Economy & Investments

Nigeria’s Economy Will Recover By 2022 - Internati

Saturday, December 12, 2020
The International Monetary Fund (IMF) on Friday said Nigeria rsquo;s output would recover to its pre-pandemic level in the next two years. It said this was part of the conclusion of an IMF staff team led by Jesmin Rahman after conducting a virtual mission from October 30 to November 17, 2020, in ...

Recession will be short-lived, Finance Minister Assure Nigerians

Tuesday, November 24, 2020
The current recession, which the Nigerian economy recently slid into, will be short-lived, the Minister of Finance, Budget and National Planning, Zainab Ahmed, has said. Ahmed said this on Monday at the ongoing 26th Nigerian Economic Summit organised by the Nigerian Economic Summit Group (NESG) a ...

Poor Management Of The Economy Led To Recession - PDP

Monday, November 23, 2020
The Peoples Democratic Party has advised President Muhammadu Buhari to permit a free market economy that will allow Nigerians actively participate in the economic space to boost productive sectors. Kola Ologbondiyan, PDP rsquo;s National Publicity Secretary, in a statement in Abuja on Sunday said ...

Nigeria’s economy slips into another recession In 4nYears

Sunday, November 22, 2020
The National Bureau of Statistics (NBS) confirmed yesterday that Nigeria rsquo;s economy has slipped into another recession for the second time since 2016. The current recession is the worst to hit Nigeria in 33 years. The NBS made the confirmation in a new report released on Saturday. Accordi ...

Export Policy Brief, November 2020: Assessment Of Nigeria Export Expansion Grant

Sunday, November 8, 2020
1. Background 1. The Export Expansion Grant (EEG) scheme is one of the numerous government programmes that aim to increase the volume and competitiveness of Nigeria non-oil export through incentives granted to exporters. The scheme is synonymous to export market development grants used by va ...

As Anambra Smart City Births At Nkwell-ezunaka

Tuesday, September 8, 2020
From all indications, Anambra 39;s first smart city is a success story right from conception and execution. Sired on Governor Obiano 39;s Aku Luo un ograve; policy and dream of a 21st century town with state of the art and eco-friendly infrastructure. The Anambra Luxury Place Estate was predicated ...

Anambra State Exported 121 Tonnes Of Agro Products In 12 Months

Thursday, September 3, 2020
Anambra State exported 121 metric tonnes of vegetables, snail and Africa oil bean (ukpaka) in the past 12 months. State Commissioner for Agriculture, Mr Nonamdi Onukwuba made the disclosure at a media interface at the State Secretariat Awka. Onukwuba stated that the food export programme of th ...

Heritage Bank to stimulate economic growth with youth empowerment schemes

Tuesday, September 1, 2020
As part of its further response to deal with the global economic challenge occasioned by COVID-19, Heritage Bank Plc has reiterated commitment to deepen its support to young entrepreneurs in Nigeria to grow their businesses either as start-ups or prospective business owners. This, the bank said, is ...

Nigeria May Side Into Recession If..........Minister of Finance, Budget and Nati

Friday, August 14, 2020
The Minister of Finance, Budget and National Planning, Zainab Ahmed, says unless Nigeria achieves a very strong third quarter 2020 economic performance, the country can slide into recession. Ahmed issued the warning at the opening of a five-day interactive session on the 2021-2023 Medium Term Exp ...

Ebonyi Provides Conducive Environment For Business To Thrive.

Tuesday, August 11, 2020
Ebonyi state government has reiterated its commitment towards providing adequate security and conducive environment for all sorts of business to thrive in the state. Commissioner for Business Development, Dr Stephen Odo made this remarks in an interactive session with newsmen in Abakaliki, Ebonyi ...
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