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Nigeria’s Economy Will Decline By 3.4% – IMF

Nigeria’s Economy Will Decline By 3.4% - IMF     The International Monetary Fund on Tuesday said the recession caused by the COVID-19 pandemic would be the worst economic downturn witnessed since the Great Depression. According to the IMF, Nigeria’s economy will contract by 3.4 per cent in...

Nigeria’s Economy Already Fragile Before COVID-19 Pandemic – Minister

Nigeria’s Economy Already Fragile Before COVID-19 Pandemic – Minister   The Minister of Finance, Budget and National Planning, Zainab Ahmed has said that prior to the outbreak of the coronavirus pandemic, the Nigerian economy was already fragile. She said this in a statement issued by her Special...

Dangote Fertilizer, Change maker for Agriculture, Economy’ 

Dangote Fertilizer, Change maker for Agriculture, Economy’  The President/CE, Dangote Group, Aliko Dangote has said the $2bn Fertilizer plant in Lekki, Lagos State, soon to come on stream, is a change maker for the agricultural sector in particular, and Nigeria's economy in general. He said...

South Africa Enters Recession, Again Nigeria Emerges Africa’s Biggest Economy

South Africa Enters Recession, Again Nigeria Emerges Africa’s Biggest Economy   Nigeria has overtaken South Africa as the biggest economy in Africa as the latter enters its second recession in two years. South Africa’s Gross Domestic Product shrank by 1.4 per cent in the fourth quarter of...

Nigeria’s Economy Still Very Fragile, Says NESG

Nigeria’s Economy Still Very Fragile, Says NESG   The Nigerian Economic Summit Group has said the nation’s economy, which is on the path of recovery, remains very fragile. The Board of Directors of the NESG, in its first meeting in 2020, reviewed the global and domestic economic...

Revitalizing The Economy via Finance Bill

Revitalizing The Economy via Finance Bill By Rahma Olamide Oladosu   The Finance Bill, which has now become an Act of the National Assembly has come to stay. According to the Minister of Finance, Budget and National Planning, Zainab Ahmed, the Act is crucial to the growth...