Kenya’s Central Bank governor, Patrick Njoroge, says the national debt reached 56.5 percent of the Gross Domestic Product (GDP) in September 2018.
The Nigerian Economic Summit Group (NESG), yesterday, presented its 2019 macroeconomic outlook for the year 2019.
Skirting the first political scandal of his new presidency, far-right leader Jair Bolsonaro will tout a “new Brazil” when he addresses the world’s business elite in Davos on Tuesday.
The International Monetary Fund (IMF) has cut Nigeria’s gross domestic product (GDP) projection for 2019 to 2% from the 2.3% it had predicted previously.
The Lagos Chamber of Commerce and Industry (LCCI) said the World Bank needs to review the indicators for composition of the Ease of Doing Business Index to reflect the reality of each country.
Sub-Saharan Africa’s economies will cope with tighter global liquidity this year and grow faster than in 2018, albeit at a lacklustre rate compared to the commodity price boom heydays of a decade ago, a Reuters poll found.
The National Bureau of Statistics, says the Consumer Price Index which measured inflation increased to 11.44 per cent (year-on-year) in December 2018 from 11.28 per cent recorded in November 2018.
The Bauchi State Board of Internal Revenue has projected N15 billion for the 2019 fiscal year, the Chairman, Mr Hussain Jibo, said on Wednesday.
Nigeria Employers’ Consultative Association says Nigeria’s increasing debt burden could have negative implications on developmental capacity of the economy.
Emerging-market assets may be enjoying a strong start to the year, but one country missing out on the rally is Nigeria.
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.
The Lagos State Government Saturday disclosed that its economy recorded an unprecedented boost in the entertainment, hospitality and creative sectors in four weeks of the yuletide season.
Nigeria’s real GDP growth will expand by 2.2 per cent in 2019, the World Bank has said in its annual Global Economic Prospects published on Wednesday, slightly upgrading the country’s projected growth rate from 2.1 per cent in June 2018.
The United States and China concluded on Wednesday three days of extended talks to resolve their trade war, with a member of the American delegation saying negotiations “went just fine”.
No fewer than 120, 000 rice farmers in Kano State would benefit from the Federal Government’s Anchor Borrower programme for this year’s dry season farming.
Nigeria’s 2.1 per cent economic growth projection in 2019 is expected to drive the regional growth forecast of 2.9 per cent, the United Nations report has projected.
The Joint Admissions and Matriculation Board says it has caught someone it described as a “notorious cheat” who had registered for the UTME 64 times, with the intention of writing the examination for 64 candidates.
Police have foiled a planned procession to demand the release of former National Security Adviser, Col. Sambo Dasuki (rtd) in Sokoto state.
Any move by Iran to close the strategic Strait of Hormuz in response to the United States ending oil waivers for purchases of Iranian oil would be unjustified and unacceptable, a senior administration official said on Monday.
Iran denounced US sanctions on its oil sector as "illegal" on Monday after the United States announced it will no longer grant sanctions exemptions to Iran's oil customers.
The Federal High Court sitting in Awka will on May 30, 2019, begin hearing on the case of obtaining by false pretence involving the manager of Nnewi United football club of Nnewi, Mr. Olisa Onuchukwu.
The Organised Labour has commend President Muhammad Buhari for assenting to the National Minimum Wage Amendment Act approving N30,000 for the least paid worker in the country.
A first class monarch in Ondo State, the Olowo of Owo, Oba Folagbade Olateru Olagbegi is dead.
Former Chairman of the Independent National Electoral Commission (INEC), Attahiru Jega, has faulted Nigeria’s electoral system describing it as being under assault.
Suspected hoodlums on Saturday, allegedly killed a 65-year-old Chief Imam of Kwara Village, Kiyawa Local Government Area of Jigawa, the Police have confirmed.
The Youth Wing of Ohaneze Ndigbo has warned that the recent herdsmen attack on Mmiata Anam community in Anambra West Local Government of Anambra State, where about six persons were allegedly killed, would be the last of such attacks in Igbo land.