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IMF advises Nigeria on reducing vulnerabilities, boosting growth

The International Monetary Fund (IMF) has advised the federal government to take action on a coherent and coordinated set of policies to urgently reduce vulnerabilities and increase growth over the medium term.

Digitization: Ghana to host Africa’s public sector officials

Public sector officials from Nigeria and other African countries are set to converge on Ghana for the second edition of Africa Public Sector Conference and Awards (APSCA) scheduled to hold at the plush Movenpick Ambassador Hotel in Accra, Ghana, October 23-24, 2019.
President Buhari at the event

President Buhari: Few Nigerians holding most of Nigeria’s wealth

President Muhammadu Buhari on Monday said that a significant proportion of Nigeria’s prosperity today is concentrated in the hands of a few people.
Ahmadu Fintiri

Senator Abbo’s attack on me is unfortunate – Governor Fintiri

Gov. Ahmadu Fintiri of Adamawa has advised Sen. Cliff Abbo (PDP-Adamawa North) to explore internal party mechanisms to pursue his allegation over manipulation of the recently concluded PDP primaries for the November chairmanship election in the state.
President Muhammadu Buhari has felicitated with all the 2019 Nigerian pilgrims over the successful completion of their Hajj rites and the Eid-el-Kabeer celebration.

[email protected]: President Buhari’s independence day speech — full text

Remember the sacrifices made by our Founders and great leaders past; by soldiers, by distinguished public servants; by traditional leaders, by our workers —- sacrifices on which Nigeria has been built over the 59 years since Independence in 1960; and
Lagos State Commissioner for Establishments, Training and Pensions, Mrs. Ajibola Ponnle, says Governor Babajide Sanwo-Olu is committed on actualising the vision of making Lagos one of the top five African cities of choice to invest, live, work and recreate as a tourist destination.

Governor Sanwo-Olu committed to making Lagos rank among top five cities – commissioner

Lagos State Commissioner for Establishments, Training and Pensions, Mrs. Ajibola Ponnle, says Governor Babajide Sanwo-Olu is committed on actualising the vision of making Lagos one of the top five African cities of choice to invest, live, work and recreate as a tourist destination.
President Buhari at the event

Tech expert lauds President Buhari on Executive Order 5

An indigenous technological innovator, Sqn Ldr Adefolajuwon Amoo (rtd), has lauded the effort of President Muhammadu Buhari in driving indigenous innovations through the implementation of Executive Order No 5.
Manufacturers Association of Nigeria (MAN)

MAN urges Nigerians to embrace Made-in-Nigeria products

The President of the Manufacturers Association of Nigeria (MAN), Mr. Mansur Ahmed, has enjoined Nigerians to have preference for Nigerian-manufactured products to enable the country’s local manufacturers employ more Nigerians and spread wealth in the country.

Federal government loses 30 percent procurement budget

The Chartered Institute of Purchasing and Supply Management of Nigeria (CIPSMN) on Wednesday said the country loses about 30 per cent of her procurement budget yearly due to ineffective and inefficient procurement process and system.

Sallah: Kano Disco assures customers of adequate power supply

Dr Jamilu Gwamna, the Managing Director, Kano Electricity Distribution Company (KEDCO) has assured customers in the franchise areas of adequate power supply while congratulating all muslim faithful ahead of the Eid-el-Kabir celebration.

Full list: Police release telephone numbers of PROs nationwide

With a view to making Nigeria safer and more secure for economic development and growth, the Public Relations Officer of the Nigeria Police Force DCP Frank Mba has released the hotline of PRO of state commands nationwide.
South African Rand

South Africa credit demand growth slows to 7.66 per cent in May

Growth in private sector credit demand in South Africa slowed to 7.66 per cent in May from 7.95 per cent in the previous month, central bank data showed on Friday.
Mustafa Chike Obi

Mustafa Chike-Obi: Government should explore opportunities in taxation

There are hidden economic opportunities in taxation which government should explore by brining more people into the tax net, the Executive Vice Chairman, Alpha African Advisory, Mustafa Chike-Obi, has said.

Report: Broadband penetration to rise to 55% by 2025

The “Nigeria Mobile Report 2019” released at the weekend by Jumia Nigeria has stated that the nation’s mobile broadband penetration is forecast to rise to 55 percent of its population by 2025.

Victor Attah: Nigeria in danger without true federalism

The inaugural Chairman of the Nigerian Governors’ Forum and former governor of Akwa Ibom State, Obong Victor Attah, has expressed serious doubt about Nigeria remaining as one entity if true federalism is not urgently implemented.

US risks recession as trade tensions heightens

U.S.-China trade war has boosted the risk of a U.S. recession, say a strong majority of economists polled by Reuters, who now put the chances of that happening in the next two years at 40 per cent.

Pat Utomi wants Nigeria to focus more on production

A professor of political economy, Pat Utomi, says Nigeria can only attain its much desired growth and development if it joins the comity of producing nations in the world.

IMF raises growth projection for Nigeria

In the World Economic Outlook report released on Tuesday at the ongoing spring meetings of the IMF and World Bank Group, the fund said Nigeria’s economy will grow by 2.1% in 2019, an increase of 0.1% points from the 2% projection given in January.

Recent Stories

Football fans have hailed the performance of Joe Aribo in Nigeria’s 1-1 draw against Brazil in Sunday’s international friendly in Singapore.

Joe Aribo hailed after brilliant goal against Brazil

Scottish Rangers’ first team coach Michael Beale has hailed midfielder Joe Aribo after he scored Nigeria’s goal against Brazil in the 1-1 draw international friendly match played yesterday at the Singapore National Stadium.
Brazil ended their tour of Singapore with a draw against Nigeria. The African side went ahead in the first half but Casemiro levelled things up after 48’.

Brazil midfielder Casemiro hails Super Eagles

“Speaking of results, it is never favourable. When it comes to Brazil, we always want to seek victory. But within what we were presenting, Sunday’s the answer was very good. The second half was good, against a physically strong team. The result is not good, but no doubt the second part was good, yes,” he said.g
All Progressives Congress (APC) Nigeria

Bayelsa guber: APC group woos Time Alaibe, seeks reconciliation with others

The All Progressives Congress (APC) may have taken steps to woo Timi Alaibe, runner-up for the ticket of the Peoples Democratic Party (PDP) in the November 16 gubernatorial poll, as it moves to reap from the internal schism that has polarised the party in the state.
Neymar Jr

Brazil manager under fire for playing Neymar

Brazil battled Nigeria in an international friendly on Sunday and drew 1-1 but that was the last thing people were talking about after the final whistle blew in Singapore.
Super Falcons skipper Onome Ebi has wishes Barcelona Ladies forward Asisat Oshoala best of luck ahead of UEFA Women’s Champions League final with Lyon on Saturday evening in Budapest.

Tokyo 2020: Onome Ebi raps NFF over Falcons’ ouster

Super Falcons defender Onome Ebi says she is yet to come to terms with Nigeria’s ouster from the Tokyo 2020 Olympic Games, even as she frowned at the shenanigans that surrounded the resignation of Swede coach Thomas Dennerby.