President Muhammadu Buhari on Tuesday identified failure to appropriately manage the country’s numerous resources, corruption, lack of patriotism among others as reasons why the economy went into recession in 2016, first in 30 years.
The International Monetary Fund on Tuesday bumped up its forecasts for global growth, saying an upswing in the world economy was likely to gather pace into next year.
National Leader of the All Progressives Congress (APC), Senator Bola Tinubu, has proposed a seven-point agenda, which he said, would revive the country’s troubled economy and drastically reduce her dependence on petrodollars.
Food prices rose further in September due to higher costs of oils and dairy products, the UN Food and Agriculture Organization said Thursday, with the increases outpacing inflation in many countries.
An economic expert, Uche Uwaleke, has expressed support for the continued decision by the Central Bank of Nigeria to retain the country’s Monetary Policy Rate (MPR).
The International Monetary Fund (IMF) has praised Ethiopia’s economic strides for the year 2016/2017 but has also urged that reforms be undertaken to improve the business climate.
The telecoms regulatory body of the country, Nigerian Communications Commission (NCC), said it has in the last two years, remitted a total of N133,426,062,786 to the consolidated revenue fund of the Federal Government.
The Federal Institute of Industrial Research Oshodi (FIIRO) in Oshodi says it has developed an industrial blueprint that can create five million jobs annually.
The Nigerian Communications Commission (NCC) says it has remitted N133bn to the federation account in two years.
The Nigerian Employers Consultative Association (NECA) has faulted recent report by the National Bureau of Statistics (NBS) that Nigeria had exited recession, saying the economy was still in the woods.
A former Minister of Finance and one-time High Commissioner to the United Kingdom, Alhaji Abubakar Alhaji, has identified high overheads in governance and other expenses associated with Nigeria’s federal system as the reason why Nigeria fell into recession.
The World Bank on Tuesday halved its 2017 growth forecast for South Africa after the economy fell into recession earlier this year.
The Minister of Finance, Mrs Kemi Adeosun, on Monday said that accurate statistics was vital in the fight against corruption and achievement of the Federal Government’s economic recovery and growth plan.
A former Governor of Osun State, Chief Bisi Akande, has urged the Federal Government to explore other sources of revenue, warning that the income from crude oil will further decrease, especially with the United States and other buyers converting to electric-powered vehicles.
The Court of Appeal sitting in Makurdi has upheld the decision of the election petition tribunal affirming the election of Abdullahi Sule as governor of Nasarawa State.
An engineer in the employ of Nnamdi Azikiwe University, Awka, Anambra State, Emeka Chiaghana, has been abducted.
The crisis rocking the Edo State chapter of the All Progressives Congress (APC) has got messier with State Working Committee of the party passing a vote of no confidence in the state chairman, Anselm Ojezua.
President Donald Trump on Tuesday signalled that he would be open to striking a deal with Democrats on the Deferred Action for Childhood Arrivals (DACA) programme if the U.S. Supreme Court were to uphold his decision to repeal the initiative.
Former Minister of Sports, Bolaji Abdullahi, has said that the restoration of the governing system of the National Sport Commission (NSC) remains the best way of managing sports in Nigeria.
Despite Aruna Quadri’s spirited effort to ignite Nigeria’s comeback against star-studded Chinese Taipei, the Nigerian team lost 3-1 to exit the 2019 ITTF Team World Cup holding in Tokyo, Japan
A Yoruba social-cultural group, Yoruba Youth Forum (YYF), has condemned the recent signing of a bill into law by President Muhammadu Buhari in London, saying the action showed that the powerful cabal in the presidency will stop at nothing to make Vice President Yemi Osinbajo irrelevant.
A ranking member of the House of Representatives representing Ikwuano/Umuahia North/South Federal Constituency of Abia State, Hon. Sam Onuigbo, has reaffirmed his belief in Nigeria’s judicial system, saying he would lose his seat if the judgment was for the highest bidder.
The National Social Investment Programme (NSIP) has debunked reports that some senators were trying to hijack the budget of the Ministry of Humanitarian Affairs, Disaster Management, and Social Development.
The Federal Ministry of Justice owes private lawyers engaged to prosecute a retired judge of the Federal High Court, Justice Adeniyi Ademola, and two former co-defendants, to the tune of N164m, the private legal practitioners have alleged.