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Gross Domestic Products

Federal govt is set to tackle unemployment – Chris Ngige

One of the crises confronting the Nigerian nation is the seemingly intractable employment crisis which experts and many social commentators warn that it is a time bomb waiting to explode.

Naira forecasted for better performance in 2018

Prof. Hassan Oaikhenan of the Department of Economics and Statistics, University of Benin, said the foreign exchange environment would likely witness some favourable effects in 2018.

IMF ends week-long mission to Congo Republic

The International Monetary Fund (IMF) ended a week of negotiations aimed at hammering out a deal to bail out Congo Republic’s debt-plagued economy.

Nigeria needs stronger policies to curb deforestation, climate change – Ex-President Obasanjo

Former President Olusegun Obasanjo has called on government at all levels to prioritise on policies that could effectively and adequately curtail environmental degradation through deforestation.

VP Yemi Osinbajo, Tony Elumelu, Aliko Dangote others seek business growth in Africa

Vice President, Prof. Yemi Osinbajo, Africa’s richest man, Aliko Dangote, and founder, Tony Elumelu Foundation, Tony Elumelu, were among prominent Africans that yesterday, unanimously agreed that entrepreneurship will create the needed jobs, increase the Gross Domestic Products (GDP), and generate revenue for governments on the continent.

President Buhari charges accountants on illegal financial transactions

President Muhammadu Buhari has described accountants as the first set of gatekeepers to ensuring that all transactions are conducted prudently and charged them to avoid being used in executing illegal financial deals.

Nigerian flutist Tee Mac calls for revival of live shows

A musician, Omatshola Iseli, also known as Tee Mac, has advised artistes and other stakeholders in the tourism sector to revive live shows as a means of attracting international tourists to Nigeria.

Politics of identity, Nigeria’s greatest problem – Museveni

Uganda President Yoweri Museveni, has identified politics of identity as Nigeria’s greatest problem to achieve its developmental goals, saying unless citizens do away with it, the country’s quest for economic growth will remain a mirage.

Why food prices are still high despite Nigeria’s exit from recession – NBS

Statistician-General of the Federation, Dr. Yemi Kale, has explained why food prices are still high, despite Nigeria’s exit from recession, giving reasons why Nigerians may not feel the immediate impact of the recession exit.

Nigerians will feel impact of exiting recession gradually – NBS

Dr Yemi Kale, the Chief Executive Officer, National Bureau of Statistics (NBS), has said that the effect of Nigeria coming out of recession will not be immediately felt by the people.

Fed govt to boost Nigeria’s GDP via biotechnology – official

The Federal Government on Tuesday announced plans to improve the country’s Gross Domestic Products via biotechnology (the use of biological processes in industrial production).

Monetary policy offers limited tools for economic recovery

Mr Godwin Emefiele, the Governor of Central Bank of Nigeria (CBN), says monetary policy offers limited tools for dealing with the current economic challenges in the country.

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Federal govt sues JP Morgan for $875 million over Malabu oil deal

Nigeria has filed a claim against JP Morgan Chase for more than $875 million, accusing it of negligence in transferring funds from a disputed 2011 oilfield deal to a company controlled by the country’s former oil minister.

JAMB directs all institutions to end 2017 admissions by January 25

The Joint Admissions and Matriculation Board, JAMB, has directed all tertiary institutions to end their 2017 admission by January 25.

Katsina govt increases corps members’ welfare package by 200 percent

The Katsina State Government has increased the welfare budget for National Youths Service Corps (NYSC) members deployed to the state by about 200 per cent.

Suspected armed robbers attack Katsina supermarket, kill policeman

Gunmen suspected to be armed robbers on Wednesday night attacked a supermarket in Katsina, killing a police officer, Ibrahim Batsari.

​​National Economic Council approves 10-member committee on herdsmen/farmers conflicts

The National Economic Council (NEC) presided over by Vice President Yemi Osinbajo on Thursday approved 10-member working committee on the herdsmen/farmers conflicts in the country.

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Nigerian Army takes delivery of Innoson vehicles

To make good on its promise, the Nigerian Army has started taking delivery of some of the vehicles it has ordered from Innoson Motor Manufacturing Company, a local vehicle manufacturer, which the Army has configured fit for deployment for its counterterrorism Operation Lafiya Dole.

Mary J. Blige gets a star in Hall of Fame

Grammy-winning soul singer Mary J. Blige — who has earned critical acclaim and award nominations for her acting debut in last year’s “Mudbound” — celebrated her 47th birthday Thursday by getting a star on the Hollywood Walk of Fame.

PDP lawmakers stop Ebonyi Senator from defecting to APC

Senator representing Ebonyi south, Sonni Ogbuoji, was stopped from defecting to the All Progressives Congress (APC) on Wednesday.

I’m going to be Everton’s new Romelu Lukaku – Cenk Tosun

Everton striker Cenk Tosun has pledged that he will become the Goodison Park side’s new Romelu Lukaku.

Opera launches AI-powered news app in Africa

Opera Software has launched Artificial Intelligent powered-app which enables people to access their favourite news articles and hottest trending videos.