Wednesday, September 19, 2018

Tag "The Economist"

    Lai: The Economist prediction of PDP’s victory is fake news

Lai: The Economist prediction of PDP’s victory is fake news

Lai Mohammed, minister of information, says the prediction of Peoples Democratic Party (PDP) victory at 2019 presidential poll by The Economist magazine is fake news.The Economist Intelligence Unit (EIU), the research unit of the magazine, had said though the 2019 election would be "a close contest", the PDP would defeat the All Progressives Congress (APC).Speaking when he visited corporate [...]

0 comment Read Full Article
    When the worst of the best is better than the rest

When the worst of the best is better than the rest

BY KEHINDE BAMIGBETAN The set theory is a commonsensical heritage of arithmetics. By defining a selection from a universe as a set, it makes value judgments that could relate to the mass. The Economist Intelligence Unit, the research arm of the highly prestigious Economist news magazine experiments with the set theory every year. To execute its livability survey, it selects 140 [...]

0 comment Read Full Article
    Report: Lagos is third worst city to live in the world

Report: Lagos is third worst city to live in the world

People living in Lagos, Nigeria's economic capital, are inhabiting the third worst city for humans to live in the world.This is according to the newly released ranking of the 2018 Global Liveability Index released by The Economist Intelligence Unit and World Bank.Lagos ranked 138 out of the 140 cities considered for the ranking.The only cities which were scored lower than [...]

0 comment Read Full Article
    The Economist: After Damascus, Lagos is the worst global city to live in

The Economist: After Damascus, Lagos is the worst global city to live in

The Economist Intelligence Unit (EIU), a sister publication of The Economist of London, says Lagos, is the worst global city to live anywhere in the world -- after Damascus in war-torn Syria.According to its 2017 liveability report, which considers 140 major cities, Melbourne in Australia retained its crown as the best city to live anywhere in the world, for seven [...]

6 comments Read Full Article
    Lai schools The Economist on use of English over ‘change begins with me’

Lai schools The Economist on use of English over ‘change begins with me’

Lai Mohammed, minister of information and culture, has offered The Economist, a UK newspaper, some lessons in article writing.Mohammed criticised the paper for reporting that President Muhammadu Buhari wanted to “tame” Nigerians by launching the “Change Begins with Me” campaign.The minister described the article as pejorative and racist. He also described the use of the word in it as unpardonable.“Our [...]

1 comment Read Full Article
    EXTRA: From ‘poorly qualified’, The Economist says Adeosun is a ‘tenacious’ minister

EXTRA: From ‘poorly qualified’, The Economist says Adeosun is a ‘tenacious’ minister

The Economist — the English newspaper that referred to Kemi Adeosun, Nigeria's finance minister, as "poorly qualified" eight months ago — now says she is a "tenacious minister" fixing the country's economy.In November 2015, The Economist said Adeosun, who has over two decades of experience in financing and capital management, had only managed one of Nigeria's smaller  states.“However, the new finance minister, an [...]

29 comments Read Full Article
    CBN’s defending of the naira disastrous, says The Economist

CBN’s defending of the naira disastrous, says The Economist

The Economist, a British newspaper, has branded the Central Bank of Nigeria (CBN's) defending of the naira as "disastrous", saying the currency has been "floating like a stone" having technically been allowed to float for a single day.In an article put up by the medium on Thursday, it argued that the Godwin Emefiele, the CBN governor, was following the directives of President Muhammadu [...]

0 comment Read Full Article
    Dangote: We’ll start selling forex to CBN by 2020

Dangote: We’ll start selling forex to CBN by 2020

Aliko Dangote, president of Dangote group, says his conglomerate should be selling foreign exchange to the Central Bank of Nigeria (CBN) by 2020.Dangote, who is the richest African alive, also said the problem with Nigeria should not be blamed on oil, seeing that oil traded at $9 per barrel in 1998.Speaking at The Nigeria Summit hosted by The Economist, Dangote said [...]

4 comments Read Full Article
    The Economist predicts ‘uninspiring economic growth’ under Buhari in 2016

The Economist predicts ‘uninspiring economic growth’ under Buhari in 2016

Economic growth under the presidency of Muhammadu Buhari will be "uninspiring" in 2016, The Economist has said.In the 2015 edition of its annual prediction of the economic situation of countries in an approaching year, the paper also said the All Progressives Congress (APC) will limit Buhari’s strides in the management of Nigeria’s oil sector.Nigeria’s budget balance, according to The Economist, [...]

0 comment Read Full Article
    The Economist rates Kemi Adeosun ‘poorly qualified’ to be finance minister

The Economist rates Kemi Adeosun ‘poorly qualified’ to be finance minister

Kemi Adeosun, Nigeria’s finance minister, is poorly qualified to manage the country’s economy, according to English newspaper, The Economist.In its review of President Muhammadu Buhari’s ministers, the newspaper described Okechukwu Enelamah, the minister for trade and investment, as “a respected businessman”, but noted that he "may lack the clout to stand up to the president”.“Africa’s biggest economy, which relies on oil for 70% [...]

6 comments Read Full Article
Advertisement

 

Advertisement

Advertisement

Exchange Rates

September 18, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
Advertisement
Advertisement
Advertisement