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OIL MARKET: GLOBAL DEMAND TO GROW BY 6 MB/D IN 2021 ― OPEC

Despite the prolonged Coronavirus pandemic, the Organisation of Petroleum Exporting Countries, OPEC, has predicted that the global demand will increase by six million barrels per day, mb/d in [...]

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TWITTER’S CHOICE OF GHANA A MISSED OPPORTUNITY FOR NIGERIA’S TECH

Twitter describes Ghana as a supporter of free speech, online freedom, and the open internet. Twitter has announced that its first office in Africa will be located in Ghana and not Nigeria which [...]

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NIGERIA’S CASHLESS ECONOMY STILL A MILLENNIAL PARTY

Millennials are already the bulk of the working class in Nigeria and therefore for has more disposable income than Gen Zs and boomers. Millennials in Nigeria are firmly in the driving seat in [...]

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IMF’S SDR COULD SEE 20% RISE IN NIGERIA’S EXTERNAL RESERVES

The International Monetary Fund (IMF) expects Nigeria’s economy which has been severely impacted by the COVID-19 pandemic to contract by 3.4 percent in 2020, a 6-percentage point drop compared to [...]

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GLOBAL DEMAND FOR TALENT SHRINKING NIGERIA’S MANPOWER

At what may be Nigeria’s weakest point (following two economic recessions and a generally distressed economy), developed countries are intensifying offers of exciting incentives, luring away the [...]

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WHY NIGERIANS PAY MORE FOR MORTGAGE THAN AFRICAN PEERS

Housing anywhere in the world is a basic necessity, which in the order of human needs, ranks third after food and clothing. Whereas housing anywhere in the world is a basic necessity, which in [...]

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NIGERIA’S NEGLECT OF SCIENCE RESEARCH SEES FOREIGNERS DOMINATE PATENT OWNERSHIP

From 2016, 2017 and 2018, foreigners have accounted for about 80, 60, and 80 percent of the total patents granted in Nigeria. Nigeria’s low investment in scientific research has seen foreigners [...]

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DIGITAL ECONOMY TO DRIVE GROWTH, CREATE JOBS SAYS EMEFIELE

To further expand the economic pie, Nigeria needs to build a solid digital economy, by focusing on digital infrastructure, especially internet connectivity, Godwin Emefiele, governor of the [...]

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Nigeria Loses 20% Passenger Traffic Over Emirates, Etihad Exit

The suspension of Emirates Airlines and Etihad’s withdrawal from Nigerian airspace has cost the country, at least, a 20 per cent decline in international passenger traffic. The Guardian learned [...]

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SEC Unveils New Rules On Commodity Trading

To ensure a vibrant commodities trading ecosystem, the Securities and Exchange Commission (SEC) has unveiled new rules on warehousing, collateral management, and other requirements. According to [...]