FG plans $1 trillion economy
The federal government has launched a new initiative to establish an operating framework for economic and financial inclusion, aiming to transform Nigeria into a $1 trillion economy by 2030. The project is
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British economy stagnated in April: official data
Britain’s economy stagnated in April after emerging from recession in the first quarter of the year, official data showed on Wednesday. The zero growth in April followed an expansion of 0.4 percent
Multinationals leaving Nigeria didn’t have liquid FX – Minister
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says the government is working on the economic and investment climate to attract more multinationals into Nigeria. Edun, who was
Currency outside banks up by 300% as economy slips into cash hoarding
Data sourced from the Central Bank of Nigeria (CBN) suggest the economy may be relapsing to cash hoarding again a year after the chronic currency scarcity even as the proportion of currency
IMF sees Nigeria’s economy grow at 3.3% in 2024, down to 3% in 2025
Nigeria’s economy is projected to grow to 3.3 per cent this year, while it may recede to 3.0 per cent in 2025. In its latest World Economic Outlook report, ‘Steady but slow:
MAN laments state of economy, wants real sector prioritised
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
Economy: Don’t give up, explore opportunities in challenges, Makinde tells Nigerians
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
Leave cash transfer, focus on rescuing sinking economy, Adeyanju tells FG
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,
Group tasks Tinubu on anti-graft war, urges Obi, Atiku to join President fix Nigeria
Community Association for Grassroots Transformation (CAGRAT) has called on President Bola Tinubu to make the on-going fight against corruption more potent and inclusive.
Atiku’s aide accuses FG of secret petrol subsidy return, alleges funds diversion
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 Nigerian Fashion Industry: Sitting on an Uncolonised Gold Mine
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