30 results
- 5 Jan 2020
Depletion of ECA Leaves Nigerian Economy Vulnerable- World Bank
Nigerian economy has become more vulnerable to shocks as a result of the depletion of the Excess Crude Account (ECA), according to the World Bank. The ECA was established in 2004 to save revenues in…
- 22 Jan 2015
United Capital Releases Nigerian Economy, Financial Markets 2015 Report
United Capital Plc. has released its authoritative and eagerly anticipated Nigerian Economy and Financial Markets 2015 report which provides a detailed review of the Nigerian market in 2014 with…
- 3 Aug 2016
Reduced Access to Finance, Other Ways Present Economy Affect Nigerians
It is no secret that the Nigerian economy is in crisis. In the last six months, the official Nigerian currency, Naira, has fallen by almost 50% and there has been an increasing change in the price of…
- 6 Jan 2020
What Will 2020 Hold for the Nigerian Economy?
By Lukman Otunuga, Senior Research Analyst at FXTM, 2019 was a rough year for the Nigerian economy thanks to volatile crude Oil prices and the headwinds not only coming from global recession risks…
- 9 Jun 2016
Nigerian Economy Drops Further into Freefall
Reality for Nigerians comes harder by the day. Investors told Kemi Adeosun, finance minister in London this week that in the current climate even a high-yielding sovereign bond would be a tough sell…
- 30 Jul 2018
Exploring the Potential of Digital Transformation on the Nigerian Economy
The concept of a digital economy is essentially a new economy stream that brings with it new momentum. As ICT technologies develop rapidly and become integrated into more and more verticals,…
- 20 May 2019
Only Disruptive Entrepreneurs Can Save Nigerian Economy - Ekeh
Leo Stan Ekeh, serial digital entrepreneur and Chairman, Zinox Group has declared that the only way the Nigerian economy can realize the desired impetus to survive is for the Federal and State…
- 12 Feb 2019
Nigerian Economy expands in 2018; Presidential elections loom
By Jameel Ahmad, FXTM Global Head of Currency Strategy and Market Research, Confidence over the health of the Nigerian economy was slightly elevated this morning after official reports showed that…
- 23 Jul 2020
BBN to Boost Nigerian Economy by N2Bn-Experts
The ongoing edition of hit reality television show, Big Brother Naija (BBN), which kicked off on Sunday, will bring an estimated N2billion into the Nigerian economy, financial sector sources have…
- 7 Jun 2016
FXTM: Sentiment Towards Nigerian Economy Bearish, But Traders Hopeful
Depressed oil prices have punished the largest economy in Africa with ongoing concerns over a slowdown in domestic economic momentum weighing heavily on investor sentiment. Unemployment in 2016 has…
- 23 Jun 2020
How MultiChoice Invested $2.1Bn in Nigerian Economy in 5 Years - Accenture Report
MultiChoice Nigeria, leading video entertainment provider in Nigeria, recently commissioned Accenture, a top accounting and consulting firm in Nigeria to measure the socio-economic impact of its…
- 10 Oct 2021
NDEPS has Impacted Nigerian Economy Significantly — Prof. Pantami
The implementation of the National Digital Economy Policy and Strategy, (NDEPS) in less than two years of its launching has been said to have had a significant impact on the Nigeria’s economy with…
- 13 Dec 2020
Systematic Reopening of the Nigerian Economy by the PTF
By Chido Nwakanma Eight months later, the arteries of the economy are pumping once again. Airports have reopened, bringing in 5,000 to 7,000 passengers daily. Schools have resumed, as have formal and…
- 9 Jun 2025
Confidence in Nigerian Economy Grows as Forex Inflows Reach $5.96Bn
Foreign exchange inflows from domestic sources have reached their highest level in six years, according to a report by the Central Bank of Nigeria (CBN). The increase reflects a growing confidence in…
- 3 Apr 2019
Q2 outlook for Oil & What it means for the Nigerian Economy
By Lukman Otunuga, FXTM Research Analyst, Q2 Outlook - WTI Oil: Near 30% rally in Oil so far this year unjustifiable The near 30% rally in WTI Oil during the first quarter of 2019 is difficult to…
