Tag: Economy

Buhari Reveals Real Reason Behind Recession

As Nigeria slips into recession for the second time in five years, President Muhammadu Buhari, says it came about because of the severity of the global economic downturn caused by…

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Experts Reveal Factors That’ll Shape Nigeria’s Economy in 2022

A group of capital market owners has rolled out events that will shape the stock market as well as the economy in 2022. They made this known to the News…

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Corn Sellers Fuel Insecurity in Abuja — Wike

Federal Capital Territory (FCT) Minister Nyesom Wike has accused street corn sellers of fueling insecurity in Abuja. Wike, therefore, banned street trading in the nation's capital city. The Former Governor…

I Almost Cried After Changing Naira To Dollars – Davido

Popular Nigerian musician and celebrity, Davido Adeleke, popularly known as Davido, is currently upset with the high dollar rate in Nigeria.The ‘Fem’ crooner while taking to the popular micro-blogging platform,…

Experts Predict Further Depreciation of Naira

Economic experts and financial analysts have predicted a further depreciation of the naira, as well as a nearly three-percentage-point increase in the country's Gross Domestic Product in 2022. On Thursday,…

Tinubu Chairs Council of State Meeting, Jonathan, Buhari Attend

President Bola Tinubu is currently chairing the inaugural Council of State meeting at the Aso Rock Villa, Abuja, with former Presidents Goodluck Jonathan and Muhammadu Buhari in attendance.   The…

Nigeria to Host World Summit For Single Market in 2021

Nigeria will host the World Summit for Single Market in Africa on March 23, 2021. This was said by Mr Angelo Elosia, the Chairman/Chief Coordinator, Invest in Africa World Summit…

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Economy Doing Better Under Buhari Govt Than Others, Finance Minister Says

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, on Wednesday, let out that Nigeria's economy was doing well under President Muhammadu Buhari’s regime than in previous governments.…

Economy Gets N1.1trn Boost As 75 Firms, MSMES Benefit From Loans

    The Federal Government has announced a massive financial support package to reflate the economy, with 75 major companies and Micro, Small and Medium Enterprises (MSMEs) set to benefit…