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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

Lagos ex-commissioner, RULAAC advocate equal fund for police, National Assembly

Former commissioner for lands in Lagos State, Mr. Fola Arthur-Worrey, and the executive director, Rule of Law and Accountability Advocacy Centre (RULAAC), Mr. Okechukwu Nwanguma, have called for equal funding for the Nigeria Police Force (NPF) and the National Assembly.

Bandits kill four persons in Katsina

No fewer than four persons were killed when armed bandits invaded the Tsayu village in Jibia Local Government Area of Katsina State on Sunday night.
Alexis Sanchez has been sidelined for the past month with a hamstring tear. REUTERS

Gary Neville: Alexis Sanchez is a disaster for Manchester United

Alexis Sanchez has “been a disaster” for Manchester United, admits Gary Neville, with the Red Devils legend looking for the Chile international to be moved on before transfer windows close across Europe.

We’ll not compromise Akwa Ibom’s unity – deputy governor

Akwa Ibom State Government has said that no effort would be spared in ensuring that there is unity and harmony among the ethnic groups in the state.

Official: Cross River ultimate beneficiary of school feeding programme

The Federal Government says that Cross River State has benefited immensely from the National Home Grown School Feeding Programme (NHGSFP).