Nigeria Loses Over $373b In Covid-19 Lockdown-Study

LAGOS SEPTEMBER 25TH (NEWSRANGERS)-A study on the impact of COVID-19 lockdown on the Nigerian Economy by the Copenhagen Consensus Centre in conjunction with the National Institute for Legislative and Democratic Studies (NILDS) shows that the policy costs the country over $373.5 billion. The study revealed that moderate social distancing and school closures policies by Nigeria,…

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African Anti-Corruption Day: Obi Laments Increase Cost Of Corruption Bearing On Nigeria Economy

LAGOS JULY 13TH (NEWSRANGERS)-Vice Presidential Candidate of the Peoples Democratic Party (PDP) in the 2019 election, Mr Peter Obi has lamented the increasing cost of corruption bearing down on Nigeria’s economy ranging from borrowed funds not put into judicious use, revenues not properly accounted for to constant demands for kick-backs by public office holders. Obi,  in…

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Covid-19, Falling Oil Prices Forcing Nigeria Economy Into Recession-Finance Minister

LAGOS MAY 22ND (NEWSRANGERS)-The nation’s finance minister, Zainab Ahmed, says the coronavirus pandemic and falling oil prices are set to force the economy into recession. Ahmed made the comments after the National Economic Council (NEC) meeting in Abuja on Thursday. “On the economy, COVID-19 has resulted in the collapse in oil prices,” she said. “This will…

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Peter Obi Explains How PDP’ll Fix Nigeria Bleeding Economy If Voted Into Power

LAGOS DECEMBER 24TH (NEWSRANGERS)-Vice Presidential Candidate of the Peoples Democratic Party (PDP), Mr. Peter Obi, at the weekend gave an idea of how he and the party’s Presidential Candidate, Alhaji Atiku Abubakar, would fix the country’s economy if voted into power by Nigerians during the February 2019 election. Obi, who was fielding questions from newsmen…

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