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 economy of Nigeria

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updated Sun. December 24, 2023

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By Moses Nosike. The strength of any economy is traceable to a well structured educational system. That is why developed nations like US, Britain, China, Japan etc. don't compromise with standard of education. Apart from national development, good educational system promotes personal development ...
Privatisation: Changing the face of Nigerian economy ... of the over N50billion Sunti Golden Sugar Estates in Niger State by President Muhammadu Buhari, the face of the Nigerian Economy is undoubtedly changing; courtesy of the reform and privatisation programme of the Federal Government of Nigeria.

Jonathan managed Nigerian economy better than Buhari – PDP. On April 4, 2018 6:36 pmIn News, Politics by adekunleComments. By Daud Olatunji ABEOKUTA – The Deputy National Chairman (South), Peoples Democratic Party , Elder Yemi Akinwonmi, has argued that former President Goodluck Jonathan managed the ...
The country's economic recovery plan identifies six priority sectors: agriculture, manufacturing, and solid minerals, including iron, gold and coal. Tonye Cole, co-founder and CEO of the Sahara Group, told the New Nigerian Economy panel that there are three major elements for successful diversification.
President Muhammadu Buhari on Friday expressed appreciation to foreign and local investors that agreed to commit their investment into Nigeria, aimed at boosting the country's economy. Mr Buhari, who unveiled a plaque to commemorate his visit to the Eko Atlantic City project, expressed his appreciation ...
According to IMF, the Nigerian economy “is yet to receive boost from policy implementations” that can withstand the shocks that pushed it into recession. The international finance agency was probably referring to last year's figures from the National Bureau of Statistics (NBS) that showed that the economy ...

Cole will join a panel discussion on “The New Nigerian Economy”, which is expected to focus on some of the milestones achieved by the oil-rich nation as well as the recurring challenges associated with 50 years of oil wealth dependency. Speaking ahead of the event, Cole said “The architecture for ...
Reno Omokri, former aide to ex-President Goodluck Jonathan on New Media, has reacted to the remarks by philanthropist and founder of Microsoft, Bill Gates, at the special and expanded National Economic Council, held in Abuja on Thursday. DAILY POST recalls that Mr. Gates had said that President ...
One of Africa's richest women, Mrs. Folorunso Alakija; Founder of Zenith Bank, Mr. Jim Ovia and Google's Country Manager in Nigeria, Juliet Ehimuan are among several top Nigerian executives that would brainstorm on the Nigerian economy at this year's edition of the Africa CEO Forum. A statement on ...
Simply put, a blockchain is an open-source distributed database that reduces human interference in securing, verifying and maintaining data. It is currently one of the world's hottest technologies and all of the hype around it is more from excitement of its endless potentials than its actual application. Although ...

Undoubtedly, discussions and commentaries on the Nigerian economy have in recent times become dissonant and cacophonous; indeed, some sort of 'babel', leaving the public in more bewilderment and obfuscation. As has been observed in several fora, the economy and economics are among those ...
Undoubtedly the giant of Africa – with an estimated population of 194 million people, Nigeria remains the largest mobile market in the continent – and still has more potential for growth and for competing on a level-playing ground with the developed nations. Although the economic growth of the country ...
The Managing Director of Procter and Gamble, (P&G) leading Fast Moving Consumer Goods (FMCG) Company, Mr. George Nassar has reaffirmed the company's commitment to contributing to the Nigerian economy. He made the pledge at an event to mark the 25th anniversary of the company held in ...
The recent officially released statistics by the National Bureau of statistics (NBS) in January 2018 revealed that about 7.5 million Nigerians were doing nothing between January 2016 and December 30, 2017. In fact, it further reveals that out of a total active labour force of 85.08 million people in Nigeria, ...
The IMF said in its latest World Economic Outlook Report released in Washington DC, United States at the ongoing annual World Bank/IMF Spring Meetings that the Nigerian economy would slow down in 2019 to 1.9 percent growth. It advised oil-dependent economies, including Nigeria's to intensify ...
Following its physical presence in Nigeria, social media platform, Facebook is set to support businesses run by women to unlock N19.7 billion for the country's economy, New Telegraph has learnt. The huge economic prosperity was contained in a recent study conducted by Development Economics on ...
With the recent inauguration of the over N50billion Sunti Golden Sugar Estates in Niger State by President Muhammadu Buhari, the face of the Nigerian Economy is undoubtedly changing; courtesy of the reform and privatisation programme of the Federal Government of Nigeria. Located on the banks of River Niger, ...
The oil price crash of 2014 brought about economic hardships across oil exporting regions around the globe. Nations such as Venezuela, the 7th largest net exporter of crude oil, saw a significant loss of government revenue as oil represented 45% of Venezuela budgeted revenues and 12% of its GDP.
The Managing Director of Procter and Gamble, (P&G), Mr. George Nassar has reaffirmed the company's commitment to contributing to the Nigerian economy. He made the pledge at an event to mark the 25th anniversary of the company held in Junior Secondary School, Karu, in Abuja. Nassar said, in the ...
In the previous third quarter of 2017, the Nigerian economy grew by 1.4%, and this latest figure for the fourth quarter marks the third consecutive growth since the exit from recession in the second quarter of 2017. The latest GDP figures now show the economy improving in all major sectors, including ...


 

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