A lecturer at the University of Agriculture, Umudike in Abia, Dr John Ihendinihu, has said that the recent rebasing of the nation’s gross domestic product would…
Category:
Economy
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The Nigerian Stock Exchange (NSE) has said that Lafarge Cement Wapco stock has joined the league of the high-priced stocks. The Exchange,…
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Nigeria got a total of $21 billion as home remittances flows from Nigerians living abroad in 2013. This puts the country as…
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Fitch Ratings, a UK based rating firm has re-affirmed Nigeria’s Long-term foreign and local currency debt repayment default (IDR) at ‘BB-‘…
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The International Monetary Fund has said that member countries must embark on government spending reforms stating that in many countries, public finances…
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BusinessEconomyNews
IMF will not fund any program with Nigeria if there are proven cases of corruption
Managing Director International Monetary Fund Mrs Christine Lagarde yesterday said that if there are proven cases of corruption against any country not…
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World Bank President, Jim Yong Kim yesterday at the ongoing IMF/World Bank Spring Meetings restated that Nigeria is one of the top…
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*Says 22-35% high interest rate threat to NIRP *IMF says rates are declining in other economies *Private sector crowded out of borrowing…
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Nigeria’s nominal Gross Domestic Product, GDP, now stands at $509.9 billion, making the nation’s economy the largest in Africa and the 26th…
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Standards Organization of Nigeria has approved Dangote 3X latest brand of Portland cement, saying it meets requirements for constructing residential and commercial…
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Director for Economic Affairs, Commission of the African Union (AU) Dr Rene N`Guettia says there is need for Africa to adopt a…
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Director-General of Debt Management Office DMO, Dr Abraham Nwankwo has said that infrastructure deficit and unimplemented policies by various countries were responsible…
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The Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, has explained why Nigeria did not sign the trade liberalisation agreement being…
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Nigeria has proposed a Bilateral Air Services Agreement (BASA) with Cuba to boost economic relations between both countries. Nigeria’s Ambassador to Cuba,…
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Federal Government has given the Federal Inland Revenue Service (FIRS) a N4.21 trillion revenue target for 2014, the Acting Executive Chairman of…