Nigeria economy
18 hours ago
Financial mastery serves as the bedrock for building wealth and stability for individuals. It involves a strategic approach to making logical decisions to optimise one’s resources, manage expenses, and ultimately, achieve financial goals. Every decision made within such parameters counts, from creating comprehensive budgets that align with income and expenses to sticking to savings rituals…
3 Apr
The Labour Party presidential candidate in the 2023 general election, Peter Obi, yesterday, joined observers and analysts of the Nigerian economy in proffering solutions to the nation’s “disturbing” N97.3 trillion debt profile.
23 Feb
Nigeria, like many other nations, is currently undergoing a transformative digital financial revolution that holds immense promise for financial inclusion and economic growth. However, with this surge in digital financial services comes an escalating need for robust security measures to safeguard against illicit financial activities. In this rapidly evolving landscape, the role of financial risk…
23 Feb
Nigeria's economy grew 3.46 per cent in the fourth quarter of 2023, sustaining the third consecutive expansion since President Bola Tinubu assumed office as president.
8 Feb
In the labyrinth of Nigeria's economic landscape, a pervasive wave of hardship has engulfed the nation, leaving its citizens navigating through soaring costs, diminished purchasing power, and profound lifestyle adjustments. The complex interplay of policy reforms, notably the removal of fuel subsidies and the unification of exchange rates, has ushered in a new era of…
18 Dec
Former APC Deputy National Publicity Secretary, Timi Frank, has voiced deep concern about the deteriorating socio-economic conditions during President Bola Tinubu's tenure. Frank, in a statement issued on Monday, highlighted the severe economic hardships faced by Nigerians, citing escalating poverty, salary delays, inflation surges beyond 28 percent, and the cost of living soaring. He pointed…
4 Dec
For the nation’s economy to grow steadily at sixteen per cent per annum over the next six years to attain $1 trillion economy by 2030, there is need for government to unlock the huge potentials of long term financing inherent in the capital market, as well as ensure that borrowings are tied to infrastructure bonds.…
11 Nov
Prof. Doyin Salami, former Chief Economic Adviser to the immediate past president of the country, Muhammadu Buhari, has blamed the nation’s backwardness on its handlers, saying there were no deliberate efforts about its progress. Salami, who was the guest speaker at the 2023 Sobo Sowemimo Annual Lecture with the theme, ‘Imperatives of Nigeria’s Regeneration’, held at the…
19 Sep 2023
Deputy Secretary, U.S. Department of the Treasury, Wally Adeyemo, yesterday, blamed instability of the naira, corruption, and lack of integrity for Nigeria’s financial woes, even as he proffered solutions. Adeyemo spoke, when he visited the Lagos Business School, calling among others, for unification of the country’s foreign exchange, with a view to attracting foreign investment.…
30 May 2023
I wish to congratulate you (former) Mr President for your stewardship of Nigeria for the past eight years. Thank you very much for all your strong support for me, as President of the African Development Bank Group.
29 May 2023
Findings have shown that contrary to promises by President Muhammadu Buhari and the All Progressives Congress (APC), on assumption of office in 2015 and 2019, to revamp the economy, tackle corruption, among others, not much have been achieved, few days to the end of their eight years in office.
Latest
42 mins ago
The Nigeria Customs Service (NCS) has warned the public not to fall for a video suggesting it is auctioning vehicles. NCS on Friday refuted the video with scandalous narration announcing a purported auction of vehicles. Customs issued a statement on Friday to alert the general public on the video while warning them not to fall…
2 hours ago
A man set himself on fire Friday outside the court where Donald Trump is standing trial in Manhattan, with officers rushing to extinguish the flames. Burning clothes were strewn in the park, which was locked down by authorities, while ambulances lined up nearby on standby, an AFP correspondent at the scene saw, describing a strong…
4 hours ago
Leul Gebreselassie, the second Ethiopian man to win the men's title at the Okpekpe international 10km road race, will be gunning for his first major marathon win on Sunday at the London Marathon. The London Marathon is one of the six major marathons in the world. The rest are Boston, Berlin, New York, Tokyo, and Chicago…
4 hours ago
Akwa Ibom State Government has indicated readiness to commence aggressive desilting of gutters and flood channels across the state.
4 hours ago
The Delta State Police Command has urged Point-of-Sale (POS) operators to be cautious when handling large cash transactions, particularly those involving armed individuals. It noted that customers requesting large cash transactions should be accompanied by a video by the POS operator. Police spokesperson, SP Bright Edafe, stated on Friday in a post on X, noting…
4 hours ago
Lagos State government on Friday said it has apprehended 10 fake enforcement officials around the Cele/Itire axis of the Apapa-Oshodi Expressway of the state. The apprehended persons; Ojo Oluwaseun, Rafiu Agbabiaka, Babatunde Ibrahim, Abiodun Olusegun, Daniel Olanrewaju, Aweda Kabiru, Olufowobi Michael, Olamilekan Olasupo, Bunmi James and Iyiola Shola(female) were caught carrying out unauthorised enforcement using…
4 hours ago
Mikel Arteta has urged Arsenal to prove they have the mental strength to bounce back from a painful spell that wrecked their Champions League challenge and dented their Premier League title bid.
5 hours ago
Pep Guardiola has revealed Erling Haaland could miss Manchester City's FA Cup semi-final against Chelsea at Wembley on Saturday.
5 hours ago
The WHO announced Friday it had approved a new, simpler version of an existing oral cholera vaccine, which should help increase the number of available doses as global cases surge.
5 hours ago
The Registrar, Joint Admission and Matriculation Board (JAMB), Prof. Is-haq Oloyede has monitored the ongoing Unified Tertiary Matriculation Examination (UTME) exercise in Abuja. Prof. Oloyede who monitored the exercise at the Kogo Computer Based Tests (CBT) Centre in Bwari Area Council of Abuja, expressed satisfaction with the process. He reiterated the examination body's earlier order…