It is not just the menace of insecurity in the land that has been in the news in Nigeria, the economy too, and indeed the latter...
The Centre for the Promotion of Private Enterprise (CPPE) has projected that the Nigerian economy will fare better this year. The Chief Executive Officer of CPPE,...
The Peoples Democratic Party (PDP) presidential candidate in the last general elections, Atiku Abubakar, on Sunday, counseled President Bola Tinubu’s administration on how to address the...
The naira to dollar exchange rate was put at N770.17/$1 at the close of trading, in the official market at the end of last week, according...
Iba Gani Adams, the Aare Onakakanfo of Yorubaland, has lamented the fact that Nigeria has been turned into a beggar nation due to unbridled and huge...
The New Nigeria Peoples Party (NNPP) presidential candidate, Rabiu Kwankwaso, on Sunday, blamed lack of due diligence in the government for budget padding in the country....
Investors have continued to pass up opportunities to invest in the Nigerian economy, putting their personal safety and investment security first. Investors hold the view that...
Nigeria’s Gross Domestic Product (GDP) rose to 3.54% year-on-year in the second quarter of 2022, falling 1.47% below the 5.01% the economy grew in Q2 2021,...
The Central Bank of Nigeria (CBN) has revealed that Nigeria in six months of 2022 attracted $1.47 billion capital inflows. According to CBN the Nigerian banking...
Founder of Stanbic IBTC, Atedo Peterside, has said that the Nigerian economy began to decline under President Muhammadu Buhari’s administration, erasing the growth of the previous...
The opposition Peoples Democratic Party (PDP) on Friday accused the Federal Government led by the ruling All Progressives Congress (APC) of ruining the economy of the...
The World Bank has issued a fresh prediction on Nigeria’s economy for 2022, raising its growth to 3.8%, up from 2.5% projected earlier in the year....
Nigerian currency continues its free-fall to the United States dollars and financial experts have told Nigerians to expect further depreciation as the year progresses. According to...
Gani Adams, the Aare Onakakanfo of Yorubaland, on Tuesday, advised the Federal Government to pay serious attention to the country’s economy in order to prevent its...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
Senate President Ahmad Lawan has revealed that Nigeria is experiencing its worst fiscal crises since independence. According to Lawan, the country is not generating enough to...
Central Bank of Nigeria (CBN) has been directed by the House of Representatives to suspend its fiscal policy, and electronic invoice (e-invoice) for all import and...
In the last six years, attracting investment inflows into the country has become one of prayers and hope. State governors who badly need these investments to...
The founder of the Afe Babalola University, Ado Ekiti, Aare Afe Babalola, has highlighted the flaws of the cashless policy entrenched by the Central Bank of...
The Minister of State for Labour and Employment, Festus Keyamo has disclosed the harmful effects of subsidy payments on the economy. Keyamo spoke on Monday during...
The Nigerian economy started 2021 with much exuberance, having recovered from the second recession under the present administration in the fourth quarter of 2020. After the...
The Central Bank of Nigeria (CBN) has provided a breakdown on the various interventions carried out to stimulate the economy. CBN revealed this in its latest...
Today, September 13, makes it 100 days since the federal government suspended the use of twitter in the country costing the Nigerian economy about N247.8 billion,...
The decision by President Muhammadu Buhari’s government to suspend Nigerians from accessing Twitter has so far cost the business in Nigeria at least N153.43bn. The ban...
The militant group, Niger Delta Avengers has made a comeback to the creeks with a vow to cripple Nigeria’s oil flow, and it’s economy. The group...
The All Progressives Congress (APC) chieftain, Bola Tinubu, has lamented the weak state of the Nigerian economy despite being out of recession. Tinubu made this call...
Major Oil Marketers Association of Nigeria has revealed that over N10.7 trillion was expended on fuel subsidy in the last 10 years. Chairman of the association,...
The Nigerian economy will be much weaker if the prices of goods and services, or cost of living, keep rising, data from the Central Bank of...
Nigeria’s Gross Domestic Product (GDP) would taper by two per cent this year relative to 2019, when a growth of 2.3 per cent was recorded, professional...
Financial services firm stand the chance of attracting $10 billion in earnings into the Nigerian economy through installation of blockchain technology, the Nigerian Information Technology Deployment...
Consumers’ overall outlook on the Nigerian economy was bleak in the third quarter, as they were pessimistic in their outlook, the Central Bank of Nigeria (CBN)’s...
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said the Nigerian economy fared better than analysts’ projections for the second quarter of 2020....
The maritime sector’s contribution to the national economy stands at N7 trillion annually, the Nigerian Shippers’ Council (NSC) has revealed. Nevertheless, the industry requires the support...
The Nigerian economy attracted cross-border greenfield capital investment worth $10.2 billion in 2019, the latest report by fDi Market Intelligence, a research unit of London-based Financial...
The Central Bank of Nigeria (CBN) has introduced a number of measures and strategies targeted at building a more resilient and more self-reliant national economy in...
The Consumer Expectations Survey Report (CES) of the central bank for the first quarter of this year suggests that individual Nigerians as well as businesses are...
The National Bureau of Statistics (NBS) said on Monday the Nigerian economy recorded a 2.27 percent growth last year compared to 2018 when it posted 1.91...
The Nigerian economy expanded by 2.55% at the end of last quarter of last year, compared to the corresponding period of 2018. This is contained in...
Between 2018 and 2019, the total value of investments in the Nigerian economy tumbled from US$90.89 billion (N33.039 trillion) to US29.91 billion (N10.872 trillion). Put differently,...
Roughly three months after the presidency transmitted the draft Finance Bill to the National Assembly for legislative scrutiny and approval, final assent came its way this morning as...
Strong indications have emerged that Nigeria’s oil and gas industry may suffer a major setback this year as some International Oil Companies (IOCs) in the country...
The economic report of the Central Bank of Nigeria (CBN) has revealed that the Nigerian economy recorded a total foreign exchange inflow of $58.01 billion between...
Investment inflow into the Nigerian economy declined by $460 million in the third quarter of 2019, the National Bureau of Statistics (NBS) said on Monday. According...
The march to economic stability has been rather too difficult for Nigeria, not particularly because of its massive population size of about 200 million but for widespread...
Nigerians have been rated as the poorest set of citizens in the world under the administration of President Muhammadu Buhari in the last four years. The...
Governor Ifeanyi Ugwuanyi of Enugu State has called on civil servants in the state to pray for the improvement of the finances of the state so...
The National Bureau of Statistics, NBS, has said that the Nigerian economy recorded a total of N32.26 trillion trade in 2018. This is contained in the...
A new report by the Association of Chartered Certified Accountants and Institute of Management Accountants, on Global Economic Conditions, have said that Nigeria faces its lowest...
Despite the upcoming general elections in the country, some chief executive officers (CEOs) have predicted that the Nigerian economy will perform better in 2019 than last...
The Federal Government has said it is targeting increasing manufacturing exports by $30 billion by 2025 through the development of Special Economic Zones. This was disclosed...
