The Nigerian economy has slowed for the second consecutive quarter this year, indicating the nation may soon be heading for another economic recession. According to the...
The Statistician-General of the National Bureau of Statistics (NBS), Yemi Kale, said the clashes between farmers and herdsmen slowed down the rate of growth in Nigeria’s...
The World Bank said it is making plans to increase its funding to Nigeria by $4.5 billion over the next three years. The Vice President of...
The Debt Management Office (DMO) said the government would not be able to borrow more than $6.25 billion (N1.91 trillion) in the 2018 fiscal year, even...
The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) may consider lowering its main lending rate for the first time in almost two years, as...
The African Development Bank (AfDB) has released a summary of its economic outlook for all regions of Africa. The summary follows publication of an expanded version...
Ahead of the presentation of the 2018 budget estimates by Governor Akinwunmi Ambode, the Lagos State government has commenced computation of its N30trillion Gross Domestic Product,...
Acting President Yemi Osinbajo, says Niger State, with its rich agricultural potentials and resources should develop the capacity to feed both the country and about half...
Nigerian equities regained their uptrend on Tuesday as investors continued bargain-hunting for value stocks. After breaking a four-day consecutive rally with a loss of N12 billion...
Med-View Airlines Plc on Tuesday listed its shares on the Nigerian Stock Exchange (NSE), returning the airlines to the stock market after two previous quoted airlines-Al...
By Atedo Peterside As part of their 14th Daily Trust Dialogue, the management of Daily Trust requested a presentation from me on “BEYOND RECESSION: TOWARDS A...
The World Bank is optimistic that Nigeria may exit economic recession this year, 2017. The bank however stated that it is not yet ready to grant...
Nigerian equities closed 2016 with a net capital loss of N604 billion in spite of a strong last-month rally in December that saw equities rallying N558...
On Wednesday August 31, the National Bureau of Statistics (NBS) released official Gross Domestic Product (GDP) figures for the second quarter of 2016, confirming that the...
Despite government promise, Nigeria has been recording a sharp decline in revenue from the non oil sector between the first and second quarters of 2016. Reports from a nongovernmental organisation, Intelligence Watch, at the weekend said about $1.02billion revenue-loss was...
The United Nations, UN, has painted a gloomy picture of Nigeria in a recently released report, saying the country is one of the poorest and most...
The Minister of Finance, Kemi Adeosun, has voiced what may be the official position of the Federal Government over the current economic crisis the nation is...
After the much celebrated declaration of the Nigerian economy as the largest in Africa and 26th in the world, South Africa has pushed the country back,...
The International Monetary Fund, IMF, has painted a further grim picture for the Nigerian economy, saying it will contract in 2016. This, the fund said is...
The inability of the country’s insurance sector to live up to expectations costs the country at least 70, 000 jobs that would have been available every...
The Federal Government, Wednesday, said it has resolved to adopt more of external borrowing so as to achieve its aim of stimulating the economy and providing...
There are indications that the Federal government has opted to reduce total budgetary spending on 2016 capital expenditure by half, as it envisages that the budget...
The National Bureau of Statistics, NBS, has released a grim report on Nigeria’s economy, as its Q1 2016 report showed that the nation’s real Gross Domestic...
The Debt Management Office (DMO), which oversees Federal Government’s debt issuance programme, has estimated that Nigeria needs $25 billion, about N4.9 trillion, annually for the next...
Minister of Solid Minerals Development, Kayode Fayemi, on Thursday said mining and related services contribute only N400 billion to the Gross Domestic Product (GDP) and should...
The Gross Domestic Product, GDP of Nigeria declined to 2.11% in the fourth quarter of 2015 as against 2.84% in the third quarter, the National Bureau...
International Credit Rating Agency, Moody’s says there may be no major difference between the policy actions taken by the current administration to tackle the impact of...
Former Governor of the Central Bank of Nigeria, Chukwuma Soludo, has released a third article, where he dissected the economic policies of the ruling government, and...
