Economy

Economy

Review of bilateral investment‎ treaties to ensure improved benefits for Nigeria

Harrison Edeh May 01, 2019

The Nigerian Investment Promotion Commission (NIPC) on Tuesday said its efforts to review as well as validate bilateral investment treaties...

Economy

Nigeria’s population crosses 200m mark, but 23.1% can’t find job

Okafor Endurance May 01, 2019

Nigeria’s population has now climbed to 201 million in 2019, figures compiled from the State of World Population Report released...

Economy

Bangladesh’s $33bn fabrics industry holds lessons for Nigeria’s textile dreams

Odinaka Anudu Apr 30, 2019

Nigeria’s total non-oil export earnings from more than 25 commodities in 2018 was $3.3 billion (N1.19 trillion), according to the...

Economy

Analysts got it wrong on Nigeria FX call

Lolade Akinmurele Apr 30, 2019

Months to the February 2019 general elections in Nigeria, analysts largely forecast a slowdown in foreign portfolio inflows that would...

Economy

Nigeria’s Diaspora remittances exceed oil receipts for 4yrs running

Micheal Ani Apr 30, 2019

Remittances by Nigerians in the Disapora have for the fourth year running exceeded the country’s receipts from oil. Analysts say...

Economy

Yari to incoming Governors: Prepare for another round of recession

Anthony Ailemen Apr 29, 2019

Vice President Yomi Osinbajo on Monday charged newly elected and returning Governors to Strategize on strengthening internally generated revenue, just...

Economy

Osinbajo, NGF chart the way for newly elected Governors

Anthony Ailemen Apr 29, 2019

Vice President Yomi Osinbajo is currently presiding over a strategic initiatives aimed at charting the right road map for the...

Economy

Nigeria SWF profits surge 106 percent to N46bn in 2018

Anthony Nlebem Apr 29, 2019

The  investment institution of the Federation set up to manage Nigeria’s sovereign wealth fund, has reported a 106 percent increase...

Economy

Nigerian firms Capex spend up 26% as economic activities pick up

Bala Augie Apr 29, 2019

Nigeria largest companies are spending more on the acquisition of technologies, equipment, and facilities, signalling they are upbeat that economy...

Economy

Kenya’s GDP growth of 6.3% shows what Nigeria can do with Agriculture

Oladehinde Oladipo Apr 29, 2019

GDP performance of Kenya presents Nigeria with an example of how a country can either decide to deliberately leverage its...

Economy

Manufacturing sector PMI expands by 57.7 index in April

Hope Moses-Ashike Apr 28, 2019

The manufacturing sector’s Purchasing Managers Index (PMI) expanded for the 25th consecutive time by 57.7 points in April compared to...

Economy

Senate Committee orders Apapa Trailer Park to be completed in a week

Chuka Uroko Apr 27, 2019

The Senate Committee on Works,  on Friday in Lagos,  mandated the federal ministry of works to complete  and open for...

Economy

Nigeria's private sector stands with FG on AfCFTA signing - ACCI

Harrison Edeh Apr 27, 2019

President of the Abuja Chamber of Commerce and Industry (ACCI), Adetokunbo Kayode, has assured the African Union (AU) that the...

Economy

Anambra government approves single IGR ticket for tricycle operators

Emmanuel Ndukuba Apr 27, 2019

Anambra State government has approved a single Internally Generated Revenue (IGR) ticket for tricycle operators in the state. This comes...

Economy

Government must create favourable tax policies - Elumelu

Okafor Endurance Apr 26, 2019

Chairman, Heirs Holdings and founder, Tony Elumelu Foundation, Tony Elumelu, has called for far reaching tax reforms and for the...