Home Tags GDP

GDP

Federal govt halts open grazing, begins cattle colonies next week

The Federal Government will commence the establishment of cattle colonies next week in states that show interest in a major step to discourage open grazing.

VAIDS: Federal govt targets 15 percent tax GDP contribution – Senator Udoma

Sen. Udoma Udo Udoma, Minister of Budget and National Planning, says the Federal Government is targeting 15 per cent tax contribution ratio of Gross Domestic Product (GDP) through improved tax collection strategies.

‘Massive’ infrastructure spending needed in Africa – report

Economic growth in Africa picked up steam last year and is set to accelerate strongly in 2018, but "massive investments" are needed in infrastructure, the African Development Bank (ADB) said on Wednesday.

UN predicts 3.5% economic growth for Africa

Africa is expected to see a recovery in Gross Domestic Product (GDP) growth from its present 3.0 per cent to 3.5 per cent in 2018.

Bank of Canada raises benchmark interest rate to 1.25%

The Bank of Canada raised its benchmark interest rate by 25 basis points to 1.25 percent Wednesday, pointing to sustained growth in the G7 economy and inflation that is closer to the country's target.

Nigeria’s economy will do better in 2018 – Senator Udoma

The Minster of Budget & National Planning, Senator Udoma Udo Udoma, has said that Nigeria’s economic outlook for 2018 is looking positive due to the huge potentials available as a result of the various initiatives by government to sustain growth since its exit from recession.

Nigeria’s GDP to grow by 2.5% in 2018 – World Bank

The World Bank forecasts that economic growth in Nigeria would edge up to at least 2.5 per cent in 2018, as the country benefits from improved commodity prices, investments and trade.

Congo university strike ends after four months

A four-month strike at Republic of Congo's sole public university ended on Monday with staff resuming work after being paid arrears for three months and agreeing to further negotiations over unpaid wages.

Federal govt pledges to resuscitate Edo industrial centre

The Federal Government on Monday pledged to resuscitate the Industrial Development Centre (IDC) in Edo to support Medium and Small Enterprises, as well as promote made in Nigeria goods in the state.

India, Thailand risk landing on currency manipulator watchlist

India and Thailand may have to give freer rein to the rupee and baht this year to avoid triggering US accusations that they’re manipulating their currencies to support exports.

ICRC to collaborate with Shippers’ Council on dry ports’ funding

The Infrastructure Concession and Regulatory Commission, ICRC, is to collaborate with the Nigerian Shippers’ Council, NSC, to make Inland Dry Ports (IDPs) bankable and be attractive to more concessionaires.

Catalan crisis cost €1 billion – Spain

Spain’s economy minister claimed Monday that the Catalan independence crisis had cost the country “a billion” euros as fallout from the turmoil continued to hamper growth in the wealthy region.

2018: LCCI forecasts 3-4% GDP growth, 13% inflation rate

The Lagos Chamber of Commerce and Industry (LCCI) has predicted a Gross Domestic Product (GDP) growth rate of between three and four per cent for 2018.

LCCI predicts 4 per cent GDP growth for 2018

The Lagos Chamber of Commerce and Industry (LCCI) has predicted a Gross Domestic Product (GDP) growth rate of between three and four per cent for 2018.

facebook

Recent Posts

President Buhari: I’ll take decisions with clear conscience

President Muhammadu Buhari on Monday promised Nigerians that he will be guided by a clear conscience while taking decisions for the progress of the country.

We’ve won victory for public education – Governor el-Rufai

Governor Nasir el-Rufai of Kaduna state has said the state had secured a major victory for public education, defeating an indefinite strike by the Nigeria Union of Teachers (NUT) without recalling any of the sacked teachers.

Barcelona announce Rafinha loan to Inter Milan

Barcelona have announced an agreement with Inter Milan over the loan of Rafinha for six months, the La Liga leaders announced Monday.

WHO donates 853 motorcycles to Nigeria

The World Health Organisation, WHO, has donated 853 motorcycles to the Nigerian government to improve disease surveillance in the country.

Five facts on Alexis Sanchez

Alexis Sanchez’s long-running transfer saga finally ended on Monday when he left Arsenal for Manchester United in a deal that will reportedly make him the highest-paid player in the Premier League.

Most Popular

N20m national jackpot winner gets cheque

Mr Chukwunwike Osahon, winner of the N20 million Give ‘n’ Take National Jackpot was presented with the cheque on Tuesday.

Benue needs military operations – Bishop Ezeokafor

The Catholic Bishop of Awka Diocese in Anambra State, Most Reverend Paulinus Ezeokafor, said yesterday that the situation in the troubled Benue State required special intervention from security operatives in the mould of Operation Python Dance carried out in the South East and Operation Crocodile Smile in the South–South combined.

Three killed by suspected rebels in eastern DR Congo

Suspected Ugandan Islamist rebels killed three civilians in eastern Democratic Republic of Congo, despite an offensive by government troops, sources said on Monday.

Planned recall of Kwara Assemblyman will not succeed – APC

The All Progressives Congress (APC) in Kwara state has described the recent move to recall a member of the state House of Assembly, Hassan Oyeleke, as amateurish.

Court nullifies installation of 21 kings by Governor Ajimobi

An Oyo State High Court presided over by Justice Olajumoke Aiki on Friday declared the review of the 1957 Olubadan Chieftaincy Declaration and other Related Chieftaincies in Ibadan land by the Justice Akintunde Boade Review Commission, which was set up by the Oyo State Government, as unconstitutional, illegal, null, void and of no effect.