economy
3 days ago
Blessing Oyeleye Adesiyan is a care economist and innovator. She is the founder and Chief Executive Officer of Mother Honestly Group Inc. the parent company of The Care Gap, Caring Africa, and Caring Blocks, focused on closing the care gap for families, workplaces, and economies through research, policy, and technology reaching over 30M+ globally. In…
26 Nov
Nigeria’s output defied the odds growing by 3.46 per cent in the third quarter of the year, according to data released by the National Bureau of Statistics (NBS) yesterday. The announcement comes amid a high inflation rate, prohibitive interest rate, and insecurity among other headwinds. The growth is 0.92 percentage points higher than the rate…
25 Nov
The Kano State Government has concluded plans to strengthen the state’s economy and boost Small Scale Enterprises with a N25 billion small-scale entrepreneurs support loan. With about 70 per cent of the funds allocated to entrepreneurs, the initiative is poised to promote economic growth and development in Kano State. Making this known, the Commissioner for…
24 Nov
A financial expert, Prof. Uche Uwaleke, says the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is likely to raise interest rates again. Uwaleke, the Director, Institute of Capital Market at the Nasarawa State University, is also the President, Capital Market Academics of Nigeria. He said this in an interview with the…
22 Nov
The Nigerian government and people have been challenged to learn from the People's Republic of China on economic transformation and lifting its huge population out of abject poverty. Former Governor of Abia State, Dr Okezie Ikpeazu, issued the challenge on Thursday while unveiling a book written by journalist John Azu, titled "Contemporary Legal Cooperation: China…
18 Nov
President Bola Tinubu, on Monday, warned that a collapsed Nigerian economy will not be in the interest of anyone, calling on academic unions, especially the Academic Staff Union of Universities (ASUU), and others to partner with the government in building the economy. Tinubu, who was represented by the Minister of State for Education, Dr. Suwaiba…
16 Nov
The Minister of Environment, Balarabe A. Lawal, has stated that the government is working on the principles of a circular economy to scale up infrastructure development and enhance the country's economic landscape. Lawal disclosed this during a plenary session on “Empowering Interregional Partnerships for Circular Economy Transition: Towards A Climate-Resilient and Sustainable Future” at the…
13 Nov
A Chieftain of the Peoples Democratic Party (PDP) in Enugu state, Humphrey Nwodo said on Wednesday that Governor Peter Mbah has laid enduring legacies that could transform the economy of the state. He stated that the quantum of projects by the governor when completed would improve the state’s economic viability and place it above its…
31 Oct
The former national chairman of the All Progressives Congress (APC), Adams Oshiomhole has warned that the current economic hardship in Nigeria could lead to social unrest. Oshiomhole gave this warning while speaking at a recent Distinguished Personality Lecture hosted by the National Institute for Security Studies (NISS) in Abuja. Speaking on the topic, “National Minimum…
18 Oct
A global financial services provider focused on education and mobility solutions, Proconnect, has advocated for Nigerian students who study abroad to return home to contribute to the country’s economic development. The global CEO, Elda David Samuel, made this call during a chat with reporters at a global press conference organised by Proconnect on how Nigerians…
15 Oct
A financial analyst/investment banker, Mr Oluwaseyi Odufuwa, says Nigeria’s ambition to build a one-trillion dollar economy by 2030 is achievable if critical policies are implemented within the next three years. Odufuwa, who is also the Managing Director of Capital Plus Ltd., made this assertion during an interview with newsmen in Lagos. “Sustainable finance is crucial…
13 Oct
Vice-President Kashim Shettima says the nation’s economy has started improving and it will rebounce in the coming months