The National Assembly has expressed its commitment to speedily pass the National Digital Economy and e-Governance Bill to revolutionise the economy. The Chairman, Senate Committee on ICT and Cybersecurity, Sen. Shuaib Salisu, made the commitment on Tuesday at a stakeholders’…
The Chairman of Dangote Group, Aliko Dangote, has promised that the private sector will “invest heavily” in job-creating initiatives. He added that Nigeria’s economy can be turned around “within a few months” as the “issues are not that bad.” The…
Nigeria has recorded a commercial transaction of raw gold sales at the London Bullion Market Association, the Minister of Solid Minerals Development, Dele Alake disclosed on Sunday. He said the sales have delivered a $5m increase in Nigeria’s foreign reserves,…
…Says previous administration spent $1.5bn monthly to protect Naira, relied heavily on borrowing …Nigeria ends 17 years $84.39bn petrol subsidy drain amid financial crisis …Tinubu’s economic strategy garners W’Bank support, boosts investor confidence By Sodiq Adelakun The Presidency has responded…
The Central Bank of Nigeria (CBN) is focused on achieving the ambitious goal of Nigeria’s economy attaining Gross Domestic Product (GDP) of $1 trillion by 2030 as set by President Bola Ahmed Tinubu in his Policy Advisory Council report on…
The Federal Government has restated its commitment to continue to take measures to stabilise the economy. The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun said this in Abuja at a Podcast hosted by Bruit Costaud…
…Presidency dismisses Atiku’s criticisms as unfounded, hypocritical …FG challenges former VP to provide constructive alternatives Former Vice President Atiku Abubakar has openly criticised President Bola Ahmed Tinubu’s handling of Nigeria’s economy. Atiku in his comments accused the current administration of…
By Seun Ibiyemi The Federal Government has identified the Marine and Blue Economy Ministry as one of pivotal ministries critical to achieving a one trillion dollar economy by 2026. The Executive Secretary/Chief Executive Officer (CEO), the Nigerian Shippers’ Council (NSC),…
The Minister of Finance, Wale Edun, has said that the 2024 budget signalled a new direction in the economic landscape of the country, adding that the federal government needs to move out of the way and allow private investors to…
Nigeria’s trade balance of manufactured goods has reached a deficit of N9.4 trillion in the first nine months of 2023, according to analysis of Foreign Trade Statistics reports published by the National Bureau of Statistics. The data reveals that Nigeria’s…
