Economy

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Recession: FG Rolls Out Economic Recovery Plan
Recession: FG Rolls Out Economic Recover...

Recession: FG Rolls Out Economic Recovery Plan

The Federal Government has disclosed some of the actions being undertaken to help the country recover from its current economic recession. The measures were revealed by Minister of Finance, Budget and National Planning, Zainab Ahmed during the 26th Nigerian Economic Summit. The minister said that... read more »

We Must Exit This Recession With Precision – Atiku
We Must Exit This Recession With Precisi...

We Must Exit This Recession With Precision – Atiku

It is with a very heavy heart that I received the confirmation that for the second time in five years, Nigeria has entered into another recession. Heaviness of heart, because this could have been avoided had this administration taken heed to patriotic counsel given by myself and other well meaning... read more »

Lagos Govt. Unveils N5b Recovery Fund for Entrepreneurs
Lagos Govt. Unveils N5b Recovery Fund fo...

Lagos Govt. Unveils N5b Recovery Fund for Entrepreneurs

The Lagos State Employment Trust Fund (LSETF) has unveiled a N5 billion Lagos Economic Acceleration Programme (LEAP), a post-COVID-19 recovery programme for micro, small and medium enterprises. The launching, tagged: “From Pandemic to Prosperity”, was held in Ikeja, Lagos. LSETF Executive... read more »

Commercial Banks in Ekiti Town Shut Down Over Police Withdrawal
Commercial Banks in Ekiti Town Shut Down...

Commercial Banks in Ekiti Town Shut Down Over Police Withdrawal

Commercial banks in Ikere-Ekiti, the headquarters of Ikere Council Area of Ekiti State on Tuesday shut down operations following the alleged withdrawal of service by policemen. According to a report by The Nation, financial institutions as well as Point of Terminal(POS) outlets were under lock and... read more »

WTO Postpones Meeting to Pick New WTO DG
WTO Postpones Meeting to Pick New DG

WTO Postpones Meeting to Pick New DG

The World Trade Organisation on Friday postponed a meeting where members are expected to pick a new Director-General. The postponement is coming days after the United States declined to support the favored candidate, Ngozi Okonjo-Iweala. The organization earlier announced that the meeting would... read more »

More from Economy

No Plan to Increase VAT – FG

No Plan to Increase VAT – FG

The Federal Government has debunked claims on social media that it plans to increase the Value Added Tax (VAT) and other taxes in its proposed Finance Bill. Minister of Finance, Zainab... read more »

Opinion: 5 Reasons Why President Trump won't Support Okonjo-Iweala as Next WTO Director General - Blessing Mene

Opinion: 5 Reasons Why President Trump won’t Support Okonjo-Iweala as Next WTO Direc...

This is an opinion article by Blessing Mene. People who want Okonjo-Iweala to become the next WTO Director-General mostly are excited about the prospect of the first female & African... read more »

Obasanjo Scores Buhari Low on Foreign Direct Investment, Security

Obasanjo Scores Buhari Low on Foreign Direct Investment, Security

Former President Olusegun Obasanjo has once again rated the Muhammadu Buhari administration low on intervention security and foreign direct investment, saying that a lot is desired if the... read more »

COVID-19: Nigeria’s Economy too Fragile for Fresh Lockdown —Buhari

COVID-19: Nigeria’s Economy too Fragile for Fresh Lockdown —Buhari

President Muhammadu Buhari says Nigeria’s economy is too fragile to enforce a fresh COVID-19 lockdown. He however, called on Nigerians to obey all protocols recommended by health... read more »

IMF Raises Concerns Over Effects of #EndSARS Protests on Nigeria’s Growth Projection

IMF Raises Concerns Over Effects of #EndSARS Protests on Nigeria’...

International Monetary Fund (IMF) has warned that the projected economic growth for Nigeria may not be realized on the strength of the #ENDSARS protest. The organization expressed serious concern... read more »