Business
-
LATEST ARTICLES
 

BREAKING| Over 100m Nigerians earn less than N700 per day ~ EFInA

by Ikokwu Ikembaon December 9, 2019
A survey report by Enhancing Financial Innovation and Access (EFInA) has shown that over 100 million Nigerians earn less than N700 per day which limits them to save, make income or take risks on loans thereby making them financially excluded. The survey report titled: ” Assessment of Women’s Financial Inclusion in Nigeria, December 2019″, stated: […]

Buhari’s $30bn Loan Request – Stakeholders Caution Govt, NASS

by Ikokwu Ikembaon December 9, 2019
With Nigeria’s debt stock growing by 3.11 per cent from $81.27 billion recorded in the first quarter of 2019 to $83.88 billion (N25.70 trillion) at the end of June 2019, economists are almost unanimous in opposition to President Muhammadu Buhari’s request to the National Assembly last week for permission to obtain an external loan of […]

Nigeria: Moody’s Negative Outlook Reflects Current Realities 

by Ikokwu Ikembaon December 9, 2019
Moody’s negative outlook on Nigeria reflects current realities in the country, experts have said. However, the rating agency affirmed the B2 long-term local and foreign currency issuer ratings, the B2 foreign currency senior unsecured ratings, and the (P) B2 foreign currency senior unsecured MTN programme rating. This is the second change made since November 2017, […]