President Muhammadu Buhari on Friday put a telephone name to his Turkish counterpart, Tecep Tayyep Erdoğan. The President expressed pleasure with present bilateral ties between the two nations and referred to as for upper...
The UK economic system may return to pre-pandemic levels by early next 12 months because the vaccine rollout results in an easing of restrictions and people become less fearful of coronavirus, the Bank of England has forecast. The Bank estimates that the economic system shrunk 10 per cent final 12 months, a stronger efficiency than it had predicted in November.
Former Minister of Education, Dr. Oby Ezekwesili, has accused the administration of President Muhammadu Buhari of killing the naira with poor economic policies since he assumed office in May 2015. Ezekwesili spoke on ARISE...
Regardless of the economy going into recession, the Federal Authorities on Monday stated that the economy did better than many global economies. Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed gave the...
Former Vice President Atiku Abubakar on Sunday urged President Muhammadu Buhari to swallow his pride and heed to the advice of others as Nigeria slips into its worst recession in 33 years. Nigeria plunged...
As expected, National Bureau of Statistics (NBS) on Saturday confirmed that Nigeria entered recession in the third quarter of 2020, after two consecutive quarters of negative growth. According to the NBS, economic performance during...
The Central Bank of Nigeria (CBN) has released guidelines for the implementation of the proposed N75 billion Nigeria Youth Investment Fund (NYIF). CBN, in an announcement by its Development Finance Department, said that the fund was a built-in strategy to effectively respond to the problem of youth employment in Nigeria. The...
The Federal Government is to spend an mixture sum of N3.85 trillion on capital projects within the 2021 price range which represents N1.15 trillion larger than the 2020 provision of N2.69 trillion. At 29 % of aggregate expenditure, the Minister of Finance, Finances and National Planning, Mrs. Zainab Ahmed, mentioned the federal government was now near its coverage goal of 30 % capital vote.
Nigeria’s public debt portfolio might reach N34 trillion, round 23 per cent of its gross domestic product, by yr finish as Africa’s largest financial system continues to rack up money owed and prepares to take a consolidated...
The Minister State for Petroleum Resources, Timipre Sylva, told newsmen in Abuja on Thursday that with liberation, the administration would fix the dying refineries in the nation to make them monetarily reasonable and create more jobs for...

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