- 10 Dec 2014
UN Predicts Growth in Nigerian, Global Economies in 2015
The global economy will grow by more than 3 percent in 2015 and 2016, the United Nations predicted Wednesday, but that growth will be uneven in some regions. The U.N.'s annual economic report said…
- 16 Feb 2018
ICRC,NPA Partner To Boot Nigerian Economy
Mr Chidi Izuwah, Acting Director-General of Infrastructure Concession Regulatory Commission (ICRC), says the Commission will partner the Nigerian Port Authority (NPA) to develop the ports and enhance…
- 9 Jun 2025
Union Bank’s alpher Initiative Empowers SMEs, Strengthens Nigerian Economy
Union Bank of Nigeria has reiterated its commitment to entrepreneurship and women’s empowerment through its alpher initiative by sponsoring the Nigerian British Chamber of Commerce (NBCC) Women and…
- 12 Jun 2012
Nigerian Economy Attracts Investors, Terrorists - Symantec
Nigeria faces new threat from people hiding under the anonymity of the internet to wreck havoc adding to her notoriety as haven for car hijacking, armed robbery and sea piracy, a new report made…
- 19 Oct 2016
5 Ways Phones Have Impacted Lives of Nigerians, Economy
Since the telecommunication sector was deregulated in 2000 and so far, it has had a ripple effect in almost every facet of our lives and other sectors. Today, 8 out of 10 Nigerians own phones and not…
- 4 Nov 2022
FCMB Rallies Operators to Diversify, Stimulate Nigerian Economy
Stakeholders in the nation’s financial service sector have stated that Nigeria’s vast non-oil endowment must be urgently leveraged to diversify and expand its revenue base, reduce the dependence on…
- 14 Sept 2018
StarTimes Boosts Nigerian Economy with $220m Investment, Pays $25m Tax
StarTimes, a direct-to-home pay-tv service said it has invested over $220 million in Nigeria, in the last eight years to boost entertainment and enrich the country’s television viewers’ experiences.…
- 31 Oct 2019
What does Brexit Mean for the Nigerian Economy
By Lukman Otunuga, Senior Research Analyst at FXTM After more than 1200 days after Britain voted to leave the European Union, the country still remains in the trading bloc, pondering exactly how to…
- 27 Aug 2014
Experts Extol Glo Xchange as a Boost to Nigerian Economy
Two of Nigeria’s foremost financial analysts have applauded Nigeria’s biggest Mobile Money Agent Network, Glo Xchange, recently launched by Globacom, the country’s national telecom carrier. Glo…
- 13 Jul 2020
Nigerian Economy in Record Fall Due to COVID-19 – Report
A report by the Stanbic IBTC Nigeria Purchasing Managers’ Index (PMI) said that the advent of COVID-19 virus pandemic in Nigeria has led to a record fall in employment generation in the country. The…
- 29 Mar 2019
Nigerian Economy Set to Gather Momentum in Q2
By Lukman Otunuga, FXTM Research Analyst, There are higher expectations for Nigeria’s economic recovery after the fastest growth since 2015 was recorded during the fourth quarter of last year. As the…
- 10 Jun 2022
Government, Tech Ecosystem Align to Boost Nigerian Economy
Breakthroughs in medicine, technology and science through innovations and innovative products has had significant impact in the economic advancement of the society by improving the lives of citizens…
- 4 Jul 2018
Huawei, Others Suggest How Digitalise Nigerian Economy
Tank Li, managing director of Huawei Technologies Nigeria, has that said a robust ICT infrastructure is the bedrock for digital transformation in Nigeria. He spoke during a one-day forum…
- 10 Nov 2017
Nuclear Programme to Give Impetus to Nigerian Economy
Today, unfortunately, Nigeria’s economic potential is constrained by many structural issues including; inadequate infrastructure, foreign investment obstacles and economic flexibility. In 2015-2016…
- 28 Nov 2018
Falling Oil Prices Weigh on Nigerian Economy, G20 Summit in Focus
By Lukman Otunuga, Research Analyst at FXTM, The recent depreciation in oil prices presents significant risks to oil export-dependent nations, with Nigeria falling into the category. Depressed…