Tag: GDP
Recession: Financial expert seeks aggressive implementation of ESP
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
*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
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
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
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