Tag: Africa’s Largest economy

Ex-President Jonathan Boasts of Handing Over A Nigeria That Produced Africa’s Largest Economy

Former President, Goodluck Jonathan, has insisted that he handed over a Nigeria that was economically viable to his successor, President Muhammadu Buhari. Jonathan’s remark follows accusation that he left a bad economy for his successor to inherit. The Buhari-led Federal Government since assumption of power last year, has continued to[Read More…]

Fitch Ratings Warns That Nigerian Banks Need More Liquidity

International agency Fitch Ratings yesterday said Nigerian banks needed more liquidity following the withdrawal of public sector deposit. The agency said the withdrawal of the estimated N1.3trillion from the banks as a result of the implementation of the Treasury Single Account (TSA) meant that they lost 10 per cent of[Read More…]

Manufacturers Association Of Nigeria Lauds FG On Electricity Tariffs Reduction

by Deji Abiodun & Agency Reporter The Manufacturers Association of Nigeria (MAN), Ogun State Chapter, on Thursday commended the Federal Government for reducing electricity tariff by 50 per cent. The President of the association, Mr. Wale Adegbite, told the News Agency of Nigeria (NAN) in Ota that the “step was[Read More…]

Tolu Ogunlesi: Simplifying Business In Nigeria

Whenever I have to talk about Nigeria’s economic ‘potential’, I refer to two key features. One is the intimidatingly tangible fact of our population, the largest in Africa, seventh-largest in the world (on course to being third by 2050); offering a ready market for anything and everything. The other is[Read More…]

Cheta Nwanze: Solving Nigeria’s Economy

Nigeria as it is currently run is not economically viable, and going along the routes a lot of people are suggesting won’t solve the problem. Secession by one or more parts won’t sort anything. Most of the new countries will be just as badly run as Nigeria currently is if not[Read More…]