All posts in The Economy

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Nigeria Set To Unseat South Africa As Africa’s Largest Economy

Hopes are high that if the growth rate is maintained, Nigeria may be on the way to becoming Africa’s largest economy in the near future. Frank ODUMODU  Nigeria’s economy is set to occupy to topmost position in Africa once the …

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Analyst Advocates Change Of Igbo Business Model

The incursion into the trade zones of the Igbo businessmen by foreign retail outlets and price-slashing Chinese is gradually revealing the inadequacies of the Igbo trading pattern, bringing

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The Unproductive Side of Foreign Direct Investment

The much talked about Foreign Direct Investment, FDI, drive of the present administration spearheaded by the Minister of Trade and Investment, Dr. Olusegun Aganga, seem not to be

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CBN Reviews 1st Quarter 2013 Monetary Policy Performance Amidst Global Trends

CBN holds monetary policy review with forecast that there is a bright future for the Nigerian economy despite global economic contraction By Chukwudi OHIRI Central Bank of Nigeria, CBN

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De United Foods Invests $30m In Palm Oil Refining Plant In Nigeria

  By Frank ODUMODU   From importing noodles into the Nigerian market in 1988, De United Foods Industries Limited has today developed an industry which employs over 20,000 directly. This year,

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TUC, PENGASSAN Support NNPC $1.5bn Loan

The Trade Union Congress (TUC) has described the decision of the Nigerian National Petroleum Corporation (NNPC) to secure a $1.5 billion syndicated loan to help it pay debts

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“My Job Is Not To Make People Happy”, Sanusi Replies Critics By Ekene Orji

After a long silence over the reaction that trailed the call by the Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi for the government

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15 LGA’s Benefit from World Bank FADAMA Project In Rivers

The World Bank through its FADAMA Projects has consistently supported the development of agriculture in a bid to help Nigeria achieve food self sufficiency in the nearest future. Hilary

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Concerns Rise Over Future Of Nigeria’s Oil Economy

 There are ominous signs that the new direction of US energy policy will affect Nigeria’s economy adversely and this is evidenced in the shortfall that is already been

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Between Nigeria’s External Reserve And Rising Debt Profile

Economists and financial analysts argue that all is not cheerio as the little gains made in external reserve portfolio are cancelled out by a rising debt profile. By

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