The National Bureau of Statistics (NBS) says the average price of some selected food items in the country increased in October.
Africa will become the world’s next big growth market, akin to the Asian boom, McKinsey, a management consulting firm said on Tuesday.
As Nigeria joins the rest of Africa to celebrate the African Industralisation Day, some economists said embracing technology, promoting local content and industralisation can foster the growth of the country’s economy.
Some economists on Friday called on the Federal Government to review the direction of the country’s debts, in order to spur productivity and economic growth.
The Central Bank of Nigeria (CBN) on Saturday rescheduled its Monetary Policy Committee (MPC) meeting for November.
Managing Director, Nigeria Export Processing Zones Authority (NEPZA) Mr Emmanuel Jime, has said that the organization attracted over $80 billion into the economy since inception and contributed to over 60 percent of the entire foreign direct investment that Nigeria attracts.
Some experts on Thursday advocated collaboration between the academia and the industry as a way of ensuring a robust national economy and reducing unemployment in Nigeria.
The Statistician-General of the Federation, Dr. Yemi Kale, has disclosed that the federal government has not released money for the National Bureau of Statistics (NBS) to complete the unemployment report.
An economist, Prof. Ndubuisi Nwokoma, has called on the Federal Government to ensure transparency in revenue generation toward boosting revenue and reducing borrowings.
Zainab Ahmed, minister of finance, says the African Development Bank (AfDB) was very instrumental to Nigeria’s exit from its worst recession in decades.
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said the apex bank is unhappy with deposit money banks in the country as they would rather invest in Treasury Bills than perform their basic role which is to stimulate the economy.
The International Monetary Fund (IMF), says Nigeria is expected to grow by 1.9 per cent in 2018, up from 0.8 per cent in 2017, mostly owing to fewer disruptions in oil production.
The billions of dollars in fines owed by South African companies MTN and Standard Bank to Nigerian regulators could increase the risk to South Africa’s financial system, its central bank said on Wednesday.
The Minister of Finance, Zainab Ahmed, says the Federal Government will continue to deploy fiscal policies that will protect its industries and also encourage investments in critical sectors of the economy.
Global banking giants, HSBC Bank and UBS Group, have closed their offices in Nigeria, the Central Bank of Nigeria (CBN) said yesterday, while also noting that foreign investment had fallen sharply from a year ago.
A Ghanaian undercover journalist has been shot dead as he drove home, after a politician called for retribution against him.
As the casualty in the Kenya’s terror attack hits 21, President Muhammadu Buhari has commiserated with the government and people of Kenya on the attack on a hotel and office complex in Nairobi.
The presidential candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar, has revealed that he was personally involved and participated in crafting the ideas in the working document he released tagged “The Atiku Plan”, which contains his ideas on how to get Nigeria working again.
The Deputy Senate President, Ike Ekweremadu, on Thursday, shocked his colleagues when he revealed how some thieves broke into the luxury car of a senator and stole huge sums of money.
As the University of Lagos (UNILAG) prepares to host the 26th Nigerian Universities Games Association (NUGA) Games, its Sports Management Board says the institution will soon be the country’s sports hub.
Fifteen new Special Advisers were on Monday in Port Harcourt sworn into the Rivers Executive Council by Gov. Nyesom Wike.
President Muhammadu Buhari has approved the appointment of Aliyu Balarabe as the Medical Director (MD), Federal Medical Centre, Birnin Kebbi, Kebbi State.
Legal luminary, Chief Afe Babalola (SAN), has described the proposed trial on Monday of the Chief Justice of Nigeria, Justice Walter Onnoghen, at the Code of Conduct Tribunal over alleged failure to fully declare his assets as “denigration of the country’s Judiciary and Constitution.”
The Peoples Democratic Party (PDP) on Tuesday warned Nigerians not to grant a second tenure to President Muhammadu Buhari as doing so is an invitation to totalitarianism.
The Commander, 23 Brigade, Yola, Brigadier General Bello Muhammad, said his command had succeeded in curtailing clashes between herdsmen and farmers in Adamawa and Taraba States.