The National Bureau of Statistics (NBS), has put the quantum of jobs created by Micro, Small and Medium Enterprises (MSMEs) at 59,647,954 jobs as of December 2017, stressing that five per cent or 2,889,715 of those jobs were created by Small and Medium Enterprises (SMEs).
Godwin Emefiele, governor of the Central Bank of Nigeria, says there are plans to carry out a recapitalisation exercise for deposit money banks in the country.
The Central Bank of Nigeria plans to create 10 million jobs in the next five years through investment support in agriculture and Manufacturing sector, in line with President Muhammadu Buhari’s agenda of diversifying the Nigerian economy.
Managing Director of the International Monetary Fund (IMF), Christine Lagarde, has said that investment in social insurance was a key to achieving a stronger global economy, saying societies across the world must begin by strengthening social programmes.
The National Bureau of Statistics (NBS), says the Consumer Price Index (CPI) which measured inflation increased to 11.40 per cent (year-on-year) in May from 11.37 per cent recorded in April.
The Founder/Chairman of Zenith Bank, Mr. Jim Ovia, has expressed optimism for more investments in the Nigerian economy.
President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to blacklist any firm, its owner and top executives caught smuggling any of the 43 items ineligible for foreign exchange (forex).
The lack of an efficient and resilient financial system is still holding back inclusive and sustainable growth in emerging markets. Policymakers, regulators and financial services organisations should more actively shape a financial system that is fit for purpose.
The National Bureau of Statistics said it is collaborating with the United Nations Office on Drugs and Crime, and the Department for International Development to conduct a national survey on how corruption is affecting the average Nigerian.
President Donald Trump’s re-election hopes in 2020 are in jeopardy as a business economic survey released Monday showed that the odds of a US recession by next year are on the upswing, with mounting protectionism continuing to pose the greatest economic threat.
The announcement by the Securities and Exchange Commission (SEC) on Sunday June 2, 2019, on the alleged appointment of Mr. Mutiu Olaniyi Adio Sunmonu, CON, to head an Interim Management Team at Oando may have been executed without recourse to due process.
Paris Saint-Germain have completed the signing of defender Abdou Diallo from Borussia Dortmund.
Gov. Yahaya Bello of Kogi has promised a cassava revolution in the state with the empowerment of 500,000 cassava farmers into the agric space.
General Overseer of Omega Fire Ministries International, Apostle Johnson Suleman, Tuesday, cautioned that Nigeria was sitting on a keg of gunpowder and step must be taken to avert looming crisis in the country.
The Benin Zonal Command of the National Agency for the Prohibition of Trafficking in Persons (NAPTIP) on Tuesday, said it had arrested six persons for suspected human trafficking.
Nigeria coach Gernot Rohr insists there is "no shame" in losing to a tough Algerian side in the Africa Cup of Nations (Afcon) semi-final on Sunday.
The Reds’ Champions League hero had entered the final year of his current deal, but has now put pen to paper on an extension that will keep him at Anfield for the foreseeable future.
When Mariatu Sesay realized she was pregnant at 14, one thing scared her more than the social isolation she felt in the classroom: Sierra Leonean law banned her from attending school at all because she was expecting.
Valencia have announced the signing of Maxi Gomez from fellow La Liga club Celta Vigo. The striker has signed a five-year deal at Mestalla, with a release clause set at €140 million (£125m/$158m).
The Niger Delta Development Commission, NDDC, in partnership with some Non-Governmental Organizations, has rehabilitated prisons and inmates in some selected prisons in Delta, Edo and Ondo states with a charge on the NGOs to do more to save humanity.
Bauchi State Governor, Sen. Bala Mohammed Abdulkadir, has inaugurated a 17-member Asset and Funds Recovery Committee charged with the responsibility of recovering every asset and money misappropriated by government officials who served between May 2007 and May 2019.