Browsing Tag

Nigerian economy

We’ll be Harder on Bandits, Buhari Assures Nigerians

Ismaila Chafe Jan 28, 2020 0

President Muhammadu Buhari says “harder times’’ await bandits whose disruptive activities have brought sorrow to Nigerians, kept many away from their means of livelihood, and heightened insecurity in parts of the country. The…

Opinion

Nigerian Authorities Keep Taking Us Backwards

Ibejigba Caleb Dec 23, 2019 0

In a world of electric cars, robots and amazing technologies Nigeria keeps taking one step forward and five more backwards. In a speech made by The FCT Sector Commander of the Federal Road Safety Corps (FRSC), Ayuba Gora, driving with the…

Finance

How VAT increase will affect the Nigerian economy

Chinyere Nwokeoma Sep 12, 2019 0

Some financial experts on Thursday said that Value Added Tax (VAT) increment by the Federal Government would further dampen purchasing power of Nigerians.They told the News Agency of Nigeria (NAN) in separate interviews in Lagos, while…

Agriculture

Nigeria has all it takes to be “power house in agriculture in Africa – Adesina

Ese Ekama Jun 16, 2019 0

Dr Akinwumi Adesina, the President African Development Bank (AfDB) says Nigeria has all it takes to be “a power house in food and agriculture” on the African continent.Adesina, who said this on the sidelines of the Banks’s Annual…

News

Nigeria greatest contributor to wealth creation in West Africa — AfDB

Ese Ekama Jun 12, 2019 0

The African Development Bank (AfDB), says Nigeria is the greatest contributor to wealth creation in West Africa, contributing about 75 per cent of regional Gross Domestic Product (GDP).Mr Ebrima Faal, AfDB Senior Director for Nigeria…

Government

Nigeria’s economy is stuck like a stranded truck – The Economist claims

Samuel Oduoye May 31, 2019 0

London-based magazine, The Economist has said the first tenure of President Muhammadu Buhari had only left the Nigerian economy “stuck like a stranded truck.”The magazine stated this in its publication, which was posted on its website…

Government

Nigeria got $12.71bn investment in first quarter of 2019 – NIPC

Oluwafunke Ishola May 16, 2019 0

The Nigerian Investment Promotion Commission (NIPC), says it has tracked investment announcements in the economy worth $12.71 billion in the first quarter of 2019.The commission made the disclosure in its “Report on Investment…

Government

Nigeria risks ‘Tsunami of Poverty’ with continued ban on importation – Bloomberg

Samuel Oduoye May 16, 2019 0

United States-based media company, Bloomberg has warned that the poverty level in Nigeria is bound to multiply if it refuses to drop import barriers and join Africa’s free-trade zone.In a piece written by Noah Smith, an assistant…

Business

Nigerian economy should grow by 8%, not 1.9% — CSO

Folasade Folarin Nov 11, 2018 0

A Civil Society Organisation (CSO), BudgIT says the Nigerian economy needs to grow by eight per cent and not 1.9 per cent in order to lift citizens out of poverty.EFCC to Prosecute Babachir LawalMr Atiku Samuel, Head Research,…

Finance

Naira Further Crashes Down to N361.91 Per Dollar

News Agency of Nigeria Jul 20, 2018 0

The Naira, yesterday, depreciated by 22 kobo to N361.91 per dollar in the Investors and Exporters window.Vanguard reports that data from FMDQ showed that the indicative exchange rate for the window rose to N361.91 per dollar yesterday…

News

2019: ‘Nigeria May End Up Like Venezuela’ – Senator Warns

John Ogunsemore Feb 11, 2018 0

The senator representing Bayelsa East in the National Assembly, Sen. Ben Murray-Bruce has raised the alarm over alleged steady decline in the nation's economy since the All Progressives Congress (APC) came to power.He said, if left…

News

2019: ‘Nigeria May End Up Like Venezuela’ – Senator Warns

John Ogunsemore Feb 11, 2018 0

News

2019: ‘Nigeria May End Up Like Venezuela’ – Senator Warns

John Ogunsemore Feb 11, 2018 0

News

2019: ‘Nigeria May End Up Like Venezuela’ – Senator Warns

John Ogunsemore Feb 11, 2018 0

News

What Nigeria Is Benefitting From My Ministry – TB Joshua

John Ogunsemore Jan 27, 2018 0

The General Overseer, Synagogue Church of All Nations (SCOAN), TB Joshua has highlighted some of the benefits Nigeria has derived from his ministry.In an interview with Vanguard, he said the church has helped to boost Nigeria's tourism…

