The Bank of England has warned the UK is facing its longest recession since records began, as it raised interest rates by the most in 33 years. In its outlook for the UK economy, it said the country would face…
Rishi Sunak takes office as new British PM, faces daunting task
Rishi Sunak said on Tuesday he was not daunted by the scale of the challenge as he became Britain’s third prime minister in two months, pledging to restore trust, rebuild confidence and lead the country through an economic crisis. The…
Focus more on borrowing ideas, not money from China – Obi
Vice Presidential Candidate of the Peoples Democratic Party (PDP) in the 2019 elections, Mr Peter Obi, has said that borrowing progressive economic ideas from China will be more beneficial to Nigeria than taking public loans to pump into the economy.…
Obi laments Nigeria’s total dependence on oil, makes case for restructuring
Vice Presidential Candidate of the Peoples Democratic Party in the 2019 election, Mr Peter Obi, has described as a curse, Nigeria’s total dependence on oil revenue which, he said, has stopped people from critical thinking and innovating new ways to…
Buhari thanks Tinubu, Amaechi and Oshiomhole for victory
President Muhammadu Buhari has thanked the trio of Bola Ahmed Tinubu, Rotoimi Amaechi and Adams Oshiomhole for his victory in the presidential elections of Saturday February 23, 2019. In a 12 paragraph statement, Buhari who beat his main rival, Atiku…
Resurgent Economy: 10 things to know by Presidency
The Fourth Quarter 2018 Gross Domestic Product (GDP) results released recently by the National Bureau of Statistics (NBS) give lots of cause to cheer, the Presidency has said. A statement by the President’s spokesperson, Femi Adesina, contains 10 points why…
Economy gets first policy direction for 2019 today (Guardian)
In the absence of an approved budget for 2019, the Central Bank of Nigeria (CBN), will today, lead the way with a policy decision that revolves around interest rate and sustenance of interventions for frailties of fiscal authorities. The Monetary…
2019: Interrogating campaign promises and electoral programmes – Jaye Gaskia
The long awaited 2019 general elections are just around the corner; and the Presidential and National Assembly elections are just barely six weeks ahead. As the dates for the elections rapidly approach, election campaigning by the candidates and their parties,…
We said it!!! Atiku picks Peter Obi as running mate
Weeks before the PDP primaries that produced Atiku Abubakar as presidential candidate, thisislagos.ng gave reasons why Atiku would pick Petet Obi and what an Atiku/Obi Ticket will mean for Nigeria. The reasons are reproduced below: Thisislagos tells you why an…
Obasanjo’s endorsement of Atiku a well-rehearsed theatre -Presidency
The Presidency has described former President Olusegun Obasanjo’s endorsement of the Peoples Democratic Party (PDP) candidate, Atiku Abubakar as a well-rehearsed theatre. “The Presidency has received the news of former President Olusegun Obasanjo’s predictable U-turn and somersault on the endorsement…