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...
Despite the economic downturn, there had been a mad rush for Christmas shopping, leading to astronomical rises in the prices of some commodities. In preparation for...
The continuous face-offs between the Ministry of Finance, Nigeria National Petroleum Corporation (NNPC), State Governments and revenue generating organs of the Federal Government on the other...
The National Information Technology Development Agency (NITDA) has said that startups in the information technology sector contributed $101 million to the Nigerian economy in the first...
The World Bank, in its latest report on Nigeria’s economy, has said that fiscal deficits in the country will likely widen further in 2018. According to...
The Statistician-General of the National Bureau of Statistics (NBS), Yemi Kale, said the Nigerian economy could be regarded as a diversified economy based on the Q2...
Businesses in Nigeria are now more confident in the Nigerian macro economy in June compared to the preceding month, even as confidence of the services and...
The Minister for Communications, Mr. Adebayo Shittu, on Monday, said some Indian businessmen have shown Interest to invest $4 billion into Nigeria’s manufacturing sector. Mr. Shittu...
The World Bank Group has expressed its satisfaction with the performance and growth recorded in the Nigerian economy since it emerged from recession. The bank made...
The Minister of Information and Culture, Lai Mohammed, has claimed that President Muhammadu Buhari has already diversified the Nigerian economy. He pointed to Nigeria’s exiting of...
Vice President Yemi Osinbajo has argued that the Nigerian economy was being held back by a unique set of challenges, chief among which was mind-boggling corruption, urging...
The Federal Government has foiled an attempt by an unnamed country to donate ship load of poisonous rice for use by the Internally Displaced Persons (IDPs)...
The suspension of the Director-General (DG) of the Securities and Exchange Commission (SEC), Mr. Mounir H. Gwarzo by the Minister of Finance, Mrs Kemi Adeosun last...
THE trending economic recovery news in the third quarter of 2017 (Q3’17)/ first nine months 2017 (9-M’17), did not prevent the banking sector from some misery...
The Governor of Ekiti State, Ayodele Fayose, has expressed his shock over President Muhammadu Buhari’s reported expression of satisfaction on the state of the economy, stating...
No fewer than two million containers laden with various cargoes worth over N5 trillion are currently stranded at the Lagos port complex, due to the inability...
Senate President, Bukola Saraki has commended the Nigerian Army for its decision to purchase 50,000 pairs of shoes from local manufacturers in Aba for the use...
The Emir of Kano, Muhammadu Sanusi, has blamed various inconsistent policies of governments as the root cause of most of the religious and social crises bedeviling...
The Nigerian economy has been hit by dwindling fortunes losing not less than $2.24bn in foreign direct investment (FDI), the worst in its history, according to findings by economists. According to them, between July...
By Gimba Kakanda… We do not know the exact starting date of this historic festival,nor are we in the know of its end date. I mean this...
By Joseph Edgar… With the ongoing beating of the Naira at the exchange market and its apparent devaluation, I have come to the sane conclusion that...
The Nigerian National Petroleum Corporation (NNPC) has raised a fresh alarm, drawing attention to activities of militants in the Niger Delta region of the country. It...
Ace comedian Ali Baba flew into a rage in a new post on Instagram asking pertinent questions concerning the Nigerian economy and the way Nigerian leaders...
Despite government promise, Nigeria has been recording a sharp decline in revenue from the non oil sector between the first and second quarters of 2016. Reports from a nongovernmental organisation, Intelligence Watch, at the weekend said about $1.02billion revenue-loss was...
The Chairman, Senate Committee on Local and Foreign Debts, Senator Shehu Sani, has warned the Federal Government to put in place short-term measures to cushion the...
The presidency has fully acknowledged that the Nigerian economy is in shambles, but is also optimistic that it can be fixed. The Presidency however warned that...
The African development Bank (AfDB) is to spend $12 billion in budget support for infrastructure projects on energy in some African countries, including Nigeria in the...
The figures are out, and Nigeria is officially in a state of recession. We are in the worst situation ever imagined. But I was proven right...
Governor of Jigawa state, Abubakar Badaru has absolved former President Olusegun Obasanjo of any blame over the economic recession that has hit Nigeria. He however declared...
The only means of early revival of the present economic crisis is for Nigeria to deliberately devote the two special banks: Bank of Industry, (BoI) and...
With effect from tomorrow (Thursday) all staff of Aero Contractors will precede on compulsory leave as the airline has announced a suspension of its scheduled operational...
By Joseph Edgar… You know one should never get tired of screaming at this juncture of our national development but the patriotic instinct in me would...
By Joseph Edgar… I have just finished reading Simon Kolawole’s piece in Thisday. As usual he simply just painted a true picture of our present predicament...
President Muhammadu Buhari has said his administration will strive to resuscitate the economy through innovative ideas in the gas, technology and agricultural sectors. He said this...
Let me state it very clear that I am not exactly the number one fan of this present regime, but daily I remain gracious with its...
It is not all gloom for the Nigerian economy, as PricewaterhouseCoopers (PwC) has predicted that it can be among the top 10 world economies by 2050....
In spite of government’s efforts to diversify the nation’s economy from crude oil based, non-oil exports dropped by a whopping 58 per cent losing $6.14 billion...
By Joseph Edgar . . . This is a write up portraying my seeming helplessness and submission to the vagaries or whatever it is that is...
For national stability of the country, all geopolitical zones in the country must contribute equitably to the nation’s Gross Domestic Product (GDP). This view was expressed...
The shortage of electricity has not improved for members of the Manufacturers Association of Nigeria (MAN) since last year as they spend over N9 billion daily...
By Olisa Akukwe In 2006, a song that was part salsa, part hip-hop hit the airwaves with resounding resonance, globally. “Hips don’t lie” by Shakira, the...
By Remi Oyeyemi If the purpose of government is to ease the lives of the people, then it is time for President Mohammadu Buhari to really...
By Joe Onwukeme . . . . One person of interest, an Aso-empowered brigandage, Government Ekpemupolo, aka Tompolo, a former militant leader, like a wounded telltale,...
Nobel laurate, Professor Wole Soyinka, has bemoaned the state of the Nigerian economy, saying it is bad and discouraging. He also called for an emergency economic...
By Joseph Edgar. . . My good friend Gbubemi Atiomo is usually very pensive. Not used to chicanery and hardly impressed. I have known him for...
By Pastor Tunde Bakare… Isaiah43: 18 and 19 “Do not remember the former things, nor consider the things of old. 19 Behold, I will do a...
The Nigerian Senate has come down hard on the Central Bank of Nigeria (CBN) over its strict Foreign Exchange policy, and urged the apex bank to...
Managing Director of the International Monetary Fund (IMF), Ms. Christine Lagarde, who arrived Nigeria on Monday on a four day official visit is to meet with...
By Adeola Aderounmu . . . The hysteria that normally trails announcement of loots stolen and recovered have been with Nigeria since after independence in 1960....