Business

Tinubu proposes thoughtful solutions to Nigeria’s economic challenges

The Herald NG Oct 9, 2017 0

A national leader of the All Progressives Congress, Aiswaju Bola Ahmed Tinubu has proposed solutions to the economic quagmire embroiling Nigeria.Tinubu called on the Buhari administration to implement an economic policy that encourages…

Business

Recession exit on paper only – Expert

The Herald NG Sep 7, 2017 0

Nigeria's economy recently expanded by 0.55%, ending 25 months of consistent economic decline, however some experts say that recovery is on paper only for the time being.A Minna based economist, Mr Kolo Paul, says Tuesday’s report of…

Government

Economy will pick up now Buhari’s returned – Northern Governors

The Herald NG Aug 20, 2017 0

The Northern Governors Forum has expressed their confidence that economic growth will pick up now President Muhammad Buhari has returned to the country.Chairman of the NGF and Zamfara State Governor, addressing correspondents at the…

Government

Acting President releases the economic blueprint to create 10 million jobs by 2019 (See it here)

Staff Writer Mar 8, 2017

The Acting President, Professor Yemi Osinbajo has released the government's plan to pull the Nigerian economy out of a biting economic recession and into a period of economic stability that will surely usher prosperity for many.The…

Government

$50 Per Barrel: Nigeria To Benefit From Oil Price Increase

Uju Oct 3, 2016 0

The 56th Independence day celebration has indeed come with its own good news, as the Nigerian economy is set to get better with the recent increase of oil to $50 per barrel in the international market.This new development has signaled a…

Government

The Truth Behind The Current Economic Crisis – Tony Anenih

Kelechi Uchenna Jul 22, 2016 0

The ex-chairman of the Board of Trustees of the Peoples Democratic Party (PDP) Chief Tony Anenih, has called for the diversification of the Nigerian economy, stating that Nigeria’s dependence on oil is the cause of its current woes.He…

Government

Present State Of The Economy – Presidency Speaks Up

Kelechi Uchenna Jul 8, 2016 0

The Presidency has spoken up about the present state of the economy, stating that President Muhammadu Buhari and his team have worked hard and planned not only to save cost.This was revealed by Laolu Akande, the senior special assistant…

Government

True State Of The Economy – Osinbajo Opens Up

Kelechi Uchenna Jun 17, 2016 0

Vice President, Yemi Osinbajo has admitted that the current state of the economy is bad, but Nigerians need to bear with the government.According to him, the current economic hardship in the country is not meant to punish Nigerians.…

Business

Nigeria Must Stop Importing What It Has – Emir Of Kano

John Ogunsemore Mar 19, 2016 0

The Emir of Kano, Alhaji Muhammadu Sanusi II, on Saturday said Nigeria must stop importing what it has in order to boost local industries and create jobs.The Emir stated this in Kaduna while inaugurating the new Council Secretariat of…

Opinion

Buhari, The Nigerian Economy And The Daring Alternatives – By Dele Awogbeoba

Dele Awogbeoba Feb 3, 2016 0

My article titled “The Buhari Government and the Winds of Decline of the Nigerian Economy” effectively painted a very worrying picture for the Nigerian economy under Buhari caused by a confluence of reasons ranging from the incompetent…

Opinion

How To Be A Clueless President – By Femi Aribisala

Asst. Opinion Editor Jan 26, 2016 0

Instead of giving Nigerians the change you championed, give them excuses. Blame Goodluck Jonathan for everything.In six years of Goodluck Jonathan’s presidency, the opposition told us again and again the man was “clueless.” It made sure…

Business

Buharinomics: FG Plans To Borrow $9 bln, May Launch Eurobond Q1 2016

The Herald NG Dec 17, 2015 0

The President Muhammad Buhari led Federal Government has announced plans to borrow big time in order to spark up a currently dull Nigerian economy. The plans are part of a 2016 N1.84 trillion ($9.3 billion) borrowing plan which will see the…

Business

BUA Sabotaging Economy for Excessive Profit – FG

The Herald NG Dec 1, 2015 0

The federal government has raised the alarm over continuous sabotage of its economic policies by local business conglomerate, BUA group.The regulatory body charged by the federal government to see to the transformation of the sugar…

Opinion

Whither Nigeria’s Economic Direction?

Abdul Razak Odunlade Nov 2, 2015 0

IT is not in doubt that Nigeria is in crucial economic times. Any keen observer must, therefore, be concerned about the prospects of Lagos State which controls the largest share of the Nigerian economy. Lagos is, in many ways, the nation’s…

Health & Relationships

Eggs Contribute N620b to Nigeria’s Economy – PAN

Jumoke Oct 13, 2015 0

Poultry Association of Nigeria (PAN) has said that Egg contributes N620 billion to Nigeria’s economy annually.National President, Dr. Ayoola Oduntan, who said this in Abuja at a news conference to mark this year’s World Egg Day,…

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