Tag: economy
Creative Industry contributed to economy-Lai Mohammed
According to Federal Government's Post Covid-19 Initiative on the Creative Industry, the fashion industry, hospitality and tourism industries all contributed over N3.2 trillion to...
NSE warns buyers to trade cautiously with 13 companies listed on...
The Nigerian Stock Exhange Market (NSE), has advised all investors to be careful, when trading shared belonging to some thirteen companies listed on its...
President Buhari to Sign 2020 Budget today- Dr. Zainab Ahmed
Dr. Zainab Ahmed, Nigeria's Minister of Finance, Budget and National Planning, met with the leadership of the National Assembly on Thursday July 9, on...
BREAKING: EFCC and DSS Say Magu was not arrested for interrogation
The acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, was reportedly arrested by the Department of State Services (DSS).
Magu was...
COVID-19: N138 billion trade deficit recorded by NBS in Nigeria
As the Corona virus pandemic continues to intensify, Nigeria has recorded a trade deficit of N138.98 billion in th Q1 of 2020. This makes...
Nigeria needs to sustain gas supply to improve economy
With the Corona virus pandemic that hit the entire world, Nigeria has not been an exception. Tougher times lie ahead for the country, as...
NNPC to build 14 new hospitals in Nigeria
The Nigerian Petroleum Corporation (NNPC), is giving back to the nation's health sector, by proposing to build 14 new medical facilities around the country....
Institute talks about decline in remittance to $1.01bn
The Centre for the Study of Economics (CSEA), which is a knowledge-based institute, has said that the total direct remittances inflow into Nigeria, has...
Nigeria can still take loans, says Adesina
The Nigerian government, over the weekend, said there was nothing wrong with taking loans, in order to mobilise specific projects that would be beneficial...
Crude Oil Revenue in Nigeria affected by COVID-19
Nigeria has been predicted to possibly be heading towards its worst recession in 2020, by the International Monetary Fund (IMF).
These predictions and fears are...