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Agriculture is vehicle to economy development, says Ambode, others

The Governor of Lagos State, Mr. Akinvumi Ambode, explained that the development of agriculture remains the only way to manage the economy of the...

FG calls for value addition to address trade imbalance –

The secretary of the government of the Federation, Boss Mustafa, spoke on Friday at the Forum of productive capacities and investment cooperation of Nigeria...

“Cash economy” fuels Boko Haram, ISIS

The predominance of the monetary economy is the main factor fueling the heinous activities of Boko-Haram and other terrorist groups in the Lake Chad...

The Foundation spends more than $ 190 million on economic development

The Foundation for Partnership Initiatives in the Niger Delta (PIND), a non-profit organization, has spent more than $ 190 million to stimulate economic...

Nigerian Youths Get World Bank Attention, Set To Receive N8.6bln

World Bank: About 5,916 youth across Nigerian will soon get a disbursement of N8.6 billion from the world bank in the Graduate Unemployment Youths Support Scheme.

CBN To Deploy N60 Billion Intervention Fund In Vulnerable Sector

As part of efforts to stimulate economic activities, the Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele has disclosed plan by the central bank, in collaboration with the banks to deploy part of the Agri-business, SME Investment Scheme Fund (AGSMEIS) fund to the “vulnerable sector in the next few days.”

Nigeria’s Foreign Trade Recovers With N4tr Surplus In 2017 — NBS

Driven by upsurge in exports of agricultural goods and solid minerals, Nigeria’s foreign trade recovered in 2017 with a N4 trillion trade surplus, up...

Banks’ Lending To Private Sector To Rise By 6.3%

Banking sector lending to the private sector will rise to N16.7 trillion this year, up by 6.34 percent, from N15.7 trillion recorded in 2017. Analysts...

Economy: Buhari Hails Dangote, Private Sector

Economy: Buhari Hails Dangote, Private Sector, President Muhammadu Buhari has described the role of the Dangote Group as key to his administration’s plan for...

AfDB Will Raise Nigeria’s Loan Portfolio To $8bn

The African Development Bank (AfDB) has said it plans to increase its loans to Nigeria by over $8 billion next year with investments in energy, infrastructure and agriculture. AfDB President, Akinwumi Adesina said it will grow its loan portfolio to Nigeria by more than $2 billion over the next one year.

2018: SMEs Hopeful As CBN Intensifies Intervention

CBN intervention policies, There are strong indications that the sustained and diversified intervention programmes of the Central Bank of Nigeria (CBN) would provide the...

Economic Recovery And Growth: How Far So Far?

Nigeria Economic Recovery is one of the key mandates of Federal Ministry of Budget and National Planning is to render policy advice to Federal...

Nigeria Is Exiting Recession But Economy Remains Vulnerable

Nigeria is exiting recession but its economic growth remains sluggish, the International Monetary Fund (IMF) said on Friday, after conducting a review of Africa's...

Reps Debate Bailout For Ailing Industries To Ease Unemployment

The House of Representatives on Wednesday urged the Federal Government to initiate a process of bailing out critical industries in the country, to reduce...

Banks Urged To Enhance Private Sector Credit

The President of the Chartered Institute of Bankers of Nigeria (CIBN), Prof. Segun Ajibola has advised commercial banks in the country to increase credit...

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