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Nigeria’s manufacturing sector has been under much strain due to structural challenges that continue to impede its growth. The October Business Confidence Monitor by NESG-Stanbic IBTC only states the obvious; BENJAMIN UMUTEME …
Revitalising Nigeria’s manufacturing sector amid economic headwinds Read MoreThe Gutenberg Printing Association of Nigeria (GUPPAN), has stated that a National Policy on Printing would help address some core issues of standardization, technological investment that have over time impeded …
Printers advocate for national printing policy to drive industry growth Read More
The national chairman of the Nigeria Institute of Industrial Engineers (NIIE), Engr. Abu Ozigi, says in order to create a strong and growing national economy, industries must contribute 40 percent …
Industries must contribute 40 percent of GDP for strong national economy – NIIE chair Read More
The international Monetary Fund (IMF) in its Global Economic Outlook report for October downgraded Nigeria’s economic growth to 2.9 per cent in 2024. In April, the Fund had projected Nigeria’s …
IMF downgrade Nigeria’s economic growth to 2.9% in 2024 Read More
The resident information and public relations officer of the Nigeria Integrated Water Resources Management Commission (NIWRMC), Fatimah Yusuf, has pledged the determination of the agency to enhance the Renewed Hope …
How water regulations can contribute to nation’s economy, by NIWRMC official Read More
The Founding Executive Director Centre LSD Leadership School, Dr. Otive Igbozor, has called on Nigerians to encourage their wards to study courses that would benefit the country at large. According …
Centre LSD urges Nigerians to embrace ideology that will lead to economic growth Read More
The International Monetary Fund (IMF), Tuesday said achieving Nigeria’s projected 3.1 per cent economic growth outlook for 2024 is dependent on implementation of stronger reforms. IMF Resident Representative, Dr Christian …
IMF hinges Nigeria’s 3.1% economic growth outlook on stronger reforms Read More
The House of Representatives Wednesday said Nigerians have demonstrated remarkable democratic resilience in navigating the challenges, overcoming obstacles and adapting to changing circumstances. The House, through its spokesman, Akintunde Rotimi, congratulated …
Democracy Day: Nigerians showing remarkable resilience – Reps Read More
Nigeria’s Technology-Driven Rating Agency, DataPro Limited, has emphasised the need to accelerate the credit culture as a way of promoting Nigeria’s economic growth. In his presentation at the 2nd edition …
Only a credit culture will accelerate Nigeria’s economic development – Rating Agency Read More
The Edo state governor, Mr. Godwin Obaseki, weekend said the state has the potential of a vibrant and thriving destination for investment. Obaseki stated this during the signing of the …
Tourism, hospitality, catalyst for economic prosperity, says Obaseki Read More
The Ministry of Art, Culture and Creative Economy (FMACCE) has unveiled plans to promote Nigeria’s culture and showcase its creators to the world, establishing the country as the leading global …
Ministry unveils plans to promote Nigeria’s culture Read More
A former Chairman Economic and Financial Crimes Commission (EFCC) Ibrahim Magu has called for a vigourous and holistic approach to the fight against corruption, saying it is a major impediment against …
Magu breaks silence, says corruption Nigeria’s greatest challenge Read More
With the economy at its lowest ebb, there is a need to carry out reforms that would get the economy back into shape. And this President Bola Tinubu has been …
As Tinubu targets $1trn GDP growth in 3 years… Read More
The Senate Wednesday called on the federal government to begin the process of upgrading the Muhammadu Buhari International Airport in Maiduguri, Borno State for international operations. The Red Chamber, …
Senate seeks upgrade of Buhari Airport in Maiduguri Read More
Kebbi state governor, Dr. Nasir Idris, Wednesday, assented to a supplementary budget of N19.4 billion approved by the State House of Assembly. The fiscal document was presented to him at …
Kebbi: Idris assents to N19.4bn supplementary budget Read MoreDespite economic challenges, political tensions, fuel and naira shortages, sluggish economy and political tension notwithstanding, there appear to have been a measure of growth in the first quarter of this …
Credit to private sector rises To N43.07trn In Q1’2023 Read More
Oil prices fell more than one per cent yesterday as concerns about rising interest rates, the global economy and the outlook for fuel demand outweighed support from the prospect of …
Oil prices fall 1% on concerns over rising rates, global economic outlook Read More
Economic growth in Sub-Saharan Africa is set to slow from 3.6% in 2022 to 3.1% in 2023, according to the latest Africa’s Pulse, the World Bank’s April 2023 economic update …
Africa’s economic growth to slow to 3.1% in 2023—WBG Read More
Stakeholders in the on-oil sector have been urged to redouble their efforts at innovative policies targeted at increasing the sector’s contribution to the growth of Nigeria’s economy. The chairman, Commerce …
Non-oil sector: Stakeholders urged to redouble efforts on economic growth Read More
Africa’s philanthropic organizations and the organized private sector have pledged its readiness to support the federal government in its forthcoming population census exercise. Delivering his goodwill remarks on behalf of …
Africa’s private sector pledges support for Nigeria’s census exercise Read More
President Muhammadu Buhari Thursday inaugurated the Maiduguri Emergency Power Project, describing the feat as another testament towards achieving stable, uninterrupted power supply aimed at improving the economy and lives of …
In Maiduguri, Buhari inaugurates NNPC power plant, projects, campaigns for Zulum Read More
Nasarawa state House of Assembly has passed the 2023 appropriation bill of N149, 3billion into law against the initial N148.9 billion presented by Governor Abdullahi Sule to the House for …
Nasarawa assembly passes 2023 budget into law Read More
The Minister of Police Affairs, Dr. Muhammad Maigari Dingyadi, has condoled with the people and government of China over the death of the country’s former President, Mr. Jiang Zemin. Dingyadi …
Police Minister condoles Chinese govt over ex-President Jiang Zemin’s death Read More
Insurance companies have said some of the people insured, hit by economic hardship, occasioned by rising inflation and falling incomes, are resorting to making spurious claims. The insurers said they …
Spurious claims on the rise as economy bites – Insurers Read More
The Bank of Industry (BOI) has declared a dividend payment of N7.89 billion for the financial year ended December 2021 to its shareholders, the Ministry of Finance Incorporated and the …
BOI declares N7.89bn dividend payment to shareholders, 75% profit growth Read More