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CBN Lowers T-Bill Rate to Below 18% to Stimulate Economic Growth

CBN Lowers T-Bill Rate to Below 18% to Stimulate Economic Growth   The Central Bank of Nigeria (CBN) has cut spot rates on Nigerian Treasury bills at the primary market auction on Wednesday in a bid to reduce its payment burden. The Apex Bank has been scaling...

Livestock Ministry Unveils Plan to Boost GDP to $74bn by 2035

Livestock Ministry Unveils Plan to Boost GDP to $74bn by 2035   The Federal Ministry of Livestock Development has set an ambitious target to significantly boost the livestock sector's economic contribution, aiming to increase its Gross Domestic Product (GDP) from $32 billion to $74 billion by...

Nigeria Needs Better Labour Policies for Economic Growth – NECA

Nigeria Needs Better Labour Policies for Economic Growth - NECA   The Nigeria Employers Consultative Association (NECA) has appealed to the government to reform and strengthen its labour policies, aiming to attract investments, foster regional trade, and ultimately achieve economic stability. The Director-General of the Nigeria Employers Consultative...

How CBN’s Youth-friendly Policies will Drive Economic Growth – Cardoso

How CBN's Youth-friendly Policies will Drive Economic Growth - Cardoso   The Central Bank of Nigeria (CBN) has pledged to develop different youth-friendly credit policies and capacity-building programs to encourage innovation and foster economic growth. At the Youth Action Event in Abuja on Friday, the CBN Governor,...

World Bank Forecasts 3.5% Economic Growth for Nigeria in 2025

World Bank Forecasts 3.5% Economic Growth for Nigeria in 2025 According to the World Bank's latest projections, Nigeria's economy is expected to experience steady growth, with a 3.5% expansion predicted for 2025, followed by a slight increase to 3.7% in 2026, indicating a positive outlook...

Maigatari Market: A Pillar of Economic Growth for Northern Nigeria, by Aliyu M. Jamil

Maigatari Market: A Pillar of Economic Growth for Northern Nigeria, by Aliyu M. Jamil   Maigatari Market is a powerhouse of economic activity that significantly contributes to the livelihoods of thousands of people in Northern Nigeria and beyond. With an annual revenue of approximately N1.5 billion (about $3.75...