Nigeria Economy
Anambra election: Senator Umeh backs Chukwuma Soludo
Sen.Victor Umeh, former National Chairman of the All Progressives Grand Alliance (APGA), has given his backing to governorship aspiration of Prof Charles Soludo, former Central Bank of Nigeria, (CBN), governor.
Pensioners start nationwide protest Friday over ‘minimum pension’
Senior citizens under auspices of the Nigeria Union of Pensioners (NUP), on Wednesday said they have resolved to embark on a massive protest, starting Friday morning across 36 States and the Federal Capital Territory in order to press home their demands on ‘minimum pension’.
Ex-IGP alleges marginalisation of oil producing communities
Former Inspector General of Police and former Chairman Police Service Commission, Mike Okiro, has alleged that his ethnic nationality, Egbema, was being marginalised and relegated in the scheme of things.
Ex-CBN director: Nigeria’s economy can grow up by to 10% annually
Dr Titus Okunrounmu, former Director, Budgeting Department, Central Bank of Nigeria (CBN), says Nigeria’s economy can grow by between seven per cent and 10 per cent annually if the necessary measures are put in place.
CPN president: Digital technologies efficient in sustaining social, economic development
The President and Chairman of the Council of Computer Professionals (Registration Council of Nigeria), Professor Charles Uwadia, has disclosed that digital technologies have proven to be efficient in sustaining social and economic developments.
Nigerian government explains failure of previous national plans
The federal government has traced the failure of previous national economic plans partly to inadequate cooperation and buy-in by sub-national governments.
Nigerian government blames states for failure of past development plans
Federal Government has blamed the states for the shortcomings of the past development plans, saying it did not receive the needed co-operation from the sub-national governments.
Dangote: We will continue to come up with strategies to boost business opportunity in...
Dangote Industries Limited has expressed its determination to always come out with strategies that will boost business opportunities in Nigeria.
House speaker: Nigeria’s economy in dire straits
If not quickly addressed, the heightening insecurity in the country will wreck the country’s economy, Speaker of the House of Representatives, Femi Gbajabiamila, has warned.
US companies invest $3.8 billion in Nigeria in five years
Companies of United States of America (USA) origin operating in Nigeria invested a total of $3.75billion to expand their operations in the country in the last five years and plans to invest another $2.75 billion in the next three years, a survey by American Business Council (ABC) has shown.
Major petroleum marketers advocate joint action to mitigate effects of petrol price hike
Marketers of petroleum products under the aegis of Major Oil Marketers Association of Nigeria (MOMAN) have called for a joint action of stakeholders in the Nigeria economy to find ways to mitigate adverse effects of the imminent increase in the price of petrol.
Rivers governor: APC running vindictive government
The Rivers State Governor, Chief Nyesom Wike, has stated that the All Progressives Congress, APC, Federal Government was running a vindictive administration, adding that the government only go after leaders who are not APC member.
Governor Wike: Why Nigerians will vote out APC in 2023
Governor Nyesom Wike says the failure of ruling All Progressives Congress (APC) to tackle insecurity and corruption will compel Nigerians to vote out the party in 2023.
NBA, NMA, 28 others demand overhaul of security apparatus
Thirty prominent professional bodies under the aegis of the Association of Professional Bodies of Nigeria (APBN) yesterday urged the federal government to immediately overhaul the country’s security apparatus, saying the situation had largely deteriorated in recent months.
NIWA to enforce regulations on shipyard activities, boat building – chief
Dr. George Moghalu, Managing Director, National Inland Waterways Authority (NIWA) has said that the authority has commenced enforcement of Shipyard operations and boat building regulations to curtail incidence of boat mishap.
Nigerian government will use part of N2.3 trillion ESP stimulus as buyer of last...
The Federal Government will use part of the N2.3 trillion stimulus package to purchase locally produced items as buyer of last resort in line with its Economic Sustainability Plan, according to Vice President Yemi Osinbajo, SAN.
NIPOST: Lagos chamber wants regulatory framework reviewed
The Lagos Chamber of Commerce and Industry (LCCI) has called for the review of the regulatory framework of the Nigerian Postal Service (NIPOST) in the interest of the Nigerian economy, business continuity, private sector development and job creation.
APC raps ex-VP Atiku Abubakar over comment on economic diversification
The All Progressives Congress (APC) has expressed surprise over the failure of former Vice President Atiku Abubakar, to acknowledge the bold efforts APC administration made towards diversifying Nigeria economy.
Askia Ogieh: This year’s workers day is an unusual one
Managing Director of the Delta State Oil Producing Area Development Commission, DESOPADEC, Chief Askia Ogieh, has described this year’s Workers Day as an unusual one amidst the battle against the COVID-19 pandemic.
Coronavirus: Nigeria’s economy fragile, vulnerable – NEC
The National Economic Council (NEC) on Thursday received the report of the Presidential Economic Advisory Council (PEAC) on the impacts of Coronavirus disease on the Nigeria’s economy.
Coronavirus: NEC receives report on impact on economy
The National Economic Council on Thursday received the report of the Presidential Economic Advisory Council on the impacts of Coronavirus disease on Nigeria’s economy.
Chamber urges Nigerian government to support completion of fair complex in Enugu
The Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA) has appealed to the Federal Government to support the completion of the Enugu International Trade Fair complex to boost Nigeria economy.
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Niger Delta: President Buhari has surpassed all past presidents – NYCN
National Youth Council of Nigeria (NYCN) on Sunday said that President Muhammadu Buhari has surpassed all past Presidents of the country in the development of the Niger Delta region.
Edinson Cavani offered £50K pay rise to stay at Manchester United
Manchester United plan to keep Edinson Cavani at Old Trafford for the 2021-22 season by offering the striker a wage increase of £50,000, according to reports.
Federal pensioners pull out of pensions union
The crisis among pensioners on Sunday got messier as Federal Civil Service Pensioners (FCSP) finally opted out of the Nigeria Union of Pensioners (NUP) over alleged denial of the branch’s rights and privileges.
David Moyes lashes out at Premier League chiefs over Manchester United decision
The Hammers boss – whose men were beaten by Everton – has called on the Premier League to explain the questions surrounding the integrity of the competition being affected with United’s 3-1 win at Aston Villa their first of three games in five games.
APC needs credible candidate to win Anambra election – aspirant
Chief George Moghalu, the All Progressives Congress (APC) governorship aspirant in Anambra, says electing a credible candidate is critical for the party to capture power in the state.
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Minister: Nigerian government to intensify diversification of energy sector
The Minister of State for Power, Mr Goddy Agba, says the ministry will continue to support the Federal Government’s policies on diversification of the energy sector.
Femi Fani-Kayode: Sheikh Gumi a pure evil, janjaweed terrorist
Former Aviation Minister, Femi Fani-Kayode, has described Kaduna-based Islamic cleric, Sheikh Ahmad Gumi, as “a pure evil, a janjaweed terrorist”.
Belgian club join race to sign Super Eagles new boy
Belgian club KAS Eupen have joined the race to sign Enyimba winger Anayo Iwuala, who last month debuted for the Super Eagles.
Ebonyi government accuses PDP of spreading falsehood
Ebonyi State Government has described the 15-point Communiqué of the leaders of the Peoples Democratic Party (PDP) in the South-east on their resolution for states to maintain a joint security vigilante to be called Ebubeagu Joint Security Network as an exercise in futility and an attempt to mislead the general public.
Chad rebels ‘fleeing’ – defence minister
Rebels who launched an offensive in northern Chad, sparking clashes that claimed the life of veteran president Idriss Deby Itno, are in flight, the country's new defence minister said on Thursday.