PricewaterhouseCoopers (PwC) has projected that Nigeria’s gross domestic product (GDP) growth rate will likely fall between -1.5 percent and 0.5 percent in the fourth quarter of 2020.
Moody’s Investors Service has stated that Nigeria’s economic growth will be severely hampered by the volatility of the oil price in the international market.
The total value of capital importation into Nigeria stood at 1.46 billion dollars in the third quarter of 2020, the National Bureau of Statistics (NBS) says.
Honeywell Group on Monday indicated that it will approach the Supreme Court to challenge the judgment of the Court of Appeal against it in a N3.5 billion debt controversy.
The the African Export and Import Bank (Afreximbank), has advised that for the African Continental Free Trade Agreement (AfCFTA) to become a success the continent must check corruption and illicit financial flows.
The Cross River government has raised six million improved variety cocoa seedlings to boost its production capacity, Special Adviser to the governor on Cocoa Development and Control, Oscar Ofuka, said on Sunday.
The International Monetary Fund (IMF) says major policy adjustments embracing broad market and exchange rate reforms are needed to address Nigeria’s recurrent Balance of Payments (BOP) pressures and raise the medium-term growth path.
The National Interest Forum (NIF) has said that the inherent socio-economic problems, policy inconsistency and endemic corruption are largely responsible for the current state of insecurity in the country.
The National Bureau of Statistics (NBS) said this in its “Foreign Trade in Goods Statistics Q3, 2020” published on its website on Monday.
The President of African Development Bank, AfDB, Dr. Akinwumi Adesina, has said Africa’s economic growth this year will decline by 3.4%, because of the challenges of the Covid-19 pandemic.
Xulio Rios, Director of the Observatory of Chinese Politics in Spain said China has played a leading role in global recovery from the COVID-19 pandemic.
Zainab Ahmed, the minister of finance, budget and national planning, says the federal government (FG) conceded N341.94 billion worth of waivers from August 2017 to August 2019.
Inflation in Sudan has risen to one of the highest levels in the world, and the country risks slipping into hyperinflation unless it gets its budget deficit and money supply under control, economists say.
Lillian Akhigbe, Communications Manager, in a statement on Thursday, noted that successive governments at all tiers neglected Small and Medium-scale Enterprises (SMEs).
As Nigerians grapple with economic distress and social unrest, business experts have called on established personnel in different disciplines to take up the task of mentoring young corporate directors and others to grow the Nigerian economy.
Vice President Yemi Osinbajo (SAN) has explained that Nigeria’s economic response to COVID-19 pandemic has largely been targeted at saving jobs, protecting businesses and attracting new investments.
Slim is Mexico’s wealthiest man. His family controls America Movil, the largest Mexican telecommunications provider, whose operations includes mobile and fixed-line voice services, wireless, internet and fixed-data services.
The Aare Ona Kakanfo of Yorubaland, Iba Gani Adams, has called for the correction of the 1999 Constitution for peace to reign in Nigeria.
The Aare Ona Kakanfo of Yorubaland, Aare Gani Adams, says food crisis is imminent in the South-West region of Nigeria due to the onslaught on farmers by Fulani herdsmen.
President Muhammadu Buhari has nominated Adolphus Aghughu for appointment as the Auditor-General of the Federation pursuant to Section 86(1) of the Constitution of the Federal Republic of Nigeria (as amended).
The Police Command in Ekiti State on Wednesday said there was no influx of herdsmen forests in the state from Ondo State forest reserves as being reported in the media.
The Ebonyi Government has urged parties in the crisis rocking Effium community in Ohaukwu Local Government Area of the state to embrace dialogue in the interest of peace.
The Central Bank of Nigeria (CBN) has directed banks to deny exporters with unrepatriated export proceeds from accessing all banking services by January 31.
The University of Calabar COVID-19 Task Force Committee has commenced the fumigation of the campus ahead of the Feb. 5 resumption date for academic activities.
Succour may soon come the way of Nigerians as the Nigeria Governors Forum (NGF) has said the country could assess COVID-19 vaccine by the end of February.
Francisco Trincão did come close twice late on to his first goal for the club only to be denied by some smart goalkeeping but they did get the second they needed when Riqui Puig came off the bench to head home after brilliant build-up play from De Jong.