Higher Oil Prices’ll Drive Nigeria’s Economy By 2.5% In 2022 – W/Bank
The World Bank has projected a 2.5 per cent economic growth for Nigeria in 2022, and 2.8 per cent in 2023.
This 2022 forecast is a slight upward review from the estimated 2.4 per...
Fed Govt Plans $100bn Nigerian-Brazil Initiative On Economy, Food Security
Vice President Yemi Osinbajo has said that the Federal Government will soon unfold the $100bn Green Imperative Nigeria-Brazil Bilateral Development Programme designed to sustain the economy through agricultural mechanisation.
He stated that the initiative would make...
Nigeria To Broaden Economy Through Multilateral Financing - Buhari
President Muhammadu Buhari has given an assurance that the Nigerian government will continue to support efforts to broaden the economy through multilateral financing.
The President, according to a release issued on Monday by his spokesman, Garba Shehu...
Increase In Crude Price To Boost Economy – Emefiele
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said the sustained increase in the price of crude oil would boost the Nigerian economy in 2022.
A statement yesterday, said the positive outlook for the...
Economy Improved Slightly In August - CBN
Economic activities improved slightly in August, compared to July, according to the Central Bank of Nigeria.
The CBN said in a report on its last Monetary Policy Committee meeting that the manufacturing and non-manufacturing Purchasing Manager’s Indices showed improvement...
Two Recessions In Four Years Stalled Our Growth - Buhari
President Muhammadu Buhari has blamed the two recessions witnessed by the country in both 2016 and 2020 for the slow pace of growth in the economy.
The President said this while giving an overview of the...
