Archives Tag: economy
How Technology Boosts Nigerian Economy
April 19, 2022
Technological growth is crucial to economic growth and development, and the more advanced the technology available, the more quickly the local and global economy can improve. Advances in technologies have the potential to improve the standard of living, increase leisure time, reduce the poverty level as well as increase the capacity for developing a greater variety … Continue reading How Technology Boosts Nigerian Economy
3 Proven Channels To Create Generational Wealth
April 19, 2022
With so much desire to create generational wealth among youngsters, they have indulged in so many demonic vices such as armed robbery, internet scams and other fraudulent activities. However, there are several wealthy and affluent people who have created generational wealth legitimately. Their wealth is created and revolves around few practicable channels. However, due to … Continue reading 3 Proven Channels To Create Generational Wealth
How Will The Russia-Ukraine Conflict Affect Nigeria’s Economy?
April 19, 2022
On Thursday, February 24, the long-running tensions between Russia and Ukraine descended into a full-blown war. Russian troops crossed into Ukraine, and the latter’s army mobilized to face the incoming threat. It was the start of the most violent conflict in Europe since the turn of the century. Read more about Politics Observers from across … Continue reading How Will The Russia-Ukraine Conflict Affect Nigeria’s Economy?
Major Changes Covid 19 Brought To Business Growth
April 19, 2022
It has been over two years since the COVID 19 pandemic and it was by far one of the biggest challenges that most businesses had to tackle. Its long term impact on the economy is yet to be revealed and unfortunately, some businesses have collapsed due to the unexpected pressures endured. The COVID-19 pandemic has … Continue reading Major Changes Covid 19 Brought To Business Growth
Economy Nigeria Politics Social
How One Man Industrialised Old Eastern Nigeria In The 1960s
April 19, 2022
While we celebrate the likes of Dr. Nnamdi Azikiwe, Chief Obafemi Awolowo, and Alhaji Ahmadu Bello, prominent Nigerians in history have been neglected to the abyss of oblivion, despite their achievements. This group of unsung heroes is a dearth in history which in many ways is a disservice to us and these rarely celebrated … Continue reading How One Man Industrialised Old Eastern Nigeria In The 1960s
Did You Know? The 10 Biggest Markets In Nigeria
April 19, 2022
Nigeria’s markets are vibrant and full of life. In many cases, they are the economic engines of the towns and cities they call home. The bigger ones draw in visitors from far and wide and have gained acclaim from beyond the country’s borders. Read more about Did you know? It’s a hard task telling … Continue reading Did You Know? The 10 Biggest Markets In Nigeria
The Naira Is Weak But Not For The Reasons You Think
April 19, 2022
It is a given now that most Nigerians agree that the Naira is weak. Some use other incendiary adjectives to describe its weakness but that is beside the point of this article anyway. Read more about Economy The truth is, while our Naira is weak and gets weaker with each passing day, the reasons … Continue reading The Naira Is Weak But Not For The Reasons You Think
By david-okwara
Facts From The New Petroleum Industry Bill (PIB)
April 19, 2022
The controversy over the structuring of the Petroleum Industry Bill (PIB) was eventually brought to a close on Friday as the National Assembly harmonised some key figures in the bill. Read more about Economy Controversy over the percentage that should go to Host Communities became the first flashpoint weeks back as the Senate and … Continue reading Facts From The New Petroleum Industry Bill (PIB)
By adedoyin
Economy Men Personality Philanthropy
The Secret To Dangote’s Wealth
April 19, 2022
A multi-billionaire and business tycoon, Aliko Dangote is the wealthiest person in Africa with a net worth of about $11.1bn as of May 2021. Aged 64, he was born in Kano on the 10th of April and is the founder and leader of the Dangote Group. Although from a well-to-do background, Dangote did not have … Continue reading The Secret To Dangote’s Wealth
The History And Work Around Of Recession In Nigeria
April 19, 2022
A recession is two-quarters of negative economic growth. The main metric for a nation’s economic growth is the GDP. Read more about Business The GDP, which is an acronym for Gross Domestic Product, is defined as the total monetary or market value of all the finished goods and services produced within a country’s borders in … Continue reading The History And Work Around Of Recession In Nigeria
By eizu-uwaoma
How Will Nigeria’s Twitter Ban Affect Its Economy?
April 19, 2022
On Friday, June 4, Nigeria’s Minister of Information and Culture, Lai Mohammed, announced that the government was suspending the operations of Twitter in Nigeria ”indefinitely.” The ministry cited “the persistent use of the platform for activities that are capable of undermining Nigeria’s corporate existence” as the reason for its move. Read more about FinTech … Continue reading How Will Nigeria’s Twitter Ban Affect Its Economy?
Agriculture Did You Know? ECONOMY Top 10
Do You Know? Nigeria’s Top 10 Agricultural Commodities
April 19, 2022
Agriculture is still the single biggest contributor to Nigeria’s Gross Domestic Product. In the first quarter of 2021, it constituted almost 22% of the country’s economic output, valued in monetary terms. Read more about Did you know? Much of what’s produced in this sector ends up on the plates of Nigerians. Subsistence and commercial … Continue reading Do You Know? Nigeria’s Top 10 Agricultural Commodities
Analysis: Did The Food Blockade On Southern Nigeria Make Economic Sense?
April 19, 2022
Late in February, the Amalgamated Union of Foodstuff and Cattle Dealers of Nigeria (AUFCDN) imposed a blockade on the movement of food products to the south. The reason: a violent conflict between traders of northern origin and natives in Shasha, Ibadan, which had led to the destruction of property belonging to traders of northern … Continue reading Analysis: Did The Food Blockade On Southern Nigeria Make Economic Sense?
Nigeria is the World’s Biggest Producer of Yams
April 19, 2022
As one of Nigeria’s staple crops, yam features prominently in the local cuisine. Its tubers are sliced up and boiled, roasted, and fried— or pounded –and served along with a vast array of sauces. It is even an important part of the culture in certain regions of the country. Read more about Agriculture There are … Continue reading Nigeria is the World’s Biggest Producer of Yams
How Kano Became Northern Nigeria’s Commercial Nerve Center
April 19, 2022
Kano is to Northern Nigeria what Lagos is to the south (and the rest of the country)- a large, cosmopolitan city with commerce that’s big enough to dominate (and drive) the economy of the whole region. Many of the North’s biggest companies are headquartered there. Its industrial sector boasts some of Nigeria’s largest manufacturing facilities. … Continue reading How Kano Became Northern Nigeria’s Commercial Nerve Center
