News

However, Nigeria’s significant infrastructure deficit poses a major threat to its economic stability, JOSEPHINE OGUNDEJI writesNigeria, once celebrated as the “Giant of Africa,” now faces a ...
The Chairman, Odua Investment Company (OIC), Chief Bimbo Ashiru, says the South-West Region has the capacity to serve as a catalyst for the rest of the country in the area of economic growth and ...
Nigeria needs to double economic growth within the next year or two from an annualized rate of 3.5% in the third quarter to lift its population out of poverty, its finance minister told Reuters on ...
I do not doubt that this act will catalyze further growth, innovation, and exploitation of Nigeria’s tech ecosystem; indeed, ample evidence of this is already visible in the ecosystem.
Resurgent Services Sector Propels Nigeria’s Economic Growth GDP grew 3.46% in the third quarter; median est was 2.86% More than half of aggregate GDP came from services sector ...
Nigeria's economic growth slowed to 3.52% in the fourth quarter from 3.98% a year earlier , as widespread flooding destroyed farms, oil production declined and industry was squeezed by rising ...
Economic experts have remained optimistic about Nigeria’s economic outlook for 2025, projecting growth rates averaging four per cent, even as they expect inflation to decrease, potentially below ...
The United Nations has said that Nigeria's rising debt, increasing inflation rate and its impact on the welfare of the citizens, puts the nation at risk of declining economic growth in 2024.
The Central Bank of Nigeria owes over N30 trillion, which resulted in debt service surpassing 100 per cent. It's injustice for anyone to blame the Tinubu administration for the current economic ...
Nigeria, China Deepen Ties With Pledge on Security, Finance and Economic Growth By Ope Adetayo and Camillus Eboh ABUJA (Reuters) - Nigeria and China plan to deepen cooperation in areas such as ...
ABUJA, July 22, 2014 – Nigeria’s short-term economic outlook has improved in 2014 and prospects for continued growth and macroeconomic stability are good in light of increased revenues to the ...