Mr Olusegun Awolowo, Executive Director, Nigerian Export Promotion Council (NEPC) says Nigeria’s exports appreciation by 3.2 per cent confirmed that the present administration’s economic diversification is paying-off.
Annual inflation in Nigeria slowed for a seventh month in August, easing to 16.01 percent, the National Bureau of Statistics (NBS) said on Friday.
Dr Kayode Fayemi, the Minister of Mines and Steel Development, on Thursday identified agriculture and mining as the critical sectors that pushed Nigeria out of recession.
The Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, said on Wednesday the bank would continue to explore further avenues to ensure that interest rates are supportive of domestic production needs.
The co-founder of BudgIT, Seun Onigbinde, has said that some states will continue to owe workers’ salaries because the monthly allocation from the federation account is barely enough to meet their needs.
The Minister of Works, Power and Housing, Babatunde Raji Fashola, has accused the Managing Director/Chief Executive Officer, Egbin Power Plant, Mr Dallas Peavey, of staying in Nigeria without a valid visa and that he has directed the Nigeria Immigration Service to take appropriate action.
An official of the National Bureau of Statistics (NBS), Dr Isiaka Olarewaju, has said that Nigeria would need harmonisation strategy on data gathering to achieve even development.
A South-Africa-based don, Mr Christopher Ifeacho, says sustainable growth must be maintained to ensure that the Nigerian economy remains out of recession.
The Federal Government has called on investors from Poland and other countries in Europe to take advantage of the reforms in the Nigerian economy by increasing their level of investments in the country.
The PricewaterhouseCoopers Nigeria has predicted a full economic recovery in the country by 2019.
Former Dean, Faculty of Social Science, University of Port Harcourt, Prof Okey Onuchuku, has warned that Nigeria’s exit from recession will not lead to improvement in the living condition of Nigerians, as it was induced by mere increase in crude oil production and oil price increase in the international market.
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Garba Danbatta, has said that the telecoms sector contributed N1.549 trillion to the Gross Domestic Product (GDP) in the second quarter of 2017, representing 6.68 per cent increase from the first quarter of the year (N1.452 trillion).
The Delta State Board of Internal Revenue on Friday sealed 12 companies, hotels and schools in Warri over tax liabilities.
The US central bank can continue to raise interest rates gradually, despite persistent low inflation that could suggest a fundamental change in the economy, a top Federal Reserve official said Thursday.
The 44th President of the United States of America, Barack Obama, has taken to his official Twitter page to send a loving message to his wife, Michelle, who turns 57 today.
This is even as government has given street traders at Obikabia and Opobo junctions in the Ogbor Hill area of the commercial city seven days to vacate the streets and move into approved markets in the city.
Twenty seven Kano traders, who were abducted on their way to Aba town in Abia State, have regained their freedom, according to the management of Kantinkwari Textiles Market.
Less than a week of the commencement of e-ticketing on the Abuja-Kaduna rail line, over 8,000 passengers have accessed the portal, the Minister of Transportation, Rotimi Amaechi, has said.
A Civil Society Group has decried the plans by educational institutions across the country to resume academic activities without adequate safety measures to contain the devastating impacts of the second wave of COVID-19.
Members of the Senior Staff Association of Nigeria Universities (SSANU) Federal University Lokoja Kogi State on Tuesday held a peaceful protest to kickstart their three-day warning strike to the Federal Government.
Estonian Prime Minister Juri Ratas, a member of the European Union, early on Wednesday announced his intention to resign, his spokeswoman, Liisi Poll, said.
The former president said, “He was as passionate in his defence of Nigerian unity as he was devoted to his roots. No wonder, he actively promoted the history and culture of his local community who also immensely benefited from his wise counsel and generosity.”
Zimbabwe has banned families from transporting their dead relatives between cities, a custom where families take the dead to their areas of birth for burial rituals and ceremonies.
The Chairman of the South East Governors Forum and Ebonyi State Governor, David Umahi, has said governors and leaders of the zone have finally formed a joint security outfit to tackle their security challenges.