AN Economist, Dr Muda Yusuf, has emphasised the need for reforms and interventions to address some sectors of the economy […]
RTag: GDP
Access Corporation: Taking the lead with digital banking
BANKING is driven by technology. Gone are the days when banking was restricted to locations, specific time of the day […]
Ogunleye Canvasses Support for Manufacturing Sector
ROTIMI Ogunleye, Lagos State Commissioner For Commerce, Industry and Cooperatives, …
VAIDS Aims at Correcting Nigeria’s Poor Tax to GDP Ratio – Finance Minister
KEMI Adeosun, minister of Finance, has explained that the newly launched Voluntary Asset …
LCCI Predicts Further Fall in Oil Price
The Lagos Chamber of Commerce and Industry predicts a further decline in crude oil price in the international market which will negatively affect Nigeria’s economy …
Challenges Ahead of Nigerian Economy
World Bank warns that Nigeria and other oil exporting nations in the Sub-Sahara Africa should brace up for daunting economic challenges …
Nigerian Economy to Hit $1Trillion by 2025
Economic expert predicts that Nigeria’s economy will reach $1 trillion in the next 10 years …
Sub-Saharan Africa to Spend $835 Billion on Power
Sub Saharan Africa will have to spend $835 billion to provide electricity for its people by 2040 …
Rethinking Strategies for Economic Development in West Africa
Regional experts at meeting on the validation of strategy for the implementation of the West Africa Common Industrial Policy have been urged to rethink strategies for economic development in the region …
Economic Diversification and Non-oil Export Growth Back on the Front Burner
A PEACEFUL outcome of the 2015 presidential election was the desire of the generality of Nigerians and the international community. Thankfully, we got it; and more. President Goodluck Jonathan converted his loss of the election to something remarkably positive for the country and for his legacy.…
Booby Traps in 2015 Budget
The House of Representatives passes the 2015 budget on Thursday with the removal of oil subsidy, including reduction in allocation to Subsidy Reinvestment and Empowerment Programme as well the National Assembly …
Nigerians Generate 2,500 Megawatts of Back-up Power
THE Nigerian National Petroleum Corporation, NNPC, has said that Nigerian households and businesses generate 2,500 megawatts of electricity from petrol, kerosene and Automotive Gas Oil, AGO, popularly known as diesel. At a special session in the recently concluded 2015 Nigeria Oil and Gas, Conference in Abuja, David Ige, group executive director in charge of
Gains of Agriculture Transformation Agenda
The involvement of the private sector in the agriculture business has yielded billion of naira to the economy, increased the nation’s GDP as well as stemming rural-urban migration …
Nigeria Among Top 10 Economies by 2050
The PricewaterhouseCoopers is predicting that Nigeria will be among the top 10 economies in the world by 2050 if it builds strong institutions, diversify economy and sustains growth friendly policies …
Events of the Year: Economy
NIGERIA’s economy in the year 2014 had a mixed bag of the good, the bad and the ugly. In the first quarter of the year the nation was greeted with the good news that the country has rebased its gross domestic product, GDP, from 1990 to 2010, resulting in the 89 percent increase in the estimated size of …
Budget 2015 Hard on the Rich
The federal government envisages a net federally collectible revenue of N6.9 trillion in 2015. Of this, a total of N3.6 trillion is envisaged to fund the 2015 Budget, representing about 3.4 percent drop from N3.7 trillion for 2014 Budget. It has resolved to tax more luxury goods and service to generate more …
New Players in GDP Growth
– THE Nigerian Communications Commission, NCC, has expressed satisfaction in its contributions to the growth of the nation’s economy. The […]