Economic Growth

Vice President, Prof. Yemi Osibanjo, has revealed the commitment of the federal government to build a Niger Delta that is not defined by oil and gas, but other human capital resources.

Prof. Babatunde Rabiu, Director, Centre for Atmospheric Research, National Space Research and Development Agency (CARNASRDA) said diversifying energy could boost development and enable Nigeria attain the Sustainable Development Goals (SDGs) by 2030.

President Muhammadu Buhari on Saturday declared that the only way to defeat predatory and divisionary forces globally was cooperation among nations.

The director-general of the National Automotive Design and Development Council, (NADDC), Jelani Aliy, has said the council will soon commence the implementation of the national automotive industry development bill, (NAIDP).

In a report titled: “The Misery Index 2018,” authored by Dr. Steve Hanke of the Johns Hopkins University in Baltimore, Maryland, Nigerians have been labelled the sixth most miserable people in the world. The misery index was introduced in the 1970s by Arthur Okun, an American economist, author of the seminal work, Equality and Efficiency: The Big Trade Off (1975).

The Enugu Chamber of Commerce, Industry, Mines and Agriculture says the completion of its complex will boost the country’s economy and encourage foreign investors to do business in the country.

Nobel laureate, Malala Yousafzai on Friday urged Japan and its fellow Group of 20 nations to pledge new funding for educating girls at June’s G20 summit, hosted by the Japanese.

Oil prices were on Wednesday weighed down by economic growth concerns that dampened the outlook for fuel consumption, but supported by voluntary supply cuts led by producer club OPEC and by U.S. sanctions against Iran and Venezuela.

Oil prices hovered close to 2019 highs on Thursday, bolstered by OPEC-led supply cuts and U.S. sanctions on Venezuela and Iran, but were prevented from rising further by slowing growth in the global economy.

On Saturday, February 16, 2019, you will, once again, be called upon to choose the leaders who will pilot the affairs of our great nation for the next four years. This is a constitutional right which should be freely exercised by all eligible voters.

Analysts have presented different possibilities for the Nigerian economy after the February and March elections, with most of them saying that a change in political leadership would most likely inspire hope and engender economic growth.

President Muhammadu Buhari on Saturday in Lagos said his administration’s economic policies are making the desired impact, evidenced by steady growth in the economy in the last three years.

Uzbekistan on Friday granted visa-free entry to citizens of 45 countries to boost tourism, which the government views as vital for economic growth.

India is set to cooperate with Nigeria in the fight against terrorism, says Mr Abhay Thakur, India’s High Commissioner to Nigeria.

Utomi made these remarks at the commissioning of the new gigantic Corporate Headquarters edifice of the Vista International Conglomerate in Lagos State.

The Nigerian Navy on Tuesday said it had arrested Mr Shaibu Ogunmola, an alleged notorious pipeline vandal kingpin under its Operation Awase in Lagos State.

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.

Nigeria’s economy, and other sub-Saharan Africa countries, will be home to several of the world’s fastest-growing economies in 2019 according to the International Monetary Fund (IMF).