Tag: Economy

Breaking: Shoprite Exits Nigeria After 15Years, See Details

Africa's biggest grocery retailer, Shoprite, is exiting the continent's most populated country, Nigeria, after 15 years. The Cape Town-based retailer has started a formal process to consider the potential sale…

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Petroleum Minister Reveals How Bayelsa Lost OML 46 License

Nigeria's Minister of State for Petroleum Resources, Chief Timipre Sylva has revealed the Federal Government revoked the licence for the Atala Marginal Oilfield (OML 46) because it was left dormant…

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BREAKING: Economic Shutdown Looms as NLC Threatens Indefinite Strike

Nigeria faces the possibility of a complete economic shutdown as the Nigeria Labour Congress (NLC) announces its intention to embark on an indefinite strike in response to the recent increase…

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ShopRite Clarifies Exit Talks

Foremost South African retail outfit, ShopRite, has debunked reports making the rounds of it's alleged exit from the Nigerian market. The Country Director for Chastex Consult, Ini Archibong, in a…

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Ten Signs You Will Be Rich

By ๐„๐ฆ๐ฆ๐š๐ง๐ฎ๐ž๐ฅ ๐€๐ค๐ฉ๐ž ๐—ฅ๐—ฒ๐—ฎ๐—ฑ ๐˜๐—ผ ๐˜๐—ต๐—ฒ ๐—ฒ๐—ป๐—ฑ ๐—ฎ๐—ป๐—ฑ ๐—œ'๐—น๐—น ๐˜€๐—ต๐—ผ๐˜„ ๐˜†๐—ผ๐˜‚ ๐˜๐—ต๐—ฒ ๐˜€๐—ถ๐—ด๐—ป๐˜€ ๐˜๐—ต๐—ฎ๐˜ ๐—ถ๐—ป๐—ฑ๐—ถ๐—ฐ๐—ฎ๐˜๐—ฒ ๐˜๐—ต๐—ฎ๐˜ ๐˜†๐—ผ๐˜‚ ๐˜„๐—ถ๐—น๐—น ๐—ฏ๐—ฒ ๐—ฟ๐—ถ๐—ฐ๐—ต... 1. ๐’€๐’๐’– ๐’”๐’•๐’–๐’…๐’š ๐’Ž๐’๐’๐’†๐’š ๐’‚๐’๐’… ๐’Œ๐’๐’๐’˜ ๐’†๐’™๐’‚๐’„๐’•๐’๐’š ๐’‰๐’๐’˜ ๐’Š๐’• ๐’˜๐’๐’“๐’Œ๐’”.…

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The Influence of Global Economics

Global economics is the study of how economies around the world interact and influence one another. It encompasses the complexities of international trade, finance, investment, and the flow of goods…

CBN Orders Banks to Pay 10%ย  Interest on Savings Deposit

The Central Bank of Nigeria (CBN) has ordered banks to pay 10% of itโ€™s Monetary Policy Rate (MPR) as the minimum interest rate on savings deposit henceforth. The MPR is…

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Dangote’s Business Model is Disastrous for Nigeria – US

The United States has described the business strategies deployed by the Dangote Group of Companiesโ€™ as disastrous to the Nigerian economy. Owned by Africaโ€™s richest man, Aliko Dangote, Dangote Group…

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3 Nigerians Make 2023 Richest Black People in The World List

Three Nigerians have been listed among the 2023 Richest Black People in the World. Aliko Dangote, Mike Adenuga, and Abdulsamad Rabiu were all listed among other prestigious black people across…

If Bayelsa is Broke, Nigeria is Bankrupt – Governor Diri

Bayelsa state Governor, Senator Douye Diri on Wednesday declared displeasure for the categorisation of the state as insolvent. The Miracle Government also suggested that the Federal Government was bankrupt well.…

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