Industrial Production Post Third Consecutive Annual Decline: 90% Chance Of Recession
In 17 of the 19 times in the last 100 years that Industrial Production has contracted for 3 consecutive months, the US economy has entered recession. Today 0.7% drop YoY…
Oil Tumbles Under $30 As Iran Refuses Doha Proposal, Goldman Warns “Freeze Doesn’t Help”
Oil prices limped higher overnight in their ubiquitous carry-driven way, only to tumble quickly this morning as the reality that, as Goldman says “at record levels, this production freeze doesn’t…
This Is How NNPC Wants To Pay Its $4 Billion Debt And Finance New Drilling
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu said the Nigerian National Petroleum Corporation (NNPC) has commenced discussion with oil majors and banks to raise capital for new…
Tiger Branded Consumer Goods Appoints Halima Dangote As New ED
Tiger Branded Consumer Goods Plc (company) have notified the Nigerian stock exchange (NSE) of the appointment of Ms. Halima Dangote as an Executive Director. In a letter written to the…
Why A Meeting Taking Place In Iran Is Crucial For Oil Prices
As Nigeria grapples with an exchange rate debacle that is escalating prices of goods and services an important meeting is taking place in Tehran the capital of Iran. According to…
Evidence That Fela – Not Ben Bruce – Started The #BuyNaijaToGrowTheNaira Concept
Social Media has been agog with the #BuyNaijaToGrowTheNaira campaign made popular by Senator Ben Bruce. However, a poster on Facebook Tokunbo Akomolede, reveals the concept of Buy Naija Grow the…
MTN Partners Jumia To Launch Entrepreneurship Challenge Across Africa
MTN has partnered with the MTN Solution Space and Jumia to launch the MTN Entrepreneurship Challenge which will bring together over 1000 African entrepreneurs, students and investors, to collaborate on…
OPED: For Once, I Support Buhari On Banning Forex For School Fees
I was just going through the returns as rendered by Zenith Bank on how it utilized the forex allocated to it by the CBN and what has struck me is…
10 Mistakes Startups Make And How You Can Avoid Them
Over 90% of Startups often fail in their first three years of operations and many more fail due to premature scaling. The few that make through to maturity often do…
Why FG Has Stopped The Plan To Privatize Nigeria’s Satellite Communication
Minister of Communications, Mr. Adebayo Shittu has said that the federal government has stopped the plan to privatise the Nigerian Communications Satellite Limited (NigComSat) because it will short change Nigerians.…