TOPIC

Dangers of Unnamed News Sources and the Negative Impact on Economic
Growth

AUTHOR

Godfrey E. I. T.


ABSTRACT
Nigeria’s economy remains fragile, owing to multiple factors such as growth and
vulnerability to changes in external conditions, especially oil price, fluctuations as well as
internal factors due to political and social unrests; hence this research investigated how
the arbitrary use of anonymous sources could lead to the spread of disinformation and
also endanger the nation’s economy. Anchored on the uses and gratifications theory, the
paper asserts that fake news about Nigeria has negative consequences on her image and
the ability to attract foreign investments into the country, thus, constituting a danger
to the nation’s growing economy. It further identified other factors such as financial
misinformation, fall in the nation’s stock price, panic withdrawals of depositors’ funds as
a result of unforeseeable factors which could be a liquidity crisis for the bank, among
others. This paper therefore concluded that as a way to check disinformation, there
should be a policy by news organisations in Nigeria, stating that any reporter who
wants to use anonymous sources in news reporting should obtain permission from
his/her editor.
Keywords: News source, Economy, Disinformation, Reporting and Dangers.


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PUBLISHED

2023-01-11

HOW TO CITE

Godfrey E. I. T. (2023).Dangers of Unnamed News Sources and the Negative Impact on Economic
Growth. IAA Journal of Arts and Humanities, 10(1):46-50.