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Naira under pressure, banks withholding Dollar supply

Naira under pressure, banks withholding Dollar supply

The decision of the Foreign Portfolio Investors, FPIs, to exit the country in the wake of the Coronavirus (COVID-19) pandemic as well as the huge decline in the price of crude oil in the international market have put severe pressure on both external reserves and the exchange rate.

COVID-19 fight lacks proper coordination — Kpakol

COVID-19 fight lacks proper coordination — Kpakol

Former Chief Economic Adviser and Chief Executive Officer (CEO) of the National Planning Commission, Prof. Magnus Kpakol, has called for better coordination of Nigeria’s fight against the coronavirus pandemic.

Fleeing suspected COVID- 19 patient returns to Ondo Teaching Hospital

Fleeing suspected COVID- 19 patient returns to Ondo Teaching Hospital

The suspected COVID-19 patient, who fled from the University of Medical Sciences Teaching Hospital, Ondo, has returned to the hospital. The Chief Medical Director (CMD) of the Hospital, Dr. Oluwole Ige, told newsmen in Ondo town on Sunday that the patient with symptoms of the novel coronavirus fled the hospital on Saturday while the result […]

What government wont tell you about recession (5)

What government wont tell you about recession (5)

SOMETIMES, it is necessary to bring more than one indisputable news report to the notice of Nigerians who might not be able to read several newspapers and follow important developments regarding the economy and how it affects them. I must confess that it is often a daunting task to determine which reports to highlight.