Home Topics Nigeria’s Economy

Nigeria’s Economy

The President of the Senate, Ahmad Lawan has said that, with the recent constitution of the relevant parliamentary committees, the ninth National Assembly is now more prepared and ready to work for Nigerians. 2

National Assembly ready to work for Nigerians – Senate president

The President of the Senate, Ahmad Lawan, has said that, with the recent constitution of the relevant parliamentary committees, the ninth National Assembly is now more prepared and ready to work for Nigerians.

Singapore premier hails President Buhari on inauguration for second term

The Prime Minister of Singapore, Lee Hsien Loong, congratulated President Muhammadu Buhari on his inauguration for a second term in office.

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.

Godwin Emefiele: Nigeria ready for business

The Central Bank of Nigeria (CBN) has assured investors and the international community that the country having gone through a successful election, was ready for investments.

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.

Misery Index: Nigeria not a miserable country

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).

ITF trains 300,000 to combat unemployment

Over 300,000 unemployed Nigerians received training in 2018 under the industrial training skill acquisition programmes initiated by the Fund to tackle the scourge of unemployment troubling the nation Nigeria.

Experts: VAT increment will further worsen Nigerians’ situations

A notice by Minister of Budget and National Planning, Senator Udoma Udo Udoma and Executive Chairman of Federal Inland Revenue Service (FIRS) Mr. Babatunde Fowler of government’s intention to raise the rate of value added tax (VAT) before the end of 2019 is presently causing ripples among various categories of Nigerians.
Tony Elumelu, chairman of Heirs Holdings, says access to electricity is critical to growing Nigeria’s economy.

Tony Elumelu: Access to electricity is critical to economic growth

Tony Elumelu, chairman of Heirs Holdings, says access to electricity is critical to growing Nigeria’s economy.

Ooni of Ife celebrates Aje festival

The Ooni of Ife, Oba Adeyeye Ogunwusi, Ojaja II, has led thousands of Ile Ife indigenes, market men and women, professionals and business tycoons across the country to celebrate this year’a edition of Aje Festival.
National Chairman, APC, Adams Oshiomhole

Adams Oshiomhole: Atiku Abubakar working for foreign interests

Adams Oshiomhole, national chairman of the All Progressives Congress (APC), says Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), is working for foreign interests.

IMF: Nigeria’s economy to grow by 3.8% in 2019

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).
Atiku Abubakar

Atiku Abubakar asks Muhammadu Buhari to resign over comment on economy

Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), on Sunday, asked President Muhammadu Buhari to resign over his Friday’s comment that Nigeria’s economy was in a bad shape.

Rotimi Amaechi: Why GE pulled out of railway concession, overhaul deal

The federal government Thursday gave reasons why American firm – General Electric (GE), pulled out of a planned $2.7 billion deal to concession and rehabilitate Nigeria’s narrow gauge railway, stating that GE was no longer in the business of transportation and had to hand over its interest in the deal to another firm.

IMF warns Nigeria on rising debt service

The International Monetary Fund (IMF) has cautioned the Federal Government to be mindful of the country’s rising debt service to revenue ratio and take steps to mitigate the situation.
Gbenga Olawepo-Hashim

Gbenga Olawepo-Hashim: How APC dragged millions of Nigerians into poverty

The presidential candidate of the Peoples Trust, Gbenga Olawepo-Hashim, has berated the ruling All Progressives Congress for what he described as the party’s poor economic management strategy, which he said has led to greater poverty amongst Nigerians.
President Buhari receives Letters of Credence from Ambassadors of Pakistan, Senegal, Belarus and Denmark in State House on 1st Nov 2018 8

Muhammadu Buhari: We’ll make Nigeria’s economy better

President Muhammadu Buhari has said that his administration will continue to implement policies that will make Nigeria’s economy, which is already looking good, better.

Ejike Mbaka: Muhammadu Buhari is change, but Atiku Abubakar is bureau de change

Mbaka described Atiku as bureau de change, according to him, because of the foreign currencies that allegedly exchanged hands at the National Convention of the People’s Democratic Party, PDP, before the ex-VP emerged the party’s presidential candidate.

Recent Stories

Abdulrahman Abdulrazaq

Death of 17 Kwara admission seekers painful, preventable – governor

Kwara State Governor AbdulRahman AbdulRazaq on Sunday lamented the death of 17 students in an auto crash on their way back to the state from Kano, describing the incident as a painful one that could have been prevented.
President Buhari commissions New Terminal Building of Abuja International Airport on 20th December 2018-9

ANAP: We’ll resist planned concession of major airports

The Association of Nigerian Aviation Professionals (ANAP) on Sunday said that aviation unions would continue to kick against planned concession of some major airports across the country by the Federal Government.
Benedict Ayade

Cross River: Communal crisis impeding our development – governor

The Cross River State governor, Professor Ben Ayade, has deplored the upsurge in communal crisis in the state, stressing that this menace has been impeding the development.
Rasheedat Ajibade played an outstanding role in Avaldsnes’s 1-0 victory over Roa in their Norwegian Toppserien game on Saturday.

Nigeria striker Ajibade’s assist key in Avaldsnes win over Roa

Rasheedat Ajibade played an outstanding role in Avaldsnes’s 1-0 victory over Roa in their Norwegian Toppserien game on Saturday.
Pope Francis on March 30 addressed the people, authorities, representatives of civil society and the diplomatic corps in the Moroccan capital, Rabat.

Pope urges Amazon fires to be put out, calls for prayers

The world must work together to extinguish the fires ravaging Brazil’s Amazon rainforest, Pope Francis said in his weekly address to thousands of people gathered in St. Peter’s Square on Sunday.