The National Bureau of Statistics, NBS, says Nigerian economy saw a continuous growth in total Capital Importation into Nigeria in the first quarter of 2018, the fourth consecutive quarterly increase since Q2 2017.
The deputy governor at the Central Bank of Nigeria, Aishah Ahmad, says the anticipated spending for the 2019 election may have inflationary effects on the economy.
The Minister of Finance, Mrs. Kemi Adeosun, Thursday, in Abuja, held high-level discussions with visiting World Bank Mission, assuring that Nigeria would not be complacent on account of rising crude oil prices.
The Nigerian Investment Promotion Commission on Thursday said that in the first quarter of this year, states received a total investment commitment of $17.88bn.
Nigeria should widen its tax revenue base to finance growth-enhancing upgrades to the nation’s infrastructure and social programs, said a senior International Monetary Fund official.
The World Bank has said that since Nigeria emerged from recession, its Gross Domestic Product (GDP) growth in 2018 is expected to be a little over two per cent, and largely oil sector driven.
Britain's economy suffered a sharp slowdown in the first quarter with the weakest growth rate since 2012, official data showed Friday in a gloomy sign one year before Brexit.
The Lagos State Government on Thursday said the state received over $43 billion worth of investment proposals in the last three years.
The Federal Government has expressed satisfaction over the economic outlook by the International Monetary Fund (IMF) of Nigeria, especially in 2018.
The Lagos State Government generated an Internally-Generated Revenue (IGR) of about N103.5 billion for the first quarter of 2018.
The Emir of Kano, Muhammadu Sanusi II, has called for attitudinal change to attract more foreign direct investment into Nigeria.
The minister of budget and national planning, Senator Udoma Udo Udoma, says the rate of economic growth in Nigeria is still too slow.
The International Monetary Fund's policymaking committee said Saturday that a strong world economy is threatened by increasing tension over trade and countries' heavy debt burden. Longer-term prospects are clouded by sluggish growth in productivity and aging populations in wealthy nations.
The Minister of Finance, Kemi Adeosun, has said that at 20 per cent Debt to Gross Domestic Product (GDP), Nigeria’s foreign debt level does not pose any risk to its financial stability and economy.
The Secretary to the Government of the Federation (SGF), Mr Boss Mustapha, has commended motor dealers in the country, for contributing N400 billion to her Gross Domestic Product (GDP).
The World Bank Group President, Mr Jim Kim, has urged African countries to grow with the ditilised economies and the spread of advanced technologies, in order not to lose millions of jobs.
The Nigeria Export Promotion Council (NEPC) has urged state governments to engage in resuscitation of cocoa produce for export, to reduce over dependence on petroleum.
Nigeria’s Gross Domestic Product grew by 1.95 per cent year-on-year in real terms in the first three months of this year.
The Independent National Electoral Commission (INEC) in Bwari, Abuja, said on Monday that 5, 000 Permanent Voter Cards (PVC’s) were now ready for collection.
Facebook Chief Executive Officer, Mark Zuckerberg’s upcoming meeting with European Union lawmakers regarding global data scandal involving Facebook will now be streamed live online, the European Parliament’s president confirmed, on Monday.
A Zimbabwe parliament committee has summoned former president Robert Mugabe to give evidence on Wednesday about diamond corruption alleged to have cost billions of dollars during his rule.
Mr. Emeka Etiaba (SAN), a defence lawyer to a former National Publicity Secretary of the Peoples Democratic Party, Mr. Olisa Metuh, announced his withdrawal from the case during the Monday’s proceedings of Metuh’s trial before the Federal High Court in Abuja.
The Nasarawa State Independent Electoral Commission (NASIEC) says it will engage no fewer than 3,000 ad hoc staff for the May 26 local government elections in the state.
The Nigerian military has said the newly launched offensive against Boko Haram in northern Borno tagged Operation LAST HOLD is designed to bring about the total defeat of the terror group in the region.
The All Progressives Congress (APC) has accused the Bayelsa state government of denying it the use of multipurpose hall within the stadium for its state congress.
About 290 local contractors have received loans worth more than N470 billion under the Shell Contractor Support Fund set up by Shell Companies in Nigeria to help vendors and suppliers in the oil and gas industry secure funds at reduced interest rates, relaxed collateral requirements and quicker processing time.
The Action Democratic Party (ADP) governorship flag bearer Otunba Segun Adewale, has condemned the Governor Ayodele Fayose’s led People’s Democratic Party (PDP) government for allegedly treating Ekiti people as destitute.