The International Monetary Fund (IMF) has stated that a multilateral response is critical to overcome the COVID-19 pandemic in India and globally.
The Nigerian Export Promotion Council (NEPC) has charged Small and Medium Enterprises (SMEs) to embrace modern packaging of their products to make the required impact on both domestic and export markets.
The Nigerian Investment Promotion Commission (NIPC) said it tracked $8.41bn worth of Investments from 15 Projects across eight States. The States include: Bayelsa, Lagos, Kano, Nasarawa, Delta, Edo, Bauchi and Akwa Ibom.
As the nation battles the spike in poverty rate, the Presidential Economic Advisory Council (PEAC) has disclosed that $1.6 trillion was needed to effectively tackle the scourge in Nigeria within a period of 10 years as it expressed optimism in the ability of the federal government to achieve poverty reduction within the specified time frame.
The Lagos Chamber of Commerce and Industry (LCCI) says the rising insecurity in Nigeria has reduced investor confidence.
The Ekiti state government has received 250 cows from the United States as part of a joint venture programme with Promasidor Group, a food and beverage company.
The Onne command of the Nigeria Customs Service (NCS) has generated N39billion as revenue for the federal government for the first quarter of 2021.
The CBN’s economic report on ‘Sectoral Utilisation of Foreign Exchange’ for January said a total of $160 million was spent from Nigeria’s FX on importing food in January.
The Minister of Industry, Trade and Investment, Mr. Niyi Adebayo, yesterday expressed concern over the decrease in volume of trade between Nigeria and South Korea.
Nigeria Economic Summit Group (NESG) has described the business space in Nigeria as over-regulated, and urged the federal government to navigate the economy from the current doldrums.
Mr Thomas Muopshin, the Project Coordinator, Plateau Potatoes Value Chain Support Project, says the project has significantly boosted the state internally generated revenue.
Professor Ofiafoh Eiya, a Professor of Accounting and Taxation, University of Benin, Benin City, has called for the diversification of the economy to agriculture and solid minerals for sustainable national growth and development.
The International Monetary Fund (IMF) says sub-Saharan Africa’s low-income countries face additional external funding needs of about $245 billion over the next five years or 425 billion dollars for the whole region.
The 36 states and the Federal Capital Territory (FCT) generated N1.31 trillion as Internally Generated Revenue (IGR) in 2020 compared to N1.33 trillion recorded in 2019, the National Bureau of Statistics (NBS) says.
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday weighed in on the raging controversy over whether or not the apex bank printed money to augment funds from the Federation Account Allocation Committee (FAAC) distributed to states and the Federal Capital Territory (FCT) in March.
The recognition that internet access and broadband penetration will become existential in the nearest future and will determine Nigeria’s competitiveness in the global economy, among others, is the driving force behind the Buhari administration’s initiative on broadband connectivity for all, according to Vice President Yemi Osinbajo, SAN.
Edo Governor Godwin Obaseki has faulted the Minister of Finance, Budget, and National Planning, Zainab Ahmed, for denying that the Federal Government printed N60 billion in March to support allocation to states.
A survey by the National Bureau of Statistics, NBS, has shown that poorer households suffered volatile work situations in February this year, resulting in a six-month (September to February 2020) decline in the share of workers in the lowest consumption quintile/ class.
The Presidential Amnesty Programme Interim Administrator, Col. Millard Dikio (rtd), has urged the Ijaw ethnic nationality to embrace peace and unity to sustain the development of the Niger-Delta.
South Africa's governing African National Congress (ANC) will oppose a court application by one of its top officials challenging his suspension, the party said on Monday.
The world has reached a situation of “vaccine apartheid”, World Health Organization Director-General Tedros Adhanom Ghebreyesus said on Monday, and was no longer just at risk of that status.
Super Falcons skipper Asisat Oshoala believes winning the Uefa Women's Champions League will inspire other young girls in Africa to chase their dreams.
Ekiti State Governor, Dr Kayode Fayemi, has inaugurated a nine-man committee to give policy direction to the implementation of the State COVID-19 Action Recovery and Economic Stimulus (CARES) programme
The Police in Akwa Ibom have confirmed the death of eight people in a supremacy cult clash in Esit Eket Local Government Area of the state.
Myanmar’s election last year reflected the will of the people and the army was unjustified in using alleged flaws as a reason to seize power, an international monitoring group said on Monday in its final report.
Italy's government is set to ask the European Union to pay Libya to stop migrant boats leaving its coast, newspaper la Repubblica reported on Tuesday.
Legal practitioner, Chief Niyi Akintola, SAN, has said the All Progressives Congress (APC) will only participate in the May 22 council election in Oyo State if the election would be conducted in the 33 Local Government Areas and 35 Local Council Development Areas (LCDAs) in the state.
Worried by the spate of banditry and kidnapping for ransom in some parts of Ogun State and perceived inability of the security agencies to stem the tide, the chapter of the Oodua People’s Congress (OPC) on Tuesday disclosed its readiness to protect all Oodua sons and daughters from the marauders threatening people’s lives and peace in the State.