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June 12, 2021 Q1:2021 Foreign Trade Statistics Report: Nigeria’s Woes Deepen on Lower-than-Expected Crude Oil Earnings

Fresh data emerged this week on the worrisome state of Nigeria’s merchandise trade position with the rest of the world. According to the National Bureau of Statistics (NBS), Nigeria recorded a Goods trade deficit of ₦3.9tn in Q1:2021 (2.6% of GDP), the highest in more than twelve successive quarters. This was jointly driven by a […]

March 22, 2021 Nigerian Economy and Financial Markets: A Blurry Path to Recovery

In our 2020 Outlook report, titled Nigeria in the New Decade: Nothing Ventured; Nothing Gained, we had reviewed the performance of the Nigerian economy over the last decade and highlighted critical imperatives necessary to restore the nation on the path of prosperity in the new decade. We noted that while economic performance in the last […]

Nigeria’s Misery Index Worsens

Q4:2020 Labour Market Statistics: Youth Unemployment at an All-time High The Nigerian Bureau of Statistics (NBS) released the labour statistics for Q4:2020 and we summarise the highlights. Interestingly, the NBS was able to conduct the survey through face-to-face interviews following the lifting of restrictions imposed by the pandemic compared with the Computer Assisted Telephone Interview […]

March 1, 2012 Cutting Down On Travel Costs

Even with Skype and Facebook today’s business person still has a lot of travelling to do. Be that as it may, we have to keep our expenses down and business trips are major money guzzlers. Here are a few ways to keep these costs down. Social network sites: Most (perhaps all) airlines and road transport […]

Corporate Social Responsibility

Corporate Social Responsibility is a concept whereby companies voluntarily integrate social and environmental concerns in their business operations and in their interaction with their stakeholders. It is the commitment of a company to contribute to sustainable economic development, working with employees, their families, the local community and society at large to improve their quality of […]

Networking DOs & DONTs

There is such a thing as networking etiquette. Here are a few DOs & DONTs DO •Carefully craft out the impression you want to make in line with the image you have chosen for yourself. Your language and dress sense should reflect this. •Carefully choose your meeting and gathering. Get tickets to the ‘right’ concerts, […]

Tricks To Make Your Home More Spacious

Mirrors: Mirrors create an illusion of space by ‘doubling’ the room in your eyes. Fit large vertical mirrors on 3 of the walls. You can have them as wide as possible and they are beautiful and ‘fresh’ as well. Another space ‘opening’ factor of mirrors is the fact that they multiply the light in the […]

Tax Wise: Tax Governance as an index for your investment decisions

Sometime ago, I was daunted by the headlines of some newspapers that a bank has commenced winding up proceedings against a large oil marketing company in Nigeria over unpaid loans relating to certain transactions. This was not the disturbing bit of the news. Tucked in somewhere towards the end of that article was the information […]

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