Business Hilights

Tracking Nigeria's Headline Business News Online

Odilim Enwegbara

Data from one quarter not enough to declare out of recession—Dev. Economist

Leading Abuja based Development Economist and economy analyst, Mr. Odilim Enwegbara, has reacted to the use of data from just one quarter by the National Bureau of Statistics (NBS) to declare Nigeria is out of recession. In an interview, he…

Experts fault CBN’s claims of inflationary pressure for not cutting banks’ lending rates

Nigerians have reacted to a recent comment by an official of the Central bank of Nigeria (CBN), saying that the apex bank may not reduce the benchmark lending rate anytime soon owing to the high inflationary pressure in the country….

Expert raises series of questions for CBN over retaining key interest rate at MPC meeting

Leading Abuja based development economist, Mr. Odilim Enwegbara has angrily reacted to the retaining of all rates at the end of the last Monetary Policy Committee (MPC) meeting by the Central Bank of Nigeria (CBN), saying such act is giving…