Nigerian Economy
VP Osinbajo: Nigeria faced with unprecedented economic challenge
“We must communicate to our people where we are now, and that we can no longer assume we are still where we used to be. We are faced with a challenge that no government in the history of Nigeria has ever faced. So, we have to redesign our economic planning and change our thinking.”
Nigeria’s central bank disinfects headquarters, branches
As the Federal Government, through the Federal Ministry of Health and the Nigeria Centre for Disease Control (NCDC), intensifies effort to check the spread of the novel Corona virus pandemic in the country, the Central Bank of Nigeria (CBN) has commenced the disinfection of its head office and 37 branches.
President Buhari promises access to food, medication
President Muhammadu Buhari has promised not to restrict access to food and medications but urged Nigerians to adhere to instructions meant to curb the spread of the coronavirus pandemic.
National Assembly leadership meet ministers on planned 2020 budget review
The Leadership of the National Assembly on Wednesday held a meeting with some Ministers and Heads of agencies from the Executive arm of Government to brainstorm on the impact of Coronavirus pandemic on the Nigerian economy.
Nigerian governors suspend meeting indefinitely
The thirty–six State Governors under the aegis of the Nigeria Governors Forum, NGF, have been forced to suspend, indefinitely its planned meeting following the growing trend of the ravaging Coronavirus, COVID-19, that is at the moment, ravaging the world and its economy.
ITF suspends graduation ceremonies
Industrial Training Fund (ITF) has said it is suspending all graduation ceremonies for 2019 until further notice, in order to curb the spread of coronavirus.
Naira: It’s currency adjustment, not devaluation – central bank
The Central Bank of Nigeria (CBN) said Friday’s decision to peg the exchange rate of the Naira at N380 to the dollar is not a devaluation of the Nigerian currency.
Nigeria ‘devalues’ naira as analysts asses market situation
As the Coronavirus, COVID-19, pandemic continues to take a toll on the Nigerian economy, the Central Bank of Nigeria, CBN, has technically devalued the naira to reflect market conditions as analysts and market operators said they are not surprised.
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.
Coronavirus: Stakeholders differ on impact of Nigeria’s central bank stimulus
Stakeholders in the organised private sector (OPS) have expressed divergent views on the use monetary intervention to mitigate the impact of the global Coronavirus (Covid-19) pandemic on businesses in Nigeria.
Coronavirus: Governors constitute sub-committee, pledge functional isolation centres
The Nigeria Governors‘ Forum (NGF) has set up a seven-member sub-committee to review the trend of the Coronavirus and global failing in petroleum price, as well advice State governments on required measures to address the challenges on the economy.
Coronavirus: Nigeria suspends recruitment exercises
As parts of efforts to contain the effects of the coronavirus on the nation’s economy, the Nigerian government on Wednesday announced plans to halt recruitment exercises in the public service.
Presidency: President Buhari to minimise impact of coronavirus on Nigeria’s economy
The Special Adviser to the President on Media and Publicity, Mr Femi Adesina, says President Muhammadu Buhari’s focus is to preserve the well-being of Nigerians from the Coronavirus Disease (COVID-19) pandemic.
President Buhari: We’ll protect Nigerians from adverse effects of coronavirus on economy
President Muhammadu Buhari has assured that his administration would take necessary measures to isolate Nigerians from the consequences of the Coronavirus (COVID-19) outbreak on the economy.
Ekiti workers set to strike over minimum wage
As negotiation over the implementation of the N30,000 minimum wage and the consequential adjustment across board has begun to drag, workers have called on its members to prepare for a showdown with Governor Kayode Fayemi.
Olusegun Mimiko: Nigeria’s economy has failed
A former governor of Ondo State, Olusegun Mimiko, on Monday said that the Nigerian economy has failed.
Aliko Dangote: Nigeria running late for economic diversification
The President of the Dangote Group, Alhaji Aliko Dangote, has said the diversification of the Nigerian economy needs to be achieved urgently, following Monday’s crash in the price of crude oil.
Recent Stories
APC governors hail Comrade Adams Oshiomhole at 68
Governors on the platform of the All Progressives Congress under the aegis of Progressive Governors’ Forum (PGF) have congratulated their national chairman, Adams Oshiomhole, on the occasion of his 68th birthday.
Oyo records new coronavirus case, to fumigate markets
The Oyo State COVID-19 Task Force said the state has recorded another positive case, bringing to nine the total of positive cases in the state.
The Flash actor Logan Williams passes on at 16
Williams, who played a young Barry Allen in eight episodes of The CW series, suddenly passed away on Thursday (April 2), the cause of his death has not been reported.
Abia coronavirus lockdown taskforce impounds vehicles, tricycles
Several vehicles and tricycles were on Saturday impounded by the Abia State Joint Taskforce on Enforcement of lockdown over COVID-19 pandemic.g
Pink reveals coronavirus diagnosis, donates $1 million to relief funds
Pink, 40, revealed Friday night that she had caught and recovered from a case of the novel coronavirus COVID-19.
Most Popular
Lagos reveals areas worst hit by coronavirus
The Lagos State Government has released the list of hotspots with the highest numbers of confirmed COVID-19 cases in the state.
President Buhari asks governors to nominate doctors, nurses for training on coronavirus
President Muhammadu Buhari has directed state governors to nominate doctors and nurses in their various domains for training on COVID-19.
Atletico Madrid favourites to sign Manchester United target
Barcelona are set to let midfielder Ivan Rakitic leave the club for a fee of £17million this summer with Atletico Madrid leading the race for his signature, according to Marca.
Mohammed Yaya: Nigeria weightlifting federation awaits post coronavirus clarity
President of the Nigeria Weightlifting Federation, Mohammed Yaya, has stated that the Federation is waiting for clarity and normalcy post-Covid-19 to set it to plan underway in order to get set for the Weightlifting Olympics qualification so as not to be caught napping when the Africa Weightlifting championship gets an official date.
LASEMA raises alarm over pipeline leakage
Dr Olufemi Oke-Osanyintolu, the Director-General, Lagos State Emergency Management Agency (LASEMA), says the Nigerian National Petroleum Corporation (NNPC) pipeline along the axis at Mosan Bus Stop, Kakatin area, Ipaja, Lagos State, is leaking.