Browsing Tag

Nigeria Economy

Osinbajo Says Nigeria Need $3Trillion To Recover From Infrastructure Debt

News Agency of Nigeria Dec 4, 2020 0

Vice President, Yemi Osinbajo has made it clear that it would take Nigeria 30years to generate $3 trillion to recover from infrastructure debt. Osinbajo stated this in a webinar that was organized by the Bureau Of Public Enterprises…

Agriculture

CRIN Canvasses Rehabilitation Of Cocoa Industry To Improve Nigeria’s Economy

Chidinma Ewunonu-Aluko May 4, 2020 0

Dr Olayiwola Olubamiwa, the Executive Director, Cocoa Research Institute of Nigeria (CRIN), Ibadan, has advocated for rehabilitation of cocoa industry to improve Nigeria’s economy. SEE ALSO: COVID-19: Poultry Association Tasks Farmers on…

Politics

‘Insecurity, Poverty At Unprecedented Level Under Buhari’ – Celebrities for Atiku

News Agency of Nigeria Jul 23, 2018 0

Mazi Dickson Iroegbu, a prolific writer, movie producer and Convener of Celebrities For Atiku Movement, CEFAM recently released a statement on the rally Atiku Abubakar held on Saturday in Yola. He applauds Atiku for taking up the mantle…

Business

Data From Space Hint That Nigeria’s Economy Is Improving

The Herald NG Aug 30, 2017 0

Even as the Nigerian Bureau of Statistics, confirmed that food prices in Nigeria have reached a 9 year high, it seems other data sources are hinting an improvement in the Nigerian economy. Bloomberg reports that data from Space, yes…

Metro

Nigerian economy maintains recovery path – Presidency

News Agency of Nigeria May 24, 2017

The Presidential Adviser on Economic Matters, Dr Adeyemi Dipeolu, has analysed the statistics released by the National Bureau of Statistics (NBS) saying it showed the economy maintained path to recovery. According to Dipeolu, it is an…

Business

How Buhari, APC Wrecked The Economy – Nigerians Vent On Social Media

Features May 22, 2016 0

Since President Muhammad Buhari took over the mantle of leadership of Nigeria, several economic indices have continued to spiral downward. The GDP, which had enjoyed several years of tremendous growth is down for the first time since 2004,…

Ticker

Financial Times UK dubs Buharinomics “the height of foolishness”

Ola Jan 25, 2016 0

Leading international business publication, The Financial Times UK has described the economic policies of the Buhari administration as the 'height of foolishness'. Steve Johnson, Deputy editor of the FT's EM Squared section wrote…

Business

IFC to Expand Nigeria Investments to $2 Billion by 2014

Business Editor Aug 6, 2013 0

The International Finance Corp., the World Bank’s private-lending arm, plans a 25 percent boost in Nigeria investments to $2 billion by next year, said Solomon Adegbie-Quaynor, the country manager. Funds to be raised directly by the IFC…

Business

Central Bank Keeps Principal Rate At 12% For 11th Consecutive Meeting

Economic Editor Jul 24, 2013 0

The Monetary Policy Committee retained the policy rate at 12 percent, for the 11th consecutive meeting in order to protect the Nigerian economy against the adverse effect of increased oil theft on government earnings and increased…

Business

FG Releases $1bn From Excess Crude Account For State Governments

Derin Akinnuoye Jan 30, 2013 0

The Rivers State Governor, Rotimi Amaechi, has announced that President Goodluck Jonathan has approved the sharing of $1bn from the controversial Excess Crude Account among the 36 states of the federation and the Federal Capital Territory.…