Economy

The Negative Impact of the Corona Virus Pandemic on Nigerian Businesses

The Negative Impact of The Corona Virus Pandemic on Nigerian Businesses Novel Coronavirus of 2020, now being termed as COVID-19, has continued to infect people all over the world, claiming more than 100,000 lives already in early April, 2020. The virus, which is believed to have originated from Wuhan, China, has been disrupting the world’s economy with countries quarantining their entire nation, some selected cities, states and regions to curb the spread of the virus. …

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Why is China so interested in Nigeria?

Why is China so interested in Nigeria? Nigeria is a developing country in West Africa. It is adjudged to be the biggest economy in Africa. This makes her the darling of every business minded concerns and nations. Over 70% of exports by Nigeria include oil and petroleum, making this sector the backbone of its economy. The Government has also made conscientious effort in developing other sectors of the economy as export income earners. These are …

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Border Closure and its Benefit to the Nigerian Economy

Border Closure and its Benefit to The Nigerian Economy Nigeria is the largest country in the African Continent in terms of economic volume, and it is the latest nation in Africa to close its borders to international trade after Kenya, Rwanda, and Sudan. This stands to reason as no country will ever leave its border at the mercy of other countries as several illegal practices like smuggling would be widespread. In August last year, Nigeria banned …

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