NIMASA Pushes For Single Data Window For Faster Economic Growth The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside, has said the Agency is pushing for a single data window system for all activities in the Nigerian maritime sector. This is to...

Stocks Exchanges Collaborate For Growth, Extend Losses   The nation’s stock market extended its decline on Monday as 25 companies, led by Ikeja Hotel Plc, recorded losses at the end of trading. The market capitalisation of listed equities fell slightly to N13.315tn while the All Share Index...

IMF Increases Nigeria’s 2019 Growth Forecast To 2.3%   The International Monetary Fund (IMF) has increased Nigeria’s Gross Domestic Product (GDP) projection for 2019 to 2.3 per cent, up from the 1.9 per cent it had predicted for the country previously. The fund stated this in its...

Nigeria’s Trade Recorded N7.2tn Growth In Q1 – NBS   The country recorded an increase of N1.18tn in merchandise trade in the first quarter of this year to N7.21tn from N6.02tn in the fourth quarter of last year. The figures were contained in the Foreign Trade in...

Amid Slow Growth, Airlines Target N12.2tr Profit The International Air Transport Association (IATA) yesterday announced its expectation for airlines to achieve a collective net profit of N12.2 trillion ($33.8 billion), being 4.1per cent net margin, in 2018. IATA, the global clearing house for over 280 airlines...

Analysts Warn Against Another Recession As Economic Growth Shrinks   The National Bureau of Statistics on Monday released Nigeria’s Gross Domestic Product growth rate report with the size of the economy shrinking from 2.11 per cent in the fourth quarter of 2017 to 1.95 per cent...