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Federal govt screens 240 projects for ERGP focus labs

The Federal Government has so far screened 240 projects for the Economic Recovery and Growth Plan (ERGP) focus laboratories, Sen. Udoma Udo Udoma, the Minister of Budget and National Planning said today.

Governor Amosun targets N10 billion IGR monthly

The Ogun government says it plans to increase its monthly Internally Generated Revenue (IGR) from seven billion naira to N10 billion.

Kemi Adeosun seeks more technical, institutional support for West African economy

For quicker economic development, the Minister of Finance, Mrs. Kemi Adeosun, on Tuesday called for more technical and institutional support from the Africa Regional Technical Assistance Center West 2 (AFRITAC West 2) for West African countries.

Report: Ghana set to become world’s fastest-growing economy

Ghana is poised to become the fastest growing economy in the world with the recent boost in the nation’s oil revenue.

Kenya private-sector activity strongest in nearly two years

Kenya’s private-sector activity expanded at a rapid pace last month as output rose and orders increased, a survey showed on Monday, news that will cheer investors after months of election-related contraction last year.

Senator Udoma: ERGP focus laboratories will increase productivity

Senator Udoma Udo Udoma, the Minister of Budget and National Planning, said the Economic Recovery and Growth Plan focus laboratories initiative would raise the level of productivity in the country.

Senator Udoma: Nigeria is fully out of recession

The development, the government said, followed the latest reports by the National Bureau of Statistics on the nation’s Gross Domestic Product, GDP, and other related economic performance numbers.

IMF lauds Nigeria’s strong recovery in foreign exchange reserves

The International Monetary Fund (IMF) on Wednesday welcomed Nigeria’s exit from economic recession and lauded its strong recovery in foreign exchange reserves.

President Buhari to inaugurate ERGP Focus Labs

The Minister of Budget and National Planning, Sen. Udoma Udo Udoma, said the Economic Recovery and Growth Plan ERGP Focus Labs would be inaugurated by President Muhammadu Buhari on Tuesday.

IMF: Nigeria out of recession

The International Monetary Fund (IMF) on Wednesday welcomed Nigeria’s exit from economic recession and lauded its strong recovery in foreign exchange reserves.

CSA: Ethiopia’s inflation jumps to 15.6% in February

Ethiopia’s year-on-year inflation rate jumped to 15.6 per cent in February from 13.4 per cent in previous month, the statistics agency said on Wednesday.

Lai Mohammed: Rice importation drops from 644,000 MT to 22,000 MT in 2 years

The Minister of Information and Culture, Alhaji Lai Mohammed, has said the present administration’s agricultural revolution is not a mere propaganda but a reality, with enough evidence to back it up.

Femi Otedola: Lagos’ll become Africa’s third largest economy

Billionaire businessman Femi Otedola has predicted that Lagos will become the third largest economy in Africa by the end of Governor Akinwunmi Ambode’s tenure.

NBS: Nigeria’s total import stands at N9.56b in 2017

The National Bureau of Statistics says the country’s total imports for 2017 stood at N9.56 billion.


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NTF: Tennis academy, key to building great stars in Nigeria

Ifedayo Akindoju, President of Nigeria Tennis Federation (NTF), on Tuesday identified Tennis academy as key to building great stars in Nigeria capable of competing globally.

China waives income tax for foreign investors trading yuan crude futures

China will waive income tax for three years for foreign investors trading the country’s new crude futures contract, the Ministry of Finance said on Tuesday.

Recep Erdogan vows to extend Turkey’s operation to Syria’s northeast

Turkey has vowed to expand its operation in Syria's Afrin region to other Kurdish-held areas further east, prompting fears for a possible confrontation with US troops stationed in the area.

Israel, US slam Abbas for calling American ambassador ‘son of a dog’

U.S. and Israeli officials lambasted Palestinian President Mahmoud Abbas Tuesday after the premier called the American ambassador to Israel a “son of a dog” and a “settler” in a fiery speech the day before.

Kogi doctors suspend 72-day-old strike

The Nigerian Medical Association (NMA) in Kogi chapter, has suspended its 72-day old strike to enable further negotiations with the state government.

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Gaizka Mendieta: Chelsea will not be able to stop Lionel Messi and Barcelona

Chelsea cannot stop Lionel Messi in the second leg of their Champions League Round of 16 tie at Camp Nou, according to former Spain international Gaizka Mendieta.

United Labour Congress passes vote of no confidence on Nigeria Labour Congress

The United Labour Congress of Nigeria (ULC), yesterday, passed a vote of no confidence in the Nigeria Labour Congress (NLC), saying its leadership has failed workers.

Governor Wike: No going back on Rivers’ neighbourhood watch

Rivers State Governor Nyesom Ezenwo Wike has vowed that the controversial Neighbourhood Watch which has generated so much agrimony has come to stay as it fashioned like the one in Lagos.

Christian Eriksen’s double leads Tottenham into FA Cup semis

Tottenham Hotspur strolled into the semifinals of the FA Cup with a Christian Eriksen-inspired 3-0 victory over Swansea City.

Cesc Fabregas: I’ll try to make Lionel Messi uncomfortable

Cesc Fabregas says that he is motivated to face Lionel Messi on Wednesday and is ready to do everything possible to make life uncomfortable for his former Barcelona club-mate.