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Economy

Despite Of Exit From Recession, Nigeria’s Economy Still Fragile – CBN

The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday, September 26, 2017 said the 0.55 per cent Gross Domestic Product growth...

Sustainable Practices Nigeria Can Learn From China

Creativity and innovativeness can bring the furthest of world’s together to solve a common problem. Both Nigeria and China rank among the worst polluters...

Nigeria Crawls Out Of Recession With Meagre 0.55% Growth

The National Bureau of Statistics, NBS, said Nigeria has exited its worst economic recession in more than two decades, notching up growth of 0.55...

N6.3 Billion Volume Traded On Nigerian Stock Exchange

Investors on Friday, August 4, 2017 transacted 515.48 million shares valued at N6.30 billion in 4,132 deals on the floor of the Nigerian Stock Exchange,...

Economy: Nigeria’s Inflation Drops To 13-Month Low In June 2017

Nigeria’s inflation rate fell for a fifth consecutive in June even as food-price growth surged, Bloomberg reports. Inflation eased to 16.1 percent from 16.3 percent in May,...

NUPENG Raises Alarm Over Possible Collapse Of Apapa Bridge

The Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, on Monday, July 17, 2017 alerted the federal government on the possibility of collapse...

Nigerian Crude Awaiting Buyers As Global Oil Market Slows

Nigerian crude for August loading is proving slow to find buyers amid rising supply, Reuters quoting oil trading sources has reported. Reuters said the supply...

Nigeria To Come Out Of Recession In 2017 – Udoma

Nigeria will come out of the economic recession before the end of 2017, Udoma Udo Udoma, budget and national planning minister, has reassured Nigerians. He...

Indonesian Firm To Set Up Refinery In Akwa Ibom

The Nigerian National Petroleum Corporation, NNPC, said  an Indonesian firm, PT Intim Perkasa Nigeria Limited, a subsidiary of PT Intim Perkasa, Indonesia, has indicated...

Buhari Recession: 2.1 Million Nigerians Lost Their Jobs in 2016

The National Bureau of Statistics has said that the number of Nigerians who became unemployed rose by 2.1 million to 11.55 million at the...

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