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Nigeria’s inflation rate hits 25-month high at 12.4% in May

Nigeria’s inflation rate hits 25-month high at 12.4% in May

By Babajide Komolafe Nigeria’s annual inflation rate rose for the ninth consecutive months to 12.4 percent in May from 12.34 percent in April. This represents the highest inflation rate in 25 months since April 2018. Nigeria Bureau of Statistics, NBS, disclosed this in its Consumer Price Index report for May 2020. The annual inflation rate […]

After COVID-19, our new business world

After COVID-19, our new business world

By Emeka Anaeto No doubt, the outbreak of the Coronavirus (COVID-19) Pandemic presents an alarming health crisis that the world is grappling with. But as a close observer of Nigeria’s socio-economic field, I am as much concerned with the business and economic implication as to the health. We shall live but we don’t want our […]

How to become an entrepreneur

How to become an entrepreneur

By ALIM ABUBAKRE ARE you bored with your work or have just been furloughed? Do you wish to control your own time? Do you have a dream to start a business, employ people, deliver services, and make a positive impact on society, particularly in these unprecedented times? But do you also feel intimidated and your […]

How to rescue Nigeria from deep economic recession — Business leaders

How to rescue Nigeria from deep economic recession — Business leaders

*Divided on FG’s optimism for mild recession By Babajide Komolafe, Peter Egwuatu, Nkiru Nnorom, Michael Eboh & Naomi Uzor Following the lower economic growth rate reported by the National Bureau of Statistics (NBS) for the first quarter of the year, which confirms various projections of economic recession in 2020, business leaders and economic analysts have […]