NLC, TUC suspend nationwide industrial action for 2 weeks
NLC, TUC suspend nationwide industrial action for 2 weeks...
Lagos, 7th Fastest Growing City Globally, Nigeria’s Highest IGR – NIPC
The Nigerian Investment Promotion Commission (NIPC) says Lagos state is the seventh fastest growing city in the world, with highest Gross Domestic Product (GDP) and Internally Generated Revenue (IGR) in Nigeria.
Insurance Companies pay N9bn of Possible N20bn EndSARS Claims
Insurance companies will eventually pay about N20 billion in compensations to losses recorded at the October 2020 EndSARS protests.
Group Commends FG on Economic Recovery
Group Commends FG on Economic Recovery
The Network for Democracy and Development (NDD), a Civil Society Organisation, has...
Nigeria Customs Service Generates N466.1 billion in Q1
The Nigeria Customs Service (NCS) has generated N466.1 billion revenue in the first quarter of financial year 2021 after cold performance in 2020 due to virus-induced stress on the economy.
Oil bounces back but recovery stunted by European lockdowns, U.S. stock build
Oil prices rose more than one per cent, on Wednesday, as investors sought bargains following the previous day’s slump. But the recovery was stunted by fears of a slow recovery in demand due to new pandemic lockdowns in Europe and a build in U.S. crude stocks.
Nigeria’s Inflation Rate for March Projected to Hit 18.30%
Nigeria’s headline inflation has been projected to maintain uptrend to click 18.30% for March, 2021 from 17.33% in February after 18 months consecutive rise.
Inflation Threat: Analysts Predict Policy Rate Hike
To curb the Nigerian jumpy inflation rate threat on the economy, analyst have predicted that the current dovish stance may be coming to a halt, saying the Nigerian Central Bank monetary policy committee will most likely increase benchmark interest rate in May.
CBN says Banks Remain Stable, Resilient Despite Pandemic
The Central Bank of Nigeria (CBN) says banks in the country have remained stable, robust and resilient in spite of the COVID-19 pandemic.
There is Urgent need for Africa to Diversify Economies — Adesina
President of the African Development Bank (AfFB), Dr Akinwunmi Adesina has said there is an urgent need for Africa to rapidly diversify its economies, and add value to everything that it produces.
