25 C
Lagos, South Africa and New York
Thursday, November 26, 2020

When a Bank Puts Small medium enterprises first, the economy prospers

Last week will go down as one of the most challenging weeks, if not the most challenging, Nigeria has faced in 2020. What started out weeks before as very well-organised peaceful protests by young Nigerians campaigning to #EndSARS, was supplanted by hoodlums engaging in...

Consumers’ Confidence in Nigeria’s Economy dipped in Q3 2020

A survey of the Central Bank of Nigeria has shown that consumers’ confidence in the economy dropped in the third quarter of the year. The survey revealed that consumers’ overall confidence outlook dipped in Q3 2020, as they were pessimistic in their outlook. The details of...

EndSARS protests, curfew has no significant impact on capital market – Experts

By Ginika Okoye Abuja, Oct. 26, 2020 Some experts in the capital market say the EndSARS protests and curfew imposed in some states did not have any significant impact on the capital market. The experts, who spoke with Naija247news in separate interviews in Abuja on Monday,...

#EndSARS protests: Hoodlums’ actions bound to affect Nigeria’s foreign direct investments negatively – Analyst

By Folasade Akpan Abuja, Oct. 26, 2020 Mr David Ibidapo, an economist says the effects of the activities of hoodlums in the aftermath of the #EndSARS protests will affect Foreign Direct Investments (FDIs) into the country. Ibidapo, also a financial analyst made this known in an...

The making of a CSR master stroke: An x-ray of FirstBank’s Yeoman effort to move one million children to e-learning

The rabbit hole of uncertainty, confusion and fear that pupils and their parents fell into in the dying days of March when the country was in lockdown was best captured in a Saturday Sun feature of May 16, titled, “COVID-19: Troubles of e-Learning.”  The story catalogues the...

#EndSARS: Nigerians groan over impending economic hardship

By Kadiri Abdulrahman Abuja, Oct. 25, 2020 In the aftermath of widespread protests and violence across the country occasioned by the #EndSARS campaign, some Nigerians are complaining about economic hardship that may follow. Speaking in separate interviews with Newsmen on Sunday, they said that the...

Repositioning NIPOST beyond postage stamps issuance and sales

A News Analysis by Tolu Aiyegbusi On Oct. 9, the Nigeria Postal Service (NIPOST) observed the 2020 World Post Day with the presentation of 100 years compendium of Nigeria postage stamps from 1914- 2014. The significance of the day is also indicated in the marking of...

Vision 2025: FG solicits Nigerians in Diaspora’s support

By Nana Musa Abuja, Oct. 19, 2020 The Federal Government has solicited the support and contributions of Nigerians in the Diaspora on the implementation of the country’s vision 2025. Mr Clement Agba, the Minister of State for Finance, Budget and National Planning said this on...

Group canvasses support for promotion of local content

By Ikenna Osuoha Abuja, Oct. 16, 2020 An Abuja-based NGO, Initiative for Leadership Development and Change (ILDC), on Friday canvassed support for the promotion of local content in the country. The group’s President, Chief Ugochukwu Nnam, told journalists on Friday in Abuja that patronage of...

Expert calls for higher income tax to lower customer spending, rising inflation

By Chinyere Joel-Nwokeoma Lagos, Oct. 16, 2020 Two financial experts on Friday expressed concerns over the country’s rising inflation rate and urged the Federal Government to revisit the borders closure. They said this in separate interviews with newsmen in Lagos while reacting to the September...
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