Capital budget and the illusion of $1trn economy

By Dele Sobowale Almost every administration, since Babangida introduced VISION 2020 in 1992, had suffered from the same illusion of propelling the Nigerian economy to the top 20 globally, in terms of Gross Domestic Product, GDP, within a remarkably short time. In 1992, when the idea was first floated, Nigeria ranked 32; it is ranked 44 […]
Visible Articles 5 10 15

Decline in import bills triggers $1.28bn trade surplus

…As low domestic demand reduces oil import By Elizabeth Adegbesan Nigeria recorded a  $1.28 billion trade surplus in November 2025, representing a 4.1 percent month-on-month increase compared to a N1.23 billion surplus recorded in the previous month, October.  This development was triggered by an 8.07 percent decline in import bill during the review period. Breakdown […]

Israeli military warns residents in southern Lebanon to evacuate

The Israeli military on Monday advised residents of numerous villages across southern Lebanon and the Bekaa Valley to evacuate their homes immediately ahead of strikes on Hezbollah militia targets there. In a statement, the military told residents to move at least 1,000 meters away to open areas for their safety, adding it does not intend […]

STOCKS: Investors gain N17.6trn in February

…Incur N1.4trn loss last week   By Peter Egwuatu   The stock market has recorded significant milestones, with investors gaining N17.6 trillion in February 2026, the highest monthly gain ever in the history of the Nigerian capital market.   However, the investors lost over N1.4 trillion Week-on-Week, WoW, following  sustained profit-taking as  cautious sentiment persists. A review of the […]

Exit mobile version