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Sub-Saharan Africa Growth To Hit 3.4% In 2021 — W/Bank

Sub-Saharan Africa Growth To Hit 3.4% In 2021 — W/Bank       Economic growth in Sub-Saharan Africa (SSA) is expected to rise between 2.3 percent and 3.4 percent in 2021 after contracting by 2 percent last year. Stating this yesterday, the World Bank also said that prospects for...

BOI Seeks Financial Bodies’ Support On Economic Growth

BOI Seeks Financial Bodies’ Support On Economic Growth       The Managing Director, Bank of Industry, Mr Olukayode Pitan, has called for support of other development financial bodies under the Association of Nigerian Development Finance Institutions to boost the pace of growth in the country. Pitan who is...

Low Revenues, Poor Investments, Others Threaten Nigeria’s 2021 Growth – W’Bank

Low Revenues, Poor Investments, Others Threaten Nigeria’s 2021 Growth – W'Bank       The World Bank has said that Nigeria’s growth is expected to resume by 1.1 per cent in 2021 from a contraction of 4.1 per cent in 2020. It also said the global economy would expand...

Debt Servicing Hindering Nigeria’s Economic Growth Efforts – NECA

Debt Servicing Hindering Nigeria’s Economic Growth Efforts – NECA       The Nigeria Employers’ Consultative Association has warned that the growth in Nigeria’s external debt was jeopardising the economic growth efforts of the Federal Government. The association raised this concern in a statement on Tuesday titled ‘Salvaging the...

Exploring Technology As the New Lubricant of Economic Growth

Exploring Technology As the New Lubricant of Economic Growth By Inyene Ibanga       Today, technology has become inevitable in our everyday lives. It is playing a very important role in how we live and communicate with everything around us. The reality is that the world we are...

COVID-19: We Spent N3.5trn On Economic Growth – CBN

COVID-19: We Spent N3.5trn On Economic Growth - CBN       The Central Bank of Nigeria (CBN), says it has so far made a total of N3.5trillion disbursements to cushion the effect of COVID-19 pandemic on the country’s economy. This is contained in a review of the 132nd...