Experts Express Optimism On Nigeria’s Economy   Some financial experts, on Tuesday, say the Nigerian economy is faring well despite the drop in the foreign reserve, attributing this to some economic policy failures. The experts made this observation in separate interviews with the News Agency of Nigeria...

Economy Losing Over N6.16trn From Apapa Chaos Monthly   The Nigerian economy is currently losing about N600 billion in customs revenue, estimated $10 billion (N3.06 trillion at N306.35/$1) on non-oil export and about N2.5 trillion corporate earnings across the sectors on a yearly basis, latest data...

$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...