Tag: Economy

Customs generates N976.6bn revenue in 8 months

Abdul Jimoh- September 10, 2020

The Nigeria Customs Service (NCS) has so far generated N976.6 billion revenue from January to August for the country. The document obtained from the service ... Read More

Inflation Increases to 12.82% in July — NBS

Henry Solomon- August 17, 2020

The National Bureau of Statistics (NBS), says Nigeria’s inflation rate has increased by 12.82 per cent (year-on-year)  in July 2020. This is according to the ... Read More

Rail Transport Remains Game Changer for Nigeria’s Economy – Shippers’ Council

Henry Solomon- August 16, 2020

The Executive Secretary of Nigerian Shippers’ Council (NSC ), Hassan Bello, has said that rail transport remains the game changer for the Nigeria’s economy and ... Read More

National Gas Transportation Network Code to go-live Monday

Henry Solomon- August 8, 2020

Derefaka, Technical Adviser,  Gas Business and Policy Implementation to Minister of State for Petroleum Resources, says the National Gas Transportation Network Code (NGTNC) will “Go-Live” ... Read More

Impact of COVID-19: Poor People in Africa to Increase by 49.2m in 2021 -AfDB

Henry Solomon- July 7, 2020

The African Development Bank (AfDB) says the number of extreme poor people could increase by 34 million and 49.2 million due to the COVID-19 pandemic ... Read More

Mechanics in Kaduna Resort to Home-Services Amidst COVID-19

Henry Solomon- April 21, 2020

Some automobile mechanics in parts of Kaduna have resorted to rendering home-services to their customers to make ends meet while the lockdown persists. The mechanics ... Read More

Expert Enumerates Benefits of Cassava Value Chain, Urges Nigerians to Invest in it

Henry Solomon- February 8, 2020

A Professor of Food Technology, Lateef Sanni, on Saturday, urged the government and the citizens to engage in cassava value chain because of its numerous ... Read More

FG launches new visa policy to boost economy

Abdul Jimoh- February 4, 2020

The Federal Government on Tuesday in Abuja launched a New Visa Policy (NVP) to boost the nation’s economy and allow travellers to visit Nigeria without ... Read More

Dr. Is a Pantami States Key to Digital Economic Development

Tanimu- December 7, 2019

The 7th Regular Meeting of National Council On Communications and Digital Economy closing ceremony was chaired by the Chairman of the Council, the Honourable Minister ... Read More

Adebayo Restates FG’s Commitment to Support Local Industrialists

Henry Solomon- December 6, 2019

Mr Richard Adebayo, the Minister of Industry, Trade and Investment, has restated Federal Government’s commitment to supporting local industrialists. Adebayo made the statement in Warri ... Read More

NSE Market Indices Rose by 0.54%

Henry Solomon- November 12, 2019

Nigerian equities market resumed trading for the week on Tuesday with a growth of 0.54 per cent after Monday public holiday declared by the Federal ... Read More

Senate Backs $10bn Investment in Gas Sector

Henry Solomon- November 8, 2019

The Senate is throwing its full weight behind the 10billion dollars Train seven Project investment in the nation’s gas sector, by the Nigeria Liquefied Natural ... Read More

Britain’s Plan to Raise Minimum Wage Endorsed by Review

Henry Solomon- November 4, 2019

Britain’s plan to raise the minimum wage to two-thirds of median earnings, taking it to 10.50 pounds (13.58 dollars) an hour, was endorsed by an ... Read More

Bumper Harvest Will Crash Price of Rice – Bagudu

Henry Solomon- November 4, 2019

Governor Atiku Bagudu of Kebbi says the bumper harvest recorded this farming season will help stabilise the price of rice in Nigerian markets. Bagudu, who ... Read More

IMF Backs Nigeria on Border Closure

Henry Solomon- October 19, 2019

The International Monetary Fund (IMF) has backed Nigeria’s closure of its borders with some neighbouring countries over issues bordering on illegal trade. Mr Abebe Selassie, ... Read More

Nigeria will Not Progress Without Taxation – CITN

Henry Solomon- October 15, 2019

Mrs Olajumoke Simplice, President, Chartered Institute of Taxation of Nigeria (CITN), has said that Nigeria will not progress without effective taxation system in place. Simplice ... Read More

Osinbajo Presides Over National Economic Council

Abdul Jimoh- September 19, 2019

Vice President Yemi Osinbajo on Thursday presided over the National Economic Council (NEC) meeting at the Presidential Villa, Abuja. The vice president, by the provisions ... Read More

Why Buhari remains best hope for Nigerian economy – Presidency

Arowobusoye Samuel- August 9, 2019

The Presidency has described as untrue the Peoples Democratic Party (PDP) assertion that the Nigerian economy is in trouble. A presidential Spokesman, Malam Garba Shehu, ... Read More

Netherlands Buys 47% of Nigeria’s Cocoa – Awolowo

Henry Solomon- July 9, 2019

Mr Olusegun Awolowo, the Executive Director, Nigerian Export Promotion Council (NEPC), says the Netherlands buys 47 per cent of Nigeria’s Cocoa. Awolowo made this known ... Read More

NCWD, NBS to Collate Data on Women’s contribution in Nigeria’s Economy

Henry Solomon- July 2, 2019

The National Centre for Women Development (NCWD) Abuja says it is set to collaborate with National Bureau of Statistics (NBS) to collate data on the ... Read More