Emerging-market assets may be enjoying a strong start to the year, but one country missing out on the rally is Nigeria.
As the National Bureau of Statistics (NBS) releases its December 2018 inflation figures this week, leading research firms in the country, FSDH Research and Financial Derivatives Company (FDC), said in their forecasts at the weekend that the nation’s inflation rate for December 2018 would increase.
The Lagos State Government Saturday disclosed that its economy recorded an unprecedented boost in the entertainment, hospitality and creative sectors in four weeks of the yuletide season.
Nigeria’s real GDP growth will expand by 2.2 per cent in 2019, the World Bank has said in its annual Global Economic Prospects published on Wednesday, slightly upgrading the country’s projected growth rate from 2.1 per cent in June 2018.
The United States and China concluded on Wednesday three days of extended talks to resolve their trade war, with a member of the American delegation saying negotiations “went just fine”.
No fewer than 120, 000 rice farmers in Kano State would benefit from the Federal Government’s Anchor Borrower programme for this year’s dry season farming.
Nigeria’s 2.1 per cent economic growth projection in 2019 is expected to drive the regional growth forecast of 2.9 per cent, the United Nations report has projected.
Federal Inland Revenue Service (FIRS) has broken Nigeria’s all-time revenue generation record, after generating N5.3 trillion in 2018.
The Federal Inland Revenue Service says it is targeting N8.3 trillion from the collection of various taxes in 2019 from the N5.32 trillion realised in 2018.
The magazine said it compiled the list by rating 161 countries on 15 factors: property rights, innovation, taxes, technology, corruption, infrastructure, market size, political risk, quality of life, workforce, freedom (personal, trade and monetary), red tape and investor protection.
The Manufacturers Association of Nigeria, (MAN) has expressed concern that there may be a further depreciation of the Naira due to the recent pressure on the country’s external reserve arising continuous dip in oil prices and the usual withdrawal of foreign capital due to anticipated political uncertainty.
Some Nigerians have projected rise in inflation and borrowing rates as well as naira appreciation in the next 12 months.
Gonzalo Higuain will reportedly arrive in London on Tuesday to complete his move to Chelsea.
Former Governor Fayose received $5m from ex-NSA Dasuki’s imprest account – Senator Obanikoro tells...
A former Minister of State for Defence, Senator Musiliu Obanikoro, on Monday told a Federal High Court that money was given to former Governor Ayo Fayose of Ekiti State from the imprest account of a former National Security Adviser in June 2014.
Ahead of next month’s presidential election, pop star Innocent Idibia, popularly known as 2Face, has called on political parties and their standard bearers to eschew violence and embrace peace.
No fewer than 30 political parties in Bauchi State have disassociated themselves from the coalition of six political parties led by Speaker Yakubu Dogara plotting the defeat of Governor Mohammed Abubakar in the forthcoming general elections.
The Action Democratic Party (ADP) governorship candidate for Abia State, Okey Udo, says lack of fund is a major challenge confronting political parties in their campaigns ahead of the general elections.
Governor Nyesom Wike of Rivers State, has said that the Minister of Transportation was behind the plot to destroy the Chief Justice of Nigeria, CJN, Justice Walter Onoghen.
Gov. Aminu Tambuwal of Sokoto state on Saturday called on Nigerians to vote leaders that will protect and secure Nigeria’s future.
Nigeria and Africa’s first female Skeleton athlete at a Winter Olympics, Simidele Adeagbo, revealed she’s ready to set another record in her illustrious career.
Vice-President Yemi Osinbajo yesterday took a swipe at those condemning President Muhammadu Buhari’s performance in public outing, saying there was no problem with the president’s health.
An eyewitness who fled from the crisis along with several others told newsmen that several houses were burnt.