The International Monetary Fund (IMF), says achieving Nigeria’s projected 3.1 per cent economic growth outlook for 2024 is dependent on implementation of stronger reforms. Dr Christian Ebeke, IMF Resident Representative, said this at the Lagos Chamber of Commerce and Industry…
The Minister of Finance/Coordinating Minister of the Economy, Mr Wale Edun has described the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project as critical to the industrialisation and economic growth of Nigeria. Edun stated this on Friday, during a working visit of three…
By Seun Ibiyemi Following the demand by the maritime stakeholders that the maritime sector is not fully harnessed by the government, in August 2023, President Tinubu inaugurated a dedicated Ministry of Marine and Blue Economy, signalling the pivotal steps towards…
By Abdullahi Ismaila Ahmad, Ph.D Since the assumption of Zacch Adedeji, Ph.D to office as the Executive Chairman of the Federal Inland Revenue Service (FIRS), I have followed keenly his enunciation of his principles of taxation, which, to my mind,…
The Federal Government of Nigeria and the Kingdom of Saudi Arabia have pledged to improve bilateral relations, particularly in agriculture, trade and economic opportunities. This commitment was reaffirmed during a meeting between a delegation from Saudi Arabia, led by its…
The Chartered Institute of Bankers of Nigeria (CIBN) has expressed support for the planned recapitalisation exercise for banks in the country. Ken Opara, President/Chairman of Council, CIBN, expressed this during the 2024 annual lecture of the institute on Tuesday in…
Lecturer of Economics at Pan-Atlantic University, Prof. Bright Eregha, has advised the Federal Government of Nigeria to increase its crude oil exports and harness the agricultural prospects in order to achieve economic growth beyond the projections of the International Monetary…
Minister of Information and National Orientation, Mohammed Idris, has said that the Tinubu administration is committed to implementing macroeconomic reformsaimed at curbing inflation, easing the cost of living and stabilising the foreign exchange, as part of broader objectives of boosting…
By Sodiq Adelakun The International Monetary Fund (IMF) has revised its economic growth forecast for Nigeria in 2024, lowering it to 3.0 percent from the previously projected 3.1 percent in October last year. This adjustment was highlighted in the IMF’s…
…Says inflation expected to moderate to 21.4% …Pledges to implement business-friendly measures for sustainable growth …Finance Minister applauds Tinubu on 2024 budget, says N27.5trn budget will be financed with N8trn of borrowing By Sodiq Adelakun In his first budget presentation…
