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Economy

CBN Explains Why It Saved Etisalat

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The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, said on Tuesday that Etisalat, one of the biggest telecommunication companies in Nigeria, remains strong with a solid revenue base. Emefiele stated this while fielding questions from journalists at the end of the Monetary Policy Committee (MPC) meeting …

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Osun Market Women Protest Imposition Of Osuwon Omoluabi

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By Abdulrofiu Agboola Aggrieved market women at the popular Igbona market, Olorunda Local Government Area of Osun State on Thursday  staged a peaceful demonstration to protest against imposition of Osunwon Omoluabi measurement scale by the state government. The market women especially those dealing with grains and measurable products closed their shops and stormed …

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GDP Drops as Recession Continues

  Contrary to widespread expectations, a new report from the National Bureau of Statistics has shown that the recession rocking the country failed to end in the first three months of the year. The NBS, in its Gross Domestic Product Report released on Tuesday, said the nation’s GDP contracted by …

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