nigerian economy

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    Business [VIDEO] CNN's Richard Quest Calls For Proper Deregulation, Open Transparency In Nigeria

    Richard Quest is CNN's foremost international business correspondent and host of Quest Means Business, has described Nigeria as a sleeping giant economically. Quest stated this on Wazobia TV in Lagos. He said: “for 30 years, I have been asked about Nigerian Economy, It is always the same...
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    Business Presidency Reacts To 'Nigerian Economy Out Recession' Report

    Presidency has reacted to the World Economics report on Nigerian Economy sliding out of recession. Garba Shehu stated this in a chat with Seun Okin on Channels Television Politics Today. He said, lot of the policies are bearing fruits and economy is gradual moving our of recession. “We are...
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    Politics PHOTOS: President Buhari At The Launching Of Economic Recovery Plan

    Nigeria's President, Muhammadu Buhari has on Wednesday launched the Nigeria Economic Recovery and Growth Plan (ERGP) (2017 to 2020) at the Council Chamber of the Presidential Villa, Abuja. Dignitaries who graced the brief ceremony included the Senate President, Bukola Saraki, Speaker of the...
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    Business 12 Things Nigerians Should Know About Buhari's Economic Recovery Plan

    Nigeria's President, Muhammadu Buhari has on Wednesday launched the Nigeria Economic Recovery and Growth Plan (ERGP) (2017 to 2020) at the Council Chamber of the Presidential Villa, Abuja. Stressing that his administration is committed to delivering its electoral promises, he said that the plan...
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    Politics Finally, Buhari To Launch Economic Recovery Plan Tomorrow

    President Muhammadu Buhari will on Wednesday launch the Economic Recovery and Growth Plan 2017-2020. The Federal Government early March released the Economic Recovery and Growth Plan (ERGP) for Nigeria’s economic recovery growth and sustainable development for 2017 - 2020. The ceremonial...
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    Politics Buhari Confirms Nigeria's Economy Is Recovering

    President Muhammadu Buhari says the nation’s economy is gradually recovering as a result of last farming season. Femi Adesina, President's media aide said, Mr. Buhari stated this when he spoke on Thursday while receiving the outgoing Ambassador of the Royal Embassy of Saudi Arabia, Fahad Bin...
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    Business Nigeria Among World Economies Set For Speedy Growth In 2017 – Bloomberg

    Good news is coming than bad when it comes to global growth this year, as Nigeria, Argentina and and several of Latin America’s largest economies would spike up. The expectation is that 62 economies are slated for an improvement compared with last year, while 33 will see a deterioration...
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    Business It Will Take A Miracle For Buhari To Revert Naira In 8 Years - Soludo

    Former Governor of the Central Bank of Nigeria (CBN), Charles Soludo has said it will take a miracle for President Muhammadu Buhari to return Naira back to its former rate. Soludo spoke at the ‘Big Ideas Podium’, a public policy debate organised by the Afri Heritage Institution in Enugu said...
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    Business Nigeria’s Economy Contracted By 1.5% In 2016 - NBS

    Nigeria’s gross domestic product contracted by 1.51 percent in 2016, the National Bureau of Statistics said on Tuesday. Africa’s largest economy slid into recession for the first time in 25 years in the second quarter of 2016 as a slump in crude prices and attacks on oil installations in the...
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    Naira: How Nigeria's Currency Became Worth Less

    The Nigerian Naira has been a major headache for its citizens, investors and businesses owners as the currency fell short of the largest economies in Africa. In 2016 alone, the currency was ranked among the worst performing currencies in the world, but this was thanks to the federal government...
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    Business Nigeria: We Are Moving Economy Out Of Recession - FG

    The Federal Government has said the over subscription of its recent Eurobond in excess of $7.8 billion compared to a pre-issuance target of $1bn showed strong market appetite for Nigeria. It also said the development is confirming confidence of the international investment community in...
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    Politics Osibanjo Tells NLC, Endure The Pain For Now

    Acting President Yemi Osinbajo Wednesday told leaders of organised labour who staged a protest to the Aso Rock Villa demanding good governance that “corruption in this country is wealthy, powerful and influential”. Osinbajo spoke with the leaders led by president of the Nigeria Labour Congress...
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    Business Oil Prices Steady At $57 As FG Identifies Measures To Revive Economy

    Oil steadied close to $57 per barrel on Monday as rising tensions between the United States, Iran and Organisation of Petroleum Exporting Countries, OPEC, supply cuts were countered by ample inventories and signs that higher prices will revive U.S. output. U.S. energy companies added oil rigs...
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    Business Nigeria Is In Serious Economic Situation – Osibanjo

    Acting President Yemi Osinbajo has declared that the country is in a serious economic situation. He was speaking at the Old Banquet Hall of the Aso Rock Presidential Villa in Abuja on Monday while declaring open, the Agenda for Consultative Forum on Economic Recovery and Growth Plan. He said...
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    Politics Anambra 2017: APC Begins Aggressive Mobilization Ahead Of Guber Election

    All Progressives Congress in Anambra state has started aggressive mobilization and registration of new as well as the re-validation of old members ahead of the gubernatorial election to be held in November 2017. In a stakeholders meeting held in Awka, the Anambra state capital, the Chairman of...
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    Business How The Nigerian Economy Can Be Saved And Why You Should Be Patient

    Proshare, the online investing platform have suggested the path of economic recovery in any nation. The recovery path, according to the article was liken to a patient recuperating from malaria, and the symptoms of recovery start to manifest when you are able to tolerate little quantities of...
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    Metro 12 Powerful Losers in 2016

    2016 can never be forgotten in a rush as events that unfold the scene shook the world and some personalities. The significance flows from the unprecedented political events to economic decline, gambling and fumbling. Here are 12 powerful losers in 2016. 1. Ibrahim Magu: DSS indictment and...
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    Business Nigerian Economy Enters 4th Consecutive Quarter of Recession

    Nigerian economy has continued in recession as persistent low oil prices, weak currency exchange rates, falling sales and rampant levels of inflation are putting increasing pressure on businesses as the fourth quarter report emerged. Africa’s largest economy sees its business confidence fall to...
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    Business Nigeria: Prices of Goods Under Jonathan Vs Buhari

    Reno Omokri, Aide to former President, Goodluck Jonathan has reacted to the proposed data tariff by the Nigerian Communication Commission, NCC to big telcoms. Omokri, while reacting tweet a picture of price comparison during Goodluck Jonathan's tenure and the present government led by President...
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    Business Nigeria: More Trouble As Economy Shrinks 2.24% in Q3

    More headache for President Muhammadu Buhari-led federal government as Nigerian economy continued to languish in recession in the third quarter as its shrank 2.24 per cent compared to the same three months in 2015. This was a further deterioration on the 2.06 per cent contraction in the second...
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