CBN’s PMI report indicates economic decline in January
THE Central Bank of Nigeria, CBN, yesterday, released its Purchasing Managers Index (PMI) report for January, which indicated decline in economic activities during the month. The report showed that out of the 34 sub-sectors surveyed during the month, 21 sub-sectors recorded decline in activity. Ten sub-sectors declined in the manufacturing sector while 11 sub-sectors declined […]
How economic recession may affect you, by Prof. Ekpo
Akpan Ekpo, a professor of economics, is Director General, West African Institute for Financial and Economic Management (WAIFEM). He speaks on the warning by the CBN Governor, Mr. Godwin Emefiele, that Nigeria’s economy may go into a recession in 2016.
We’ll soon overcome Boko Haram – Anyaoku, Gambari
FORMER Common-wealth Secretary General, Chief Emeka Anyaoku and Nigeria’s former Under-Secretary General of the United Nations, Professor Ibrahim Gambari, yesterday, said Nigeria will soon overcome her prime security challenge, the Boko Haram insurgency.
Oddity in economic and political life of Nigeria
From the time when Independence (with democracy) was joyfully handed over to Nigeria and Nigerians on a golden plate by the British colonial masters and to the period when the military rulers under General Abdulsalami Abubakar repackaged democracy in the 1999 Constitution, Nigeria and its people have witnessed many changes in social, economic and political spheres.
Stock broker jailed 30yrs for stealing client’s N17m
LAGOS—A 37-year-old stock broker, Ayoola Coker was yesterday sentenced to a 30 years imprisonment by an Ikeja High court for stealing N17.5 million belonging to his clients.
