Tuesday, 3rd December 2024
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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…
Former APC national chairman, Adams Oshiomhole has warned that the current economic hardship in Nigeria could lead to social unrest
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…
Vice President Kashim Shettima has described the number of out-of-school children in northern Nigeria as 'frightening'
13 Oct
Vice-President Kashim Shettima says the nation’s economy has started improving and it will rebounce in the coming months

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The Federal Government said it remains committed to achieving the goal of ending AIDS as a public health threat by 2030. It called on state governments and the private sector to scale up interventions aimed at preventing HIV transmission among children. Minister of State for Health, Dr Iziaq Adekunle Salako made the call at the…
6 mins ago
The Edo State chapter of the Coalition of Registered Political Parties (CRPP) on Tuesday commended Edo State Governor, Monday Okpebholo, for the people-oriented actions he has taken during his short stay as Edo State chief executive. A statement in Benin by the Coalition of Registered Political Parties (CRPP) chairman, Dr. Samson Isibor, said that the…
17 mins ago
The new Nigeria Tax Reform Bills before the National Assembly will repeal over 50 taxes that constitute nuisance to Nigerian taxpayers. Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr. Taiwo Oyedele, stated this in his post on his X handle on Tuesday. The new tax bills have generated a lot of controversy…
21 mins ago
The Nigerian Navy has expressed optimism of ensuring the the 2 million bpd production before the end of the year. The Commander of the Nigerian Navy Ship (NNS) Pathfinder, Commodore Cajethan Aniaku Gabe the assurance during the command's fourth quarterly route march in Port Harcourt, Rivers State. He reiterated Navy's commitment towards intensifying the fight…
24 mins ago
South Africa President Cyril Ramaphosa has announced that tourists from Nigeria can now apply for a visa without submitting a passport. Ramaphosa spoke on Tuesday at the opening of the 11th session of the Nigeria-South Africa Bi-National Commission (BNC) in Cape Town, attended by President Bola Tinubu. Tinubu's spokesperson, Bayo Onanuga, disclosed this in a…
25 mins ago
The Economic and Financial Crimes Commission (EFCC) has said that the company suspected to be the owner of 753 units of duplexes in Abuja, flagged by its investigations, denied ownership of the estate following publications made in leading national newspapers. EFCC spokesperson, Dele Oyewale, who disclosed this in Abuja, noted that it was on the…
26 mins ago
The Director-General of the Lagos State Pension Commission (LASPEC), Babalola Obilana, has lamented that many public servants have yet to open their Retirement Savings Accounts (RSAs). Obilana made this disclosure on Tuesday during a sensitisation programme on the Contributory Pension Scheme (CPS) for employees of Local Government Areas, held in Ikeja, Lagos. Over the course…
28 mins ago
Ahead of the much-anticipated premiere of Everybody Loves Jenifa in cinemas on December 13, Funke Akindele has treated fans to a festive surprise with the release of a Christmas song, Everybody Loves Christmas. The song, performed by D'banj, Falz, Waje, and the cast of the upcoming film, is produced by music maestro Cobhams Asuquo. READ…
33 mins ago
The Chairman, Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has clarified a post challenging a proposed increase in the rate of Value Added Tax (VAT) which he shared on X in 2019. In the post, Oyedele said VAT rate increase will lead to higher inflation, interest rate hike, and more unemployment, adding…
33 mins ago
The National Pension Commission (Pencom) has announced that low-income earners can now choose between withdrawing their entire retirement savings or continuing to receive their current pension. A memo dated November 27, 2024, and signed by A.M. Salem, Head of the Surveillance Department at Pencom, outlined the new regulation. This change follows President Bola Tinubu's signing…