economic growth
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Nigeria IMF Cuts Nigeria’s 2024 Growth Forecast Due to Flooding and Oil Production Woes
The IMF has reduced Nigeria's growth forecast for 2024 to 2.9%, down from 3.3%, citing low crude oil production and severe flooding as primary factors. The report highlights persistent inflation challenges, projecting Nigeria’s inflation rate to stabilize at 25% in 2025 amid ongoing economic...- Nigeria News
- Article
- 1 min read
- economic growth imf oil production
- Category: Business
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Nigeria Nigerians Alarmed by FG's Plan to Deduct N20 Trillion from Pension Funds for Infrastructure Projects
The Federal Government's approval to deduct N20 trillion from pension and life insurance funds for infrastructure development signals a strategic move towards economic growth. during Tuesday's Federal Executive Council (FEC) meeting, the Federal Government unveiled plans to allocate N20 trillion...- Nigeria News
- Article
- 1 min read
- economic growth federal government housing infrastructure development long-term mortgages pension funds
- Category: Politics
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Nigeria Tinubu Claims Poverty Has No Place in Nigeria
In a recent address to Governors of the All Progressives Congress (APC), President Bola Tinubu asserted that Nigerians have no reason to be poor. Speaking at the Presidential Villa in Abuja, Tinubu challenged the governors to prioritize policies that benefit all citizens, transcending political...- Nigeria News
- Article
- 1 min read
- bola tinubu economic growth presidential address
- Category: Politics
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Nigeria Senate Approves Tinubu's $7.8B and €100M Borrowing Plan for Nigeria's Growth
The Senate has given the nod to President Tinubu's request to borrow $7.8 billion and €100 million, marking a significant milestone in the Federal Government's 2022-2024 borrowing plan. The approval followed a meticulous consideration and adoption of the report by the Senate committee on Local...- Nigeria News
- Article
- 2 min read
- $7.8 billion bola tinubu economic growth president tinubu senate €100 million
- Category: Politics
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