SIM registration hits 189 million-FG,…won’t lift ban yet
By Abdullahi M. Gulloma, AbujaThe federal government has no plans to lift the ban for the registration of Subscriber Identification Module (SIM) cards any time […]
Economy
Buhari: Nigeria to fully utilise gas resources to uplift economy, drive industrialisation
President Muhammadu Buhari Monday in Abuja launched “The Decade of Gas in Nigeria” with a pledge that his administration would fully utilize the enormous gas […]
WTO worried over Nigeria’s multiple exchange rate policy – Okonjo-Iweala …Says continued reliance on fossil fuel time bomb
By Abdullahi M. GullomaAbujaThe Director General of World Trade Organization, Dr. Ngozi Okonjo-Iweala, said Monday that the organisation is worried about Nigeria’s multiple exchange rate […]
Nigerian economy poised for stable growth – Finance Minister
By Abdullahi M. GullomaAbujaThe Minister of Finance, Budget and National Planning Mrs Zainab Ahmed said Wednesday that the recent exit of the economy from recession […]
Sale of national assets: Another self-destructive jamboree
The Nigerian leadership has once again embarked on a national past time of walking in the dark in ignominy. The minister of finance, Zainab Ahmed […]
Sachet Economy: How should the Nigerian government intervene?, by Timi Olubiyi
Sachets dominate the retail industry particularly the Fast-Moving Consumer Goods (FMCG) in many parts of Africa but more significantly in Nigeria where population is high […]
$3.121bn – Nigeria’s debt to China
The indebtedness of Nigeria to China has now hit $3.121 billion, being about 3.69% of its total loan stock of $84.574 billion.
Inflation may rise if looting continues- Economist
By Folasade Akpan Dr Aminu Usman, an Economist says inflation may worsen if looting continues and states are forced to shut down, especially Lagos, as […]
Finance minister warns of possible recession
By EricJames Ochigbo The Minister of Finance, Mrs Zainab Ahmed, says unless Nigeria achieves a very strong third quarter 2020 economic performance, the country can […]
Sweden’s economy less hit by pandemic
Sweden, which avoided a lockdown during the height of the Covid-19 pandemic, saw its economy shrink 8.6% in the April-to-June period from the previous three […]
COVID-19: FEC approves N2.3trn economic sustainability plan
The Federal Executive Council (FEC) Wednesday approved N2.3 trillion Nigeria Economic Sustainability Plan (NESP) as recommended by the Vice President Yemi Osinbajo-led committee. Minister of […]
Life or economy, the choice is ours
By Zainab Suleiman Okino After five weeks of half-hearted lockdown, Nigerians looked forward to this week of relaxed restriction with great expectations. People were crying of hunger, deprivation, inactivity and in […]
COVID-19: FG to open economy in phases, as public transport begins operation-SGF
The Presidential Task Force on the Control of COVID-19 has said the nation’s economy would open in phases spanning a six-week period. This was disclosed […]
Nigeria non-oil trade with UAE hits $1.5b
The volume of non-oil trade between Nigeria and the United Arab Emirates (UAE) stood at $1.5 billion (N525 billion) in 2018, UAE Ambassador to Nigeria, […]
Currency in circulation hits N2.2tr
Currency-in-circulation (CIC) has risen by 9.9 per cent to N2.2 trillion, the Central Bank of Nigeria (CBN) quarterly economic report released on Monday has shown. […]