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Economic Intelligence Unit

Misery Index: Nigeria not a miserable country

In a report titled: “The Misery Index 2018,” authored by Dr. Steve Hanke of the Johns Hopkins University in Baltimore, Maryland, Nigerians have been labelled the sixth most miserable people in the world. The misery index was introduced in the 1970s by Arthur Okun, an American economist, author of the seminal work, Equality and Efficiency: The Big Trade Off (1975).

Central bank to auction N908 billion treasury bills in Q1

The Central Bank of Nigeria (CBN) yesterday released its Treasury Bills Issuance Programme for the first quarter of 2019.

Central bank injects $210 million into foreign exchange market

The Central Bank of Nigeria (CBN) has sustained its intervention in the Inter-Bank Foreign Exchange Market by injecting 210 million dollars into the various segments of the market.

CBN vows to clamp down on businesses, banks that abuse Forex on 42 restricted...

The Central Bank of Nigeria (CBN) on Monday vowed to clamp down on individuals and businesses engaging in clandestine activities to frustrate the restriction of foreign exchange on the importation of 41 items into the country.

Losing sleep over The Economist, other predictions

It matters a lot to our politicians what the foreign press or agencies say about them, especially about their electoral chances. If foreigners, particularly those in London or New York, say something nice, our politicians take it to heart and repost as far and wide as they can. If not, they get mad.

Recent Stories

The governing council of the University of Lagos (UNILAG) has removed Oluwatoyin Ogundipe as the vice-chancellor of the school.

UNILAG governing council removes Oluwatoyin Ogundipe as vice chancellor

The governing council of the University of Lagos (UNILAG) has removed Oluwatoyin Ogundipe as the vice-chancellor of the school.
The President of the Senate, Dr Ahmad Lawan has described insinuations that he is a rubber stamp to the Executive as “sentimental and laughable”.

Senator Lawan celebrates with Nigerian Youth on International Youth Day

President of the Senate, Ahmad Lawan, has felicitated with the Nigerian Youth on the occasion of the International Youth Day 2020.
Canadian tennis star Eugenie Bouchard has said goodbye to posting bikini pictures on Instagram, revealing that it is taking the shine off her tennis career.

Eugenie Bouchard makes U-turn dumps bikini posts on Instagram

Canadian tennis star Eugenie Bouchard has said goodbye to posting bikini pictures on Instagram, revealing that it is taking the shine off her tennis career.
Rangers manager Steven Gerrard has backed Nigerian midfielder Joe Aribo to have a fantastic career in football.

Joe Aribo happy learning from Northern Ireland, Scotland, Finland midfielders

Super Eagles midfielder Joe Aribo says he is being a sponge – a keen learner from his fellow Glasgow Rangers midfield players; Steven Davis, Ryan Jack and Glen Kamara who are also national team players.

Native doctor, 67 IPOB members arrested for unlawful assembly

Imo State Commissioner of Police, Isaac Akinmoyede Wednesday said one native doctor and 67 Indigenous People of Biafra (IPOB) members have been arrested for unlawful assembly.Imo State Commissioner of Police, Isaac Akinmoyede Wednesday said one native doctor and 67 Indigenous People of Biafra (IPOB) members have been arrested for unlawful assembly.