Friday, 29th March 2024
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economy

29 Feb
President of the Manufacturers Association of Nigeria (MAN), Francis Meshioye, has lamented the state of the economy, which he said is in a dire state and urged the government and policymakers to be intentional about growing the manufacturing sector.
27 Feb
Amid unfavourable economic conditions in the country, Oyo State Governor, Seyi Makinde, yesterday, urged Nigerians, especially residents of the state, not to give up but to look at opportunities anytime there is a challenge, saying that opportunities always come up with challenges.
27 Feb
Convener of Concerned Nigerians, Deji Adeyanju, has urged the Minister of Finance and Coordinating Minister for the Economy, Wale Edun, to stop laying too much emphasis on direct cash transfer to vulnerable Nigerians, but to rescue the plummeting economy.
20 Feb
Community Association for Grassroots Transformation (CAGRAT) has called on President Bola Tinubu to make the on-going fight against corruption more potent and inclusive.
19 Feb
Phrank Shaibu, spokesperson for former Vice President Atiku Abubakar, has ignited a firestorm by accusing the Nigerian government of secretly reinstating petrol subsidies. This accusation, coupled with the government's deafening silence on the matter, has raised concerns about financial mismanagement and potential corruption. Shaibu's alarm bells, according to various reports, began ringing after reports emerged…
15 Feb
In the heart of Africa, a cultural and economic revolution is quietly unfolding within the seams of the fashion industry. In the vibrant tapestry of Nigeria, often overshadowed by the prominence of oil, the budding fashion sector has emerged as a beacon of untapped potential, poised to be a leading driver of economic growth in…
15 Feb
Once forecast to become the world's biggest economy, Japan slipped below Germany last year to fourth place, official data showed Thursday, although India is projected to leapfrog both later this decade. Despite growing 1.9 percent, Japan's nominal 2023 gross domestic product in dollar terms was $4.2 trillion, government data showed, compared with $4.5 trillion for…
15 Feb
Phrank Shaibu, Special Assistant on Public Communication to former Vice President Atiku Abubakar, has launched a scathing attack on President Bola Tinubu's administration, accusing its policies of pushing Nigerians deeper into poverty and hardship. In a statement released on Thursday, Shaibu painted a grim picture of the nation's economic situation, highlighting rising food prices, business…
15 Feb
Akin to a runaway chemical reaction whose kinetics and results are uncontrollable, Nigeria is contending, metaphorically, with a runaway economy, in topsy-turvy, characterised by foreign exchange volatility and attendant inflationary pressure on costs of goods and services.
14 Feb
After eight months in office, the government of President Bola Tinubu is yet to demonstrate seriousness in dealing with the critical issues of insecurity and the economy.
30 Jan
Timi Frank, a former high-ranking official in Nigeria's ruling All Progressives Congress (APC), has unleashed a fiery critique of President Bola Tinubu's leadership of the Economic Community of West African States (ECOWAS), calling it a "national disgrace" and a major factor in the recent withdrawal of three member states. Frank, who served as Deputy National…
24 Jan
TotalEnergies, in partnership with Nigerian National Petroleum Company Limited (NNPCL), has reiterated its commitment in increasing their investments in economic empowerment and infrastructural interventions.

Latest

23 mins ago
Russia fired dozens of drones and missiles at Ukraine's energy infrastructure overnight, wounding at least six people and cutting off power in several regions, officials said on Friday.
38 mins ago
The African Union on Friday congratulated anti-establishment opposition candidate Bassirou Diomaye Faye on his victory in Senegal's presidential election and hailed the "unanimous acceptance of the results".
41 mins ago
The Adamawa Police Comnand says the restriction on motorcycle movement in some parts of Yola North and South local government areas still subsists and violators will be sanctioned.
51 mins ago
The West African Examinations Council (WAEC) on Thursday tendered, before the governorship election petition tribunal sitting in Abuja, certified true copies (CTCs) of the statement of result and certificate belonging to Imo State Governor, Hope Uzodimma. The council took action in response to a subpoena issued on it by the tribunal to produce and tender…
53 mins ago
Indonesian president-elect Prabowo Subianto will visit China next week, Beijing's foreign ministry announced Friday, his first visit to a key Jakarta trade partner since his election.
58 mins ago
Former President Muhammadu Buhari has extended birthday greetings and goodwill to President Bola Tinubu, wishing him good health and long life for the country to benefit from his “excellent leadership” on his 72nd birthday. Buhari commended the President for making “sustained efforts to overcome the many problems of the country” while wishing him many happy…
1 hour ago
Spotify, a global streaming platform, says Nigeria’s Podcast listenership and gospel music streams have increased from 2022 to 2024 by 482 per cent and 1228 per cent respectively. Phiona Okumu, Spotify’s Head of Music, Sub-Saharan Africa, who disclosed this in a statement on Friday, said this was in celebration of Easter. Okumu said “the growth…
1 hour ago
Traders in Ochange and landlords of the neighbourhood Fegge, the headquarters of Onitsha South Local Council Area of Anambra State have warned desperate politicians to stop discrediting the good work of the State Governor, Prof. Chukwuma Soludo. The protest is a follow-up to a viral video that claimed that a portion of a road constructed…
1 hour ago
President Bola Tinubu on Friday commended Nigerians for their sacrifices in the past few months for the nation to be steered to the path of recovery and sustainable growth. Tinubu said this in a statement by his Spokesperson, Ajuri Ngelale, to celebrate Easter. He assured Nigerians that the seeds of patience that they have sown…
1 hour ago
President Bola Tinubu has joined the Christian faithful to commemorate Easter, a significant moment and glorious celebration of the triumph of life over death.