Benin’s economy is expected to grow 6 percent this year, up from 5.6 percent in 2017, as cotton production reaches record highs and the economy of neighbouring Nigeria strengthens, the International Monetary Fund said.
The Minister of State, Ministry of Budget and National Planning, Zainab Ahmed, has commended the European Investment Bank’s plan to invest between 800 million and one billion Euros in the Nigerian economy.
An Economist, Dr. Aminu Usman, says the growth in the country’s Gross Domestic Product (GDP) is not translating to improved quality of life of its citizens.
Nigeria’s newly increased tax on alcohol and tobacco is not targeted at local manufacturing industries, the country’s finance ministry has explained.
The federal government on Thursday in Brussels, Belgium, called for improved private sector investment in Nigeria by European businesses, saying that the country’s investment climate is now very attractive and conducive.
Nigeria recorded an increase of N1.18tn in merchandise trade from N6.02tn in the fourth quarter of last year to N7.21tn in the first quarter of this year.
The new excise duty for alcoholic beverages and tobacco earlier approved by President Muhammadu Buhari will take effect from Monday, June 4, says the federal government.
An economist, Dr Chijioke Ekechukwu, says the naira will gain strength against the dollar when the Nigeria-China currency swap takes effect.
The immediate past President of the Chartered Institute of Bankers of Nigeria (CIBN), Prof. Segun Ajibola, on Friday urged the Federal Government to focus on the service sector to boost the Gross Domestic Product (GDP).
The Presidency yesterday released the record of its economic performance since 2015, stating that the new forex (FX) window introduced by the Central Bank of Nigeria (CBN) in April, 2017, yielded an average of $1 billion turnover every week and $25 billion inflows in one year.
Minister of Budget and National Planning says Nigeria’s economic outlook for 2018 and over the medium term is very positive.
Deputy Governor, Central Bank of Nigeria (CBN), Mr. Bayo Adelabu, has given some insight on how the apex bank rescued Nigeria’s economy from sinking exchange rate, inflation and recession through the Economic Recovery and Growth Plan of President Muhammadu Buhari.
Neymar has claimed that he is the subject of double standards when he plays for Paris Saint-Germain and Brazil.
LA Galaxy striker Zlatan Ibrahimovic says he would be President of the United States of America if he had arrived 10 years earlier.
No fewer than 200 children of victims of bandits’ attack in Rabah Local Government Area of Sokoto State have been immunised against polio.
Manchester United's Matteo Darmian is one of a number of full-back options Napoli are considering moving for this summer, confirmed the club's president Aurelio De Laurentiis.
The former Chairman of the new Peoples Democratic Party (nPDP), Alhaji Abubakar Kawu Baraje, has said that members of the party and the supporters of the Senate President, Dr Bukola Saraki, have decoded to dump the ruling All Progressives Congress (APC) with or without the senate president, even as he described the juicy appointments being offered them by the presidency as an embarrassment.
National Leader of the All Progressives Congress, (APC) Sen. Bola Tinubu, on Sunday said the election of Dr Kayode Fayemi in Saturday’s gubernatorial poll was a victory for the people.
U.S. President Donald Trump made eight requests for a meeting with Iranian President Hassan Rowhani, all of which were rejected, the Iranian leader’s chief of staff said Wednesday.
A 26-year-old security guard, Friday Okon, on Monday appeared before an Igbosere Magistrates’ Court in Lagos for allegedly stealing his employer’s valuables worth N2.9 million.
Last year, Qatar's finance minister Ali Sharif Al-Emadi said his country was determined to have everything ready for the 2022 World Cup well before fans started landing in the Gulf.
The president of the Nigeria-Malaysia Business Council (NMBC), Dr Michael Aderohunmu, has disclosed that the Council has entered into partnership with the Nigeria Exports Promotion Council (NEPC) and the Malaysia External Trade Development Corporation (MATRADE) to set up a trade corridor.