Tag: GDP

Recession: Financial expert seeks aggressive implementation of ESP

Abdul Jimoh- November 21, 2020

Uche Uwaleke, Professor of Finance and Capital Market, has called for early passage of the 2021 Appropriation Bill and aggressive implementation of the Economic Sustainability ... Read More

FG To Invest In Animation Industry – Osinbajo

Abdul Jimoh- August 2, 2019

The Federal Government has promised to invest in the animation industry and other creative sectors to make jobs available for youths, boost GDP, and achieve ... Read More

East Africa Records Highest GDP of 5.7% in 2018–AfDB

Henry Solomon- April 5, 2019

The African Development Bank (AfDB) says economic growth in East Africa has recorded the highest GDP among other regions on the continent. The statement released ... Read More

Emefiele Foresees Three Per cent GDP Growth Rate in 2019

admin- March 22, 2019

The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, Thursday projected that the Nigerian economy would grow by three per cent in 2019, higher ... Read More

FEC Okays $22.99m For Maritime Security

Abdul Jimoh- December 12, 2018

The Federal Executive Council (FEC) on Wednesday approved 22.995million dollars (N7.14billion) to enhance the security of the nation’s Maritime sector The Minister of Transportation, Mr. ... Read More

IMF Warns Of Rising African Debt In Spite Of Faster Economic Growth

Abdul Jimoh- May 8, 2018

The IMF on Tuesday warned that Sub-Saharan African nations are at growing risk of debt distress because of heavy borrowing and gaping deficits, in spite ... Read More

Nigeria, biggest loser of illicit financial flows out of Africa – Adeosun

inno.korie- February 16, 2018

Nigeria is the biggest loser of the 50 billion dollars illicit financial flows out of Africa annually, Minister of Finance, Mrs Kemi Adeosun, has said. ... Read More

Stock Exchange Records 21.71bn Shares Worth N197.22bn in Renewed Confidence

Henry Solomon- February 6, 2018

The Nigerian Stock Exchange (NSE)  recorded a turnover of N197. 22 billion on 21.71 billion shares transacted in 168,649 deals in January 2018, amid increased confidence. ... Read More

2018 Budget: FG’s Non-Oil Revenue Projection Impresses Expert

Abdul Jimoh- November 8, 2017

The President, Institute of Fiscal Studies of Nigeria, Mr Godwin Ighedosa, has commended the Federal Government for making non-oil sector as the centre of its ... Read More

Recession Exit: Standard of Living to improve – Lai Mohammed

Arowobusoye Samuel- September 8, 2017

Minister of Information and Culture, Alhaji Lai Mohammed, has assured that standard of living of Nigerians will improve as the country exited recession. The Minister ... Read More

UN Launches Global Campaign To Assist 70m Unemployed Youths

Henry Solomon- June 28, 2017

UN agencies have launched a new global campaign to make it easier for  70 million unemployed youths to get financing and learn new skills to ... Read More

Economist Urges FG To Consider Hyperinflation 2017 Budget Implementation

Henry Solomon- June 19, 2017

An economist, Prof. Sarah Anyanwu has advised the Federal Government to take into focus the country’s hyperinflation in the implementation of the 2017 budget. Hyperinflation ... Read More

President Buhari Inherited Bad Economy, Soludo Says

Henry Solomon- March 11, 2017

Professor Charles Soludo, a former Governor of the Central Bank of Nigeria (CBN), has said that the present government inherited a bad economy. “To be ... Read More

Upward Trajectory Shows Nigerian Economy On Its Way Out Of Recession

Abdul Jimoh- February 28, 2017

Laolu Akande, Abuja; There are now indications that the Nigerian economy is well on its way out of recession considering the 2016 overall and last ... Read More

FG Packaging Urgent Relief For Poultry Industry, Says Ag. President

Arowobusoye Samuel- February 24, 2017

In his second meeting with representatives of the poultry industry in a week, Acting President Yemi Osinbajo, SAN, is leading an urgent effort by the ... Read More

Recession: Ekweremadu Tasks Chambers of Commerce to Proffer Solutions

Abdul Jimoh- February 23, 2017

Deputy Senate, Ike Ekweremadu On Recession Solutions Uche Anichukwu, Enugu; The Deputy President of the Senate, Senator Ike Ekweremadu, has tasked the Chambers of Commerce, Industry, ... Read More

Full Speech of President Buhari on Oil Price, Pipeline Vandalisation and GDP Rates

Arowobusoye Samuel- November 22, 2016

*Says FG has opened several channels of communication with relevant Niger Delta groups *Clean-up of the region starting with Ogoni is an irrevocable commitment SPEECH ... Read More

BMSG urges Nigerians to keep hope alive, as IMF rates nation’s economy largest in Africa

Abdul Jimoh- October 20, 2016

Members of Global Buhari Support Group As the International Monetary Fund rates Nigeria’s economy as the largest in Africa, the Buhari Media Support Group urges ... Read More

FG Expects Better Economic Outlook for Second Half of 2016

Arowobusoye Samuel- August 31, 2016

Jide Onifade: The just released GDP figures for the 2016 Second Quarter by the National Bureau of Statistics indicates a further growth in agriculture and ... Read More

Insurance Sector Denying The Country 1.5 % GDP Growth Annually – Adeosun

Henry Solomon- July 12, 2016

Minister of Finance, Mrs Kemi Adeosun, has lamented on the under-performance of the insurance sector which denies the country an annual 1.5 per cent increment ... Read More