The Central Bank of Nigeria (CBN) said the Manufacturing Purchasing Managers’ Index (PMI) stood at 61.1 index points as at December 2018, indicating an expansion in the manufacturing sector for 21 consecutive months.
The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, has said given the extent of damage already inflicted on the economy by past administrations, no politician currently vying for the seat of power has what it takes to return the economy on the path of growth within a short period.
With its Gross Domestic Product (GDP) currently standing at $136 billion, Lagos economy will record four per cent growth in 2019 while the national economy will grow by 2.8 per cent, the International Monetary Fund (IMF) has predicted.
Abdullahi Attah, Executive Chairman, Federal Capital Territory Internal Revenue Service (FCT-IRS), has disclosed that the agency has generated N59 billion from January to November 2018 and hoped to generate five to six billion naira in December, just as it has projected N130 billion revenue for 2019.
Zainab Ahmed, Minister of Finance, said on Thursday that the Federal Government will be releasing new revenue initiatives which will include a new set of taxes and excise duties.
Nigeria’s unemployment rate increased from 18.8 per cent in the third quarter of 2017 to 23.1 per cent in in the third quarter of 2018, the National Bureau of Statistics (NBS) has said.
Former President Olusegun Obasanjo has listed what Nigeria should do to have access to $12 trillion “dormant funds”.
Egypt’s Central Bank wants the World Bank and International Monetary Fund to include the country’s informal sector in their gross domestic product figures.
The National Bureau of Statistics (NBS) says the total value of capital importation into Nigeria reduced to $2.855 billion in the third quarter.
One of the leading global rating agencies, Moody’s Investors Service, has said Nigeria’s credit profile, at ‘B2 stable’ is constrained by the country’s continued exposure to shocks because of government’s inability to expand non-oil revenue base sufficiently.
National Bureau of Statistics (NBS) says Nigeria’s economy grew 1.81 percent in the third quarter of 2018 from a year earlier
The Central Bank Governor, Godwin Emefiele, has said that Nigeria’s monthly food import bill fell from $665.4m in January 2015 to $160.4m as of October 2018.
Abubakar Bwari, the minister of mining and steel development, said the move is part of the country’s efforts to develop the mining sector.
Twenty years ago Jean-Marc Michaud was a paratrooper who proudly marched with the army down the Champs-Elysees avenue in Paris on France’s national holiday.
The presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has challenged the Federal Government to show evidence that he benefitted from the N156m slush fund that allegedly led to the collapse of the defunct Platinum Habib Bank.
The club’s Team Manager Kabiru Baleria was installed as the acting technical adviser and he was in charge of the team’s last two Nigeria Professional Football League (NPFL) matches against Heartland and El Kanemi Warriors respectively.
No fewer than 11,000 Corps members in Kano state are currently undergoing training organised by the Independent National Electoral Commission (INEC) in the state.
Vice President, Yemi Osinbajo, has declared that the country needs a sincere and honest President like Muhammadu Buhari to lead the country.
As the National Bureau of Statistics (NBS) releases its December 2018 inflation figures this week, leading research firms in the country, FSDH Research and Financial Derivatives Company (FDC), said in their forecasts at the weekend that the nation’s inflation rate for December 2018 would increase.
Governor Oluwarotimi Akeredolu of Ondo state on Tuesday distributed micro-credit loans to widows of soldiers who lost their lives in the war against the Boko Haram sect.
Disciplinary proceedings have been opened against Chelsea over allegations of racist chanting at the Europa League match against Vidi.
Gonzalo Higuain declined to comment on reports of a move to Chelsea on his return to Italy in the early hours of Thursday morning.
Kano State commissioner of police, Alhaji Rabiu Yusuf, has assured that adequate securities have been put in place to guarantee the safety of all and sundry before, during and after the forthcoming general elections.