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W/Bank Says Nigeria, 39 Others May Not Attain Pre-COVID-19 GDP Levels By 2026

W/Bank Says Nigeria, 39 Others May Not Attain Pre-COVID-19 GDP Levels By 2026             The World Bank has said that Nigeria and 39 other countries may not return to pre-COVID-19 levels of Gross Domestic Product per capita even by 2026 despite projected rates of economic growth. It...

Nigeria, China Trade Volume Hit $20bn

Nigeria, China Trade Volume Hit $20bn             The Chinese Ambassador to Nigeria, Ambassador Cui Jianchun, has said that the trade volume between his country and Nigeria was $20bn in 2020 despite the coronavirus pandemic. During the period, the envoy explained, China’s GDP also grew to $15.7tn from...

Naira Depreciation Threatens Economy’s Outlook – LCCI

Naira Depreciation Threatens Economy’s Outlook - LCCI           The continuing depreciation of the naira is affecting business activities and threatening Nigeria’s corporate outlook with wide implications for the economy, the Lagos Chamber of Commerce and Industry (LCCI), Dr. Chinyere Aloma has said. In an interview, Almona lamented...

Air Peace/NFF Partnership: A New Dawn for Nigeria’s Sports, by Chidiebere Nwobodo

Air Peace/NFF Partnership: A New Dawn for Nigeria's Sports, by Chidiebere Nwobodo       Nigeria's sports has repeatedly suffered in the past not only as a result of inadequate funding from government but private sector seeming neglect and apathy towards investing in the nation's sports development. Sports,...

Developing a Legal Framework for Agriculture in Nigeria, by Bashir Saleh Abdu

Developing a Legal Framework for Agriculture in Nigeria, by Bashir Saleh Abdu           The Muhammdu Buhari administration came into power amidst massive celebration all over the country. With agriculture being the largest employer of labour in the country, you can safely say that the majority of...

‘Nigeria Imports $20bn Machineries, Others From Taiwan Yearly’

‘Nigeria Imports $20bn Machineries, Others From Taiwan Yearly’             Nigeria spends about $20 billion on imports of machinery, chemicals and other goods from Taiwan annually. The Economic Consular of the Taipei Trade Office in Nigeria, Chia-Jung Mai, said this on the side-line of the Taiwan Halal...