NESG Urges FG to Raise GDP to $9tn  The Nigerian Economic Summit Group has advised the Federal Government to grow Nigeria’s gross domestic product to $4.5tn to $9tn in the next 28 years. Speaking at the 28th edition of the Nigerian Economic Summit themed, ‘Shared Prosperity:...

Nigeria’s Per Capita Income May Hit 40-year Low – W/Bank       The World Bank said on Monday that Nigeria’s per capita income could fall in 2020 to its lowest level in 40 years. The bank also raised concern about the debt service cost being incurred by the...

Nigeria’s Economy On Track Despite Recession – FG         The Federal Government has said that Nigeria's economy is still on track despite another recession the country entered into last Saturday. Finance, Budget and National Planning Minister, Mrs Zainab Ahmed stated this at the start of the 26th...

Financial Experts Seek Review Of New CAMA         Some financial experts have called for the amendment of some sections of the new Company and Allied Matters Act as a precondition for the revival of the Nigerian Capital Market. They made the call on Wednesday at the beginning...

Economy To Shrink By 5.2% In 2020, Says NESG       The Nigerian Economic Summit Group (NESG) has said the economy will shrink by 5.2 percent this year. It called for effective implementation of palliative measures designed to mitigate the effects of COVID-19 on the economy. The NESG board...