$2 Billion Ibom Deep Seaport To Revitalize Economy The much anticipated $2 billion Ibom Deep Seaport project is closer to actualization, following the opening of the bid process in Lagos recently. Economic Confidential learnt that the three firms shortlisted for the bid process, Bollore & China...

How Economy Lost Single Digit Inflation Target The 18-month consecutive fall in inflation rate, had in the last two months, lost momentum in making more significant decline, as food prices, now coupled with assessed harvest failures, worsened outcome. Consequently, the nation’s inflation numbers returned to negative...

Nigerian Economy Must Grow Above 3% For Citizens To Enjoy Says Udoma The Minister of Budget and National Planning, Senator Udo Udoma, on Tuesday said that the Nigerian economy must record a growth rate of at least three per cent for the people to significantly...

Digital Economy: FG Targets $88bn Revenue   The Federal Government has a target of generating $88bn and creating three million jobs through the nation’s digital economy within a period of 10 years. It stated that it had embarked on activities to effectively grow the digital space in...

Nigeria’s Economy Attracts N8.5tn Investments In 3Years   The Nigerian economy attracted a total investment inflow of $27.9bn between July 2015 and March this year. Based on the official N305 to a dollar exchange rate of the Central Bank of Nigeria, the amount ($27.9bn) translates into about...

Intellectual Property and Nigerian Economy By Comfort Yakubu The 21st century economy is undoubtedly knowledge based. It is largely driven by a rich mental resource, as against the 20th century economy, which was mainly driven by assets, like land, mineral resources and so on. It has...