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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...

CBN Predicts Negative Economic Growth In Q2

CBN Predicts Negative Economic Growth In Q2   The Central Bank of Nigeria has predicted negative Gross Domestic Product growth for the country in the second quarter of 2020 owing to the COVID-19 pandemic that had affected the economy. The CBN Governor, Mr Godwin Emefiele, made the...

Nigeria Falls Short Of Economic Growth Expectation, IMF Says

Nigeria Falls Short Of Economic Growth Expectation, IMF Says   The International Monetary Fund has said oil-dependent economies, including Nigeria, continue to fare less than countries reliant on other export sectors, a pattern in place since the drop of oil prices in 2014. The IMF stated this...

SEC DG Adovocate Positive Measures To Boost Investments, Stimulate Economic Growth

SEC DG Adovocate Positive Measures To Boost Investments, Stimulate Economic Growth   Stakeholders in the capital market have been tasked to continue to take positive steps in order to attract and retain both local and foreign investments that will stimulate economic growth and develop critical infrastructure...