Tuesday, 19th March 2024
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Nigeria economy

23 Feb
Nigeria, like many other nations, is currently undergoing a transformative digital financial revolution that holds immense promise for financial inclusion and economic growth. However, with this surge in digital financial services comes an escalating need for robust security measures to safeguard against illicit financial activities. In this rapidly evolving landscape, the role of financial risk…
23 Feb
Nigeria's economy grew 3.46 per cent in the fourth quarter of 2023, sustaining the third consecutive expansion since President Bola Tinubu assumed office as president.
8 Feb
In the labyrinth of Nigeria's economic landscape, a pervasive wave of hardship has engulfed the nation, leaving its citizens navigating through soaring costs, diminished purchasing power, and profound lifestyle adjustments. The complex interplay of policy reforms, notably the removal of fuel subsidies and the unification of exchange rates, has ushered in a new era of…
18 Dec
Former APC Deputy National Publicity Secretary, Timi Frank, has voiced deep concern about the deteriorating socio-economic conditions during President Bola Tinubu's tenure. Frank, in a statement issued on Monday, highlighted the severe economic hardships faced by Nigerians, citing escalating poverty, salary delays, inflation surges beyond 28 percent, and the cost of living soaring. He pointed…
4 Dec
For the nation’s economy to grow steadily at sixteen per cent per annum over the next six years to attain $1 trillion economy by 2030, there is need for government to unlock the huge potentials of long term financing inherent in the capital market, as well as ensure that borrowings are tied to infrastructure bonds.…
11 Nov
Prof. Doyin Salami, former Chief Economic Adviser to the immediate past president of the country, Muhammadu Buhari, has blamed the nation’s backwardness on its handlers, saying there were no deliberate efforts about its progress. Salami, who was the guest speaker at the 2023 Sobo Sowemimo Annual Lecture with the theme, ‘Imperatives of Nigeria’s Regeneration’, held at the…
19 Sep 2023
Deputy Secretary, U.S. Department of the Treasury, Wally Adeyemo, yesterday, blamed instability of the naira, corruption, and lack of integrity for Nigeria’s financial woes, even as he proffered solutions. Adeyemo spoke, when he visited the Lagos Business School, calling among others, for unification of the country’s foreign exchange, with a view to attracting foreign investment.…
30 May 2023
I wish to congratulate you (former) Mr President for your stewardship of Nigeria for the past eight years. Thank you very much for all your strong support for me, as President of the African Development Bank Group.
29 May 2023
Findings have shown that contrary to promises by President Muhammadu Buhari and the All Progressives Congress (APC), on assumption of office in 2015 and 2019, to revamp the economy, tackle corruption, among others, not much have been achieved, few days to the end of their eight years in office.

Latest

3 mins ago
The Yoruba Obas Forum has described the death of Oba Lekan Balogun, the Olubadan of Ibadan, as a colossal loss to Yorubaland. According to the News Agency of Nigeria (NAN), National President of the forum and Molokun of Atijere, Oba Samuel Adeboye, stated this in a condolence message on behalf of other members, yesterday, in…
30 mins ago
Boxing icons, Tyson Fury and Anthony Joshua, are being lined up for a two-fight deal. The two British rivals have not yet met in the ring despite being two of the most dominant boxers in the heavyweight division over the past decade.
33 mins ago
Ghana’s new coach, Otto Addo, has said that he omitted Arsenal midfielder, Thomas Partey, from the Black Stars’ team that will meet the Super Eagles in a friendly match on March 24 because “he asked to be excused from the game to gain full fitness following recent injuries.”
41 mins ago
West Africa’s best golfers have been lined up to battle for the Custodian Classic’s N20 million purse on March 28 at Lakowe Lakes Golf Club, Lagos.   
42 mins ago
Team Nigeria’s Mixed Martial Arts (MMA) athletes, comprising nine fighters, are relishing their experience at the ongoing 13th African Games in Ghana, where they featured in nine weight categories.
1 hour ago
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, yesterday disclosed how his administration was able to save $53 million for Nigeria from a contract of $128 million approved by the immediate past administration of President Muhammadu Buhari He said the administration of President Bola Tinubu met the contract for the operation of the…
1 hour ago
Donald Trump has been unable to post a bond covering the full amount of his $454m New York civil fraud judgment against him, his lawyers said in a court filing.
1 hour ago
Yoruba Council of Elders (YCE), yesterday, warned against any attempt to pull down the President Bola Tinubu-led government over the media buzz generated on the heels of alleged budget padding.
1 hour ago
The Ogun State Government has said that the N5 billion intervention palliative meant to cushion the impact of the current economic challenges in the country is having direct impacts on the people of the state.
1 hour ago
Lagos State Governor, Babajide Sanwo-Olu; former governors, erudite scholars and nationalists, yesterday, called for a new constitution, saying that the current one is faulty, flawed and does not reflect the yearnings and aspirations of the people.