By Seun Ibiyemi Despite facing significant macroeconomic challenges in 2024, Nigeria demonstrated resilience with a 3.6% growth in Gross Domestic Product (GDP), aligning with the International Monetary Fund’s (IMF) forecast for Sub-Saharan Africa and surpassing the global average of 3.2%.…
…Shippers Council decries low technological advancement in port operations The Centre for the Promotion of Private Enterprises (CPPE) has once again criticised the National Bureau of Statistics (NBS) for its failure to provide comprehensive and essential data on the Marine…
The Managing Director/CEO of the Center for the Promotion of Private Enterprise (CPPE), Dr. Muda Yusuf has criticised Nigerian banks for prioritising profit generation through commissions and fees over their primary role of driving economic growth. Dr. Muda disclosed this…
By Esther Agbo Stakeholders in Nigeria’s economic landscape have called on the Central Bank of Nigeria (CBN) to adjust its monetary policies to provide greater support to the real sector, especially manufacturers and farmers, who face crippling challenges under the…
The Centre for the Promotion of Private Enterprise (CPPE) has stated that President Bola Ahmed Tinubu’s committee on food security has yet to impact the rising prices of food in Nigeria. Muda Yusuf, the Director of CPPE, disclosed this in…
The Centre for the Promotion of Private Enterprise, CPPE, said the Nigerian government should activate all fiscal tools to tackle inflation. Muda Yusuf, the Director of CPPE, disclosed this on Wednesday, while reacting to Nigeria’s latest headline inflation figure. However,…
…Says inflationary challenges drive endorsement of bank recapitalisation … Non-Performing loans remain below threshold, reflecting positive bank performance — CBN …Expresses concern over high interest rate spreads in Nigerian banking system By Sodiq Adelakun The Centre for the Promotion of…
…Says private sector account for over 80% of Nigeria’s GDP By Seun Ibiyemi The Centre for the Promotion of Private Enterprise, CPPE, has said that the recent comments of House of Representatives members against cement manufacturers over price hikes are…
By Seun Ibiyemi The Centre for the Promotion of Private Enterprise (CPPE), Dr. Muda Yusuf has commended President Bola Tinubu, the Coordinating Minister for the Economy, the Minister of Industry, Trade and Investment and the Minister of Interior for suspending…
…Calls for investors in real sector, oil and gas, others By Seun Ibiyemi The Chief Executive Officer, Centre for the Promotion of Private Enterprise (CPPE), Dr. Muda Yusuf has raised major concerns over the new Expatriate Employment Levy [EEL] policy.…
