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Nigeria economy

26 Apr
“We think that debt has to be seen from the standpoint of its origins. Debt’s origins come from colonialism’s origins. Those who lend us money are those who had colonised us before.
26 May 2020
To mitigate the impact of COVID-19, financial experts have advised the Federal Government to go beyond the 3.83 per cent aggregate stimulus response for Nigeria economy.
25 May 2020
Nigeria’s Gross Domestic Product (GDP) grew by 1.87% on a year-on-year basis in the first quarter of 2020 despite many economic contractions around the world, a new by National Bureau of Statistics report has shown. The performance recorded represented a contraction of 0.23 per cent compared to Q1 2019 and a contraction of 0.68 per…
17 Mar 2020
It is disheartening and lamentable that anytime there is shock in the price of oil, no matter how small, the Nigerian economy goes into tantrum and the “economic managers” begin to run helter-skelter looking for “oxygen mask” to put it on life-support.
12 Mar 2020
The latest ICAEW economic report has described Nigeria’ economic performance as being sluggish and weighing heavily on West and Central Africa’s prospects, with regional growth rising...
24 Dec 2019
The country’s quest to overcome growth and development challenges will remain a mirage as government continues to prioritise huge consumption above capital investments, says a report by the Central Bank of Nigeria
23 Oct 2019
Olawale Oluwo is a former Lagos State Commissioner for Energy and Mineral Resources who resigned his appointment at the tail end of the Lagos State Governor, Akinwumi Ambode tenure. Oluwo, who was the speaker at the Afang Summit held recently in Lagos, a monthly gathering of men and women from all sectors of the economy…
3 Sep 2019
Nigeria's economy grew year-on-year in the second quarter of 2019 by 1.94%, riding on the back of stable oil prices to push the half-year (H1) growth to 2.02%, Nigeria's bureau of statistics said on Tuesday. However, when compared to 2.10%  recorded in the first quarter of 2019, the Q2 real growth rate indicates a decline of…
27 Aug 2018
The National Bureau of Statistics (NBS), said Nigeria’s Gross Domestic Product (GDP) grew by 1.50 per cent year-on-year in real terms to N16.58 trillion in the second quarter.
23 Dec 2017
The International Monetary Fund (IMF) has said although Nigeria is said to have exited recession, the economy still remains largely vulnerable.
10 Oct 2017
Yemi Osinbajo stated this yesterday at the Financial Times Africa Summit holding at the Claridge’s Mayfair Hotel in London, said that the government in the past months had been working assiduously to improve macro-economic conditions.
8 May 2017
The potential of the company is the potential of the country. Though, our market share especially in Nigeria is lower than in other countries, it simply means we have the opportunity to accelerate our growth.

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