*Nigeria struggling to raise its economy due to insecurity and a fall in the price of a barrel of oil is.
With public debt already estimated at over $67 billion at the end of 2018, Nigeria’s growth slowed in the first quarter of this year to 2.01% compared to …
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The Catholic Bishop of Sokoto, Most Rev. Matthew Hassan Kukah, yesterday blamed the multinational corporations, IOCs, colonialism as well as greed emanating from oil discovery for the debilitating state of the country’s economy and current crisis across its regions....
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Nigeria’s economy is far more fragile today and economic growth severely constrained leading business managers and investors were told in Lagos yesterday.
Africa’s largest economy existed a devastating economic recession last year but growth data have been unimpressive and with elections...
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Mr Ahmed Kuru, the Managing Director, Asset Management Corporation of Nigeria (AMCON) on Friday said the corporation recovered N740 billion from debtors in 2017.
Kuru stated this at a news conference on ‘Debt Recovery, Nigeria Economy and the Corporation’ …
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Minister of Finance, Dr Ngozi Okonjo-Iweala, on Friday said part of what the Goodluck Jonathan administration did to improve the Nigerian economy was target setting.
She said this while calling for a massive education of insurance policy makers in the country to achieve deep insurance...
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FSDH Merchant Bank has estimated that Nigeria’s economy, measured by the Gross Domestic Product (GDP), grew by 3.55 percent in the first quarter of 2018 (Q1’18) from 1.92 percent in Q4’17.
Speaking at a media briefing on the May 2018 edition of its monthly economic …
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The Governor of Oyo State, Abiola Ajimobi, has stated that no Nigerian President has ever managed the country’s economy like President Muhammadu Buhari has.
Therefore, he urged the President not to be bothered by frequent criticism from Nigerians, saying even Jesus Christ and Prophet …...
World Bank: Nigeria to grow by 2.5% in 2018 — 9th January 2018 (NAN) The World Bank forecasts that economic growth in Nigeria would edge up to at least 2.5 percent in 2018, as the country benefits from improved commodity …
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Chieftain of All Progressive Congress (APC), Asiwaju Bola Tinubu has said economic restructuring will require a change in economic mindset and strategy.
He made this known on Wednesday at the National Defence College (NDC) Abuja, in his paper presentation to Course Participants titled...
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Ekiti State Governor, Mr. Ayodele Fayose has said that President Muhammadu Buhari-led federal government should stop decieving Nigerians with injecting of N350 billion into the economy.
According to a statement issued in Ado-Ekiti on Sunday by his Special Assistant on Public Communications and...
The National Leader of the All Progressives Congress, APC, Bola Tinubu, has said the current economic situation was not the making of President Muhammadu Buhari's administration.
The former Lagos State Governor, in his Eid-el-kabir message, noted that the current economic challenge was a phase...
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Not fewer than 2,000 shoemakers was said to have shut down operation in Aba, Abia state because they cannot pay for imported glue or synthetic leather, whose prices have surged due to the scarcity of dollars.
According to Newtelegraph report, Uche Okeke, who used to make 1,000 pairs of women’s...
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The National Bureau of Statistics (NBS) has released the second quarter of 2016 report with Nigerian economy hitting worst recession in almost three decades.
In the Second Quarter of 2016, the nation’s Gross Domestic Product (GDP) declined by -2.06% (year-on year) in real terms. This was lower...
The Presidency has denied media reports that President Muhammadu Buhari is seeking emergency powers to tackle the nation’s economic challenges.
The Senior Special Assistant to the Vice President on Media and Publicity, Laolu Akande, said in a statement late last night that the economic...
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With four major blue-chip companies losing as much as N51.86 billion in the first half of 2016, the lot of the manufacturing sector is getting bleaker and the economy of the nation is in sham.
Firms in Nigeria continue to grapple with input cost pressure and weak consumer purchasing power...
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