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Friday, April 19, 2024
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CATEGORY

Economy

Tinubu Inherited Bad Economy, Kicks Against Borrowing- Wale Edun

The minister of finance and coordinating minister of the economy, Wale Edun, says the federal government has no intention to borrow from any local...

President Tinubu Presides Over FEC Meeting

President Bola Tinubu is currently presiding over the first Federal Executive Council (FEC) meeting of the present administration. The meeting is taking place at the...

PDP: Over 150 Million Nigerians Poorer Under Tinubu

The Peoples Democratic Party (PDP) says the economic policies of President Bola Tinubu are creating disconnection between the federal government and has made Nigerians...

Citigroup Says Nigeria to See Foreign Investment Flows From Naira Devaluation

Nigeria could see greater foreign investment flows in the wake of sharp declines this year of its currency the Naira, according to Citigroup Inc. “Countries...

President Tinubu Says Servicing Nigeria’s Debt With 90% Of Revenue Not Sustainable

President Bola Tinubu says servicing Nigeria’s external debt with 90 percent of the country’s revenue is not sustainable. Tinubu made the comment on Sunday in...

Nigeria Losing $7.2m Monthly To Illegal Crude Oil Connection- NNPCL

The Nigerian National Petroleum Company Limited (NNPCL), said the country loses an average of $7.2 million monthly from illegal crude oil connections. The oil firm...

Analysts Kick On Nigeria’s 4.1% Unemployment Rate

Nigeria’s unemployment rate dropped to 4.1% in the first quarter of 2023 from 5.3% in the fourth of 2022, according to National Bureau of...

Nigeria’s GDP Expands 2.5% in Second Quarter as Oil Sector Shrinks

Nigeria’s gross domestic product (GDP) expanded at a slower-than-expected pace in the second quarter (Q2) after the oil sector contracted for a 13th straight...

BRICS Summit: Nigeria Targets Partnerships Through Economic Reforms, Diplomatic Alliances

Nigeria’s Vice President, Kashim Shettima says President Bola Ahmed Tinubu’s economic reforms and diplomatic alliances are intended to attract investments and partnerships to the...

VP Shettima Restates Nigeria’s Commitment To Partner With China

Nigeria’s Vice President, Kashim Shettima has restated Nigeria’s commitment to collaborate with China and other African countries as this would ensure that the partnership...

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