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Julius Berger Declares Zero Dividend For 2016

Julius Berger Nigeria Plc recorded a huge loss in the financial year that ended December 31, 2016 and shareholders have openly registered their discontent at its 47th annual general meeting of the...

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High Interest Rate Stifling Nigeria’s Economic Growth

At the quarterly meeting of its Governing Council in Lagos, the Nigerian Employers Consultative Association (NECA) said it is accepted practice in economic management in most jurisdictions that the...

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Automative Plants May Shut Down Due To Low Demand

Industry operators say most of the automotive plants set up under the Federal Government’s policy on industrialisation are operating 95 per cent below installed capacity. They are on the verge of...

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FG Enlists Foreign Firms To Enhance Economic Recovery

The Federal Government is hiring the United States technology giants such as Oracle Corporation and Microsoft Corporation as it steps up efforts to save costs and fight corruption. An initiative led by...

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Inflation Rate To Drop Further To 15.64% –FSDH

The National Bureau of Statistic (NBS) had revealed that inflation rate dropped to 16.25 per cent in May 2017, 0.99 per cent lower than 17.24 per cent recorded in April. However, analysts at FSDH have...

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Inflation Declines For Fifth Consecutive Month To 16.1%

The National Bureau of Statistics (NBS), in its latest report released Monday, said the inflation rate dropped further from 16.25 per cent in May to 16.10 per cent in June 2017, indicating a 0.15 per...

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Nigeria’s Economic Distress Could Persist –NEITI

The Nigeria Extractive Industries Transparency Initiative (NEITI), on Tuesday, warned that Nigeria might continue to experience deep economic challenges unless urgent steps are taken to halt her...

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Why You Should Start Your Business During Recession

Recessions are hard times. People lose their jobs, companies face the threat of shutting down, and the lucky ones take the losses from their cash reserves. So, it might sound strange when you are told...

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Top Recession-Proof Business Ideas

Recession might be a difficult time, and it’s common to see a number of people lose their jobs, companies suffering threat of being closed down and people having limited funds to spend. However,...

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What If We Told You, Your Business Can Thrive –Inspite of the Tough Economic...

If you’re a business owner in Nigeria, you should know what it means to go through tough economic times. Low sales, increased cost, and what have you, economic challenges has rocked Nigeria’s business...

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