Nigerians in Diaspora have been described as the chief enablers financing the Nigerian economy. The remittance inflows into the country showed that the nation depends largely on them to survive.
This disclosure was made by the Leader and Chief Economist of PwC, Dr Andrew Nevin. …
Kwara State Governor AbdulRahman AbdulRazaq on Wednesday called for urgent diversification of the Nigerian economy to lessen national reliance on crude oil, saying the country must invest in agriculture and small and medium scale enterprises.
“The theme of your study tour —Economic …
President Muhammadu Buhari has said that Nigeria’s economy has been revamped since his administration took over in 2015.
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A corporate and commercial law expert, Daniel Agada, says that President Muhammadu Buhari’s visit to the U.S. will further open up the American market for Nigerian goods.
Agada told the News Agency of Nigeria (NAN) in Abuja....
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Renowned economist and Managing Director of Cocosheen Nigeria Limited, Lagos, Mr Henry Olujimi Boyo, in this interview, declares that positive indices that can drive the Nigerian economy are lacking and pointedly accuses those who has the responsibility of managing it of deliberately running it...
Mr. Prasun Banerjee, managing director, Binatone Nigeria, in this interview with OLAJIDE FABAMISE, speaks on how the company has survived the recent economic recession, battles with counterfeiters and other issues targeted at the heart of the Nigerian consumers.
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The Lagos Chamber of Commerce and Industry (LCCI) is optimistic about the Nigerian economy in 2018, hinging its optimism on the forthcoming general election which will force spending into the economy. “This year, 2018, will be a better year. Interest-earning investments will likely to be lower...
The traditional ruler of Isolo in Lagos State, Oba Kabiru Agbabiaka, has called on both federal and state governments to reintroduce price controls in the country, particularly on food items. The traditional ruler, who spoke to the News Agency of Nigeria (NAN) on Sunday in Lagos, wondered why …...
Experts say the wellbeing or otherwise of the Nigerian economy in 2018 will be determined by the strength of its foreign reserves. They told MARK ITSIBOR that the FG must offload equity – ownership in some sectors to attract long-term foreign direct investment, going forward Reserves “The key...
Sen. Hadi Sirika, Minister of State for Aviation, on Friday said the Nigerian economy would retain over N20 billion annually through local C-Checks on Boeing 737-300, B737-400 and B737-500 aircrafts. Sirika said this in Lagos after a successfully conducted Boeing B737-500 C-Check in Nigeria...
Economic experts across the country have given a projection of the economy of the Nigeria in 2018.
Many have predicted better performance of the Nigerian economy in the mew year.
A financial analyst and head, Department of Banking and Finance at the Nasarawa State University, Keffi, Dr. Uche...
2018 economy projection
economic experts in nigeria
The Presidency on Saturday raised the hopes of Nigerians in the New Year with a pledge to ensure major facelifts in three sectors of the economy.
The sectors are:
roads, based on the present administration’s investment in infrastructure.
The Special Adviser to the...
Nigeria’s economy continued its recovery from recession, rising 1.4 percent in the third quarter of this year on increased oil production, official data showed Monday.
The National Bureau of Statistics (NBS) said it was the second quarter of consecutive growth since the country emerged from...
nbs report on economy
nigeria gdp at 1.4%
nigerianeconomynigerian q3 report
Emir of Kano Malam Muhammad Sanusi II says restructuring would help the country to reduce the size of government and build a better economy.
He emphasised need for immediate dialogue on the clamoured restructuring of the country, saying “we cannot continue to live in denial of the need for...
emir of kano
mallam muhammad sanusi ii
sanusi on restructuring
union bank of nigeria plc
National Leader of the All Progressives Congress (APC), Senator Bola Tinubu, has proposed a seven-point agenda, which he said, would revive the country’s troubled economy and drastically reduce her dependence on petrodollars.
Tinubu explained that the development of a national infrastructure...
tinubu 7 point agenda on economy
President Muhammadu Buhari said yesterday that he considered going on exile if the harvests are not good for two consecutive years.
He said this at the Presidential Villa in Abuja yesterday while receiving the National Council of Traditional Rulers led by the Sultan of Sokoto Muhammad Sa’ad...
muhammad sa’ad abubakar
national council of traditional rulers
sultan of sokoto
The Nigerian economy has finally exited the recession, as data on the country’s gross domestic product (GDP) growth rate grew at 0.55 per cent in the second quarter (Q2) of 2017.
The National Bureau of Statistics (NBS) stated this in its Q2 2017 GDP results.
The Q2 2017 growth rate of 0.55 per...
nbs report on gdp
A total of N462.359 billion has been distributed as Federal Allocation for the month of May 2017 to the Federal Government, State Governments and Local Government Councils.
This is contained in a communiqué issued by the Technical sub-Committee of Federation Accounts Allocation Committee...
Nigerian economy contracted by 0.52 per cent year-on-year for the first quarter of 2017,
but much better 1.21 per cent than deeper -1.73 per cent recorded in fourth quarter of 2016.
The National Bureau of Statistics (NBS), stated this in first quarter 2017 Gross Domestic Product (GDP) report...
gross domestic product
national bureau of statistics
nigeria's latest gdp report
The Nigerian economy is gradually coming out of its worst recession in years, the finance minister, Kemi Adeosun, has said.
“Nigeria is coming out of recession; we are beginning to see the signs and we will come out to become stronger,” the News Agency of Nigeria quotes Mrs. Adeosun as saying...
minister of finance