports increase by 63 % to N1.9 trillion in 2Q

Nigeria Bureau of Statistics, NBS, yesterday stated that the county’s trade deficit narrowed in the second quarter, 2Q as the value of exports surged by 63 per cent after a devaluation of the naira.

Our banks need help

Our banks need help

Any economy is as strong as its banks. So, if this is “our worst possible time”, then no sector of the economy reflects our situation better than our banks. That many are hanging on the ropes is obvious. We will mention a few reasons they may be in this situation for a long time to provide food for thought for the Federal Government and the Central Bank of Nigeria (CBN).

Bayelsa APC leaders back Brambaifa’s NDDC appointment

Bayelsa APC leaders back Brambaifa’s NDDC appointment

Leaders of the All Progressives Congress, APC, in Bayelsa State, have hailed the appointment of Prof. Nelson Brambaifa as the state’s representative on the board of the Niger Delta Development Commission, NDDC.