$3trn Needed To Bridge Infrastructural Deficit In Nigeria - Osinbajo         Vice President Yemi Osinbajo says three trillion dollars is needed to bridge the infrastructural deficit in Nigeria over the next 30 years. He said that adopting new models of investments for infrastructural development in the country...

Half Year Real GDP Stands At 12.18% - NBS         The National Bureau of Statistics (NBS) yesterday said the real Gross Domestic Product (GDP) growth rate for the first half of this year was -2.18 per cent year-on-year. It said in the first quarter (Q1) of this...

FG Approves 13 Loan Applications worth N1.08bn for Small Scale Miners The Federal Government on Tuesday announced the approval of thirteen loan applications worth N1.08billion for artisanal and small scale miners in the country. Mines and Steel Development Minister, Architect Olamilekan Adegbite disclosed this at the...

Fed Govt, CBN Point To Results In Economy Recovery Plan         At the backdrop of the slide into the second recession in five years, fiscal and monetary authorities are indicating that efforts are on all fronts to ensure early exit from the recession. While the Federal Government...

Despite COVID-19 Harsh Conditions, Banks’ Profits Rise To N677bn       Despite the economic meltdown caused by the COVID-19 pandemic, the nine months 2020 financial results of 12 commercial banks have shown that they recorded a combined profit of N677.149 billion for the period that ended on...

Real Estate Sector Contracted By 8.06% In Q3         The real estate sector of the economy contracted by 8.06 per cent in the third quarter of 2020, according to latest figures obtained from the 2020 quarter report of the National Bureau of Statistics. Part of the report...