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Nigeria’s economy

19 Jan
Port Manager, Lagos Port Complex, Funmilayo Olotu, has said that Nigeria needs more export activities to boost its forex inflow, as it is needed to enhance economic growth and development.
14 Jan
A global tightening of developed economies, particularly as announced by the United States Federal Reserve System and other developed countries, has raised fresh panic about Nigeria’s investment outlook with capital flight feared to worsen in coming months if not checked.
18 Nov 2021
Mr Simon Harry, the Statistician-General of the Federation and Head of the National Bureau of Statistics, has declared that the nation’s economy grew by 4.03 per cent in the Third Quarter of 2021.
22 Mar 2021
In the data world, like every other genre of science, there is no room for ambiguity but sufficient allowance for those who want to read the motive of the information source.
9 Feb 2021
The International Monetary Fund (IMF) in a report on Monday said Nigeria will need to increase its value-added tax (VAT) rate to at least 10% by 2022 and 15% by 2025 from 7.5% to boost revenues after it recovers from a recession. IMF said the Nigerian economy is at a critical juncture and the government…
14 Jan 2021
We were heralded into the last few days rounding off year 2020 with what seems to be cheering news from the International Monetary Fund (IMF): ”Nigeria is the biggest economy in Africa in terms...
1 Dec 2019
Dr Ogbonnaya Onu, Minister of Science and Technology, says Nigeria’s economy is passing through a phase of transition from being commodities-dependent to knowledge and innovation-based.
5 Oct 2016
The Port Harcourt, Warri and Kaduna refineries have been almost non-functional due to a poor maintenance culture and a profound difficulty for Nigeria to sustain the industrial ethics needed for large-scale refining.
8 May 2016
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has described maritime sector as the soul of Nigeria’s economy.

Latest

NOW
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has signed a Memorandum of Understanding (MoU) with Credit Agricole Du Maroc (CAM), Morocco, toward the promotion of sustainable agriculture of both countries
15 mins ago
The Commissioner for Health, Dr Tomi Coker, said this at a news conference on Friday in Abeokuta. She said the state could only boast of five basic life support ambulances in 2019, which currently increased to 26 to cover the nine federal constituencies.
16 mins ago
Zlatan Ibrahimovic intends to continue playing despite the end of his contract with AC Milan and a lengthy layoff in store following knee surgery, club director Paolo Maldini said Friday.
22 mins ago
Three communities along Abuja-Kaduna highway namely Akilibu, Rijana and Katari have appealed to Gov Nasir El-rufai not to relocate or clear their settlements.
32 mins ago
Mrs Ann Agom-Eze, a female senatorial aspirant on the platform of the All Progressives Congress (APC), Ebonyi chapter has urged the party to support aspirations of female politicians in the party.