Economic Growth: EFCC Will No Longer Shut Businesses During Investigations - Chairman Olukoyede   The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede, has said that anti-corruption fights should be premised on initiatives and modalities capable of stimulating economic growth and...

IMF Says Inflation Will Slow Nigeria’s Economic Growth to 2.9%   Inflation will slow Nigeria’s economic growth to 2.9 per cent in 2023, the International Monetary Fund (IMF) has predicted. It also downgraded the country’s economic growth prospect by 0.3 percentage points to 2.9 per cent for...

IMF's 3.2% Economic Growth Projection Not Enough For Nigeria - CBN   The Central Bank of Nigeria (CBN) has stated that the 3.2 per cent growth projection by the International Monetary Fund (IMF) is not enough considering the poverty rate which is currently standing at 31...

IMF Says Insecurity Will Slow Nigeria’s Economic Growth   The International Monetary Fund (IMF) has projected that Nigeria’s economic growth will decline in 2023 and 2024 due to security issues in the oil sector. It stated that the country’s economy would grow at 3.2 per cent in...

Paris Summit: Subsidy Removal, FX Policy Needed For Economic Growth - Tinubu President Bola Tinubu, on Thursday, in France, said Nigeria is ready to do business and receive investments from foreign partners. He premised this on the ongoing reforms such as the removal of fuel subsidy...

Africa’s GDP Growth Slowed By 65% – Report   Nigeria, Egypt, and South Africa were responsible for 65 per cent of Africa’s Gross Domestic Product slowdown, McKinsey has disclosed. The report, which was titled ‘Reimagining economic growth in Africa: Turning Diversity into Opportunity’, stated that Africa’s GDP...