Tag Archives: CBN


In an effort to further ease economic gridlock, the Central Bank of Nigeria on Monday released new foreign exchange policy actions. The CBN in a press release said the new forex policy will help ease the challenges faced by Nigerians Read more…


A society is likely to remain largely in subsistence production if most of its members are poverty-stricken as the poor can hardly afford capital for expansion in production. They thus resort to labour intensive production with the margin of productivity Read more…


Though poverty is said to result from many causes, poverty is primarily a function of entrenched social and economic inequality at both national and international levels (Oxfam Community Aid Abroad, 1992). At the international level, such inequality is manifested in Read more…