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Governor of Nigeria’s Apex Bank, Godwin Emefiele has revealed that that the Central Bank of Nigeria (CBN) will increase access to loans for Nigerian small and medium-sized enterprises (SMEs) in 2022. At an event in Lagos Godwin Emefiele stated that it was necessary for stakeholders to strive in order to build a stronger economy able…
Adamu Lametek, a member of the Monetary Policy Committee of the Central Bank of Nigeria, has urged the Federal Government to focus on the growth of the Nigerian economy as it remains delicate. The CBN deputy governor, pointed this out in his personal statement at the last MPC meeting. He highlighted the struggles that were…
Following the violent uprisings at the U.S Capitol last year and the more recent outcry by retired generals of the U.S Army, stableness of political administration in The States seems to be heading towards a precarious position. Talks of a military coup, a domestic crisis, and an ultimate power tussle are gathering like dark clouds…
According to World Bank analysis, Nigeria’s inflation rate for the year 2022 is projected to be among the highest in the world and the seventh in Sub-Saharan Africa. The World Bank stated that the inflation rates in Nigeria have diminished the welfare of Nigerian households. The World Bank also pointed out that a high inflation…
Ex-presidential candidate and major opponent to MKO Abiola in the June 12, 1993 Nigeria presidential election, Alhaji Bashir Othman Tofa is reportedly dead. The former presidential candidate of the defunct National Republican Convention (NRC) according to family sources, died in the early hours of Monday after a brief illness. Confirming his death, one of Tofa’s…
The Nigeria Labour Congress (NLC) has called on Nigerians, especially workers to gear up for total opposition against any hike in the pump prices of petrol and electricity tariff. The Union also directed its workers in Zamfara, Taraba, Benue, Kogi, Cross Rivers, Abia and Imo states to commence indefinite strikes over the new national minimum…
President Muhammadu Buhari signed a record setting N17.13 trillion appropriation bill for the year 2022, on Friday 31st of December, 2021. Present with him were Ahmed Lawan, the President of the Senate, Femi Gbajabiamila, the Speaker of the House of Representatives and Zainab Ahmed, the Minister of Finance, Budget, and National planning. This was done…
President Muhammadu Buhari has assured Nigerians that in this new year, his administration will take bold and strategic steps to finally bring insecurity to an end in Nigeria. He mentioned this in the 2022 New Year speech. The president went on to disclose that his administration is currently partnering with neighbouring African countries, as well…
The Centre for the Promotion of Private Enterprise, a leading economic institution has raised concerns about the Federal Government’s monetary and foreign exchange policies, warning that such rigidities around the policies will make the nation prone to an economic decline in the coming year. The economic concerns were conveyed in the institution’s ‘2022 Economic Outlook’…
The year 2022 should usher in a new era of peace and reconciliation among political parties and stakeholders in the state and the country in general according to Governor Abdullahi Umar Ganduje of Kano State The governor also said the next few months should also be for internal democracy to flourish where political parties are…
