Nigeria free trade zones attracted over 46.6 billion dollar investments into the nation’s economy. The Managing Director, Nigeria Export Processing Zones Authority (NEPZA), Prof. Adesoji Adesugba and his counterpart from the Oil and Gas Free Zones Authority (OGFZA), Sen. Tijjani Kaura said this at the 30th anniversary of free trade zones scheme in Nigeria on […]
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The International Monetary Fund IMF, has warned against a delay in structural reforms in petroleum exporting countries where it is seriously needed. This day reports. The IMF sounded out this warning to countries like Nigeria, cautioning against holding back reforms because of the currently high oil prices. According to the report, this was disclosed by the […]
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The National Bureau of Statistics (NBS), on Monday said the economy recorded a growth of 1.40 percent in the third quarter (Q3) of 2017. This is the second time of such positive development since Nigeria exited recession in the second quarter. NBS statistics showed that the agricultural sector grew by 3.06 percent in the third […]
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The National Bureau of Statistics (NBS) says that the country’s inflation dropped to 16.25 per cent in May from 17.24 per cent in April. The NBS made this known in its “Consumer Price Index (CPI) May 2017’’ report released on Thursday in Abuja. According to the bureau, this is the fourth consecutive decline in the […]
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The Presidential Adviser on Economic Matters, Dr Adeyemi Dipeolu, has analysed the statistics released by the National Bureau of Statistics (NBS) saying it showed the economy maintained path to recovery. According to Dipeolu, it is an encouraging indication of a steady, even if slow, progressive pace. He said by the Gross Domestic Product (GDP), figure […]
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Text of a Speech delivered by Vice-President Yemi Osinbajo, at the Platform, a programme organised by the Covenant Christian Centre, Lagos on 1 May First, let me say how very honoured I am to be here again at “The Platform,” this yearly event that I make a point of attending so long as I am invited! My […]
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Speaking at the global parliamentary conference hosted on the sidelines of the World Bank and IMF spring meetings in Washington DC, Nigeria’s minister of finance, Kemi Adeosun highlighted Nigeria’s economic reform agenda and the need for strong executive and legislative collaboration. The minister also noted that the whistle-blowing policy of her ministry has been very […]
Continue ReadingThe President of the African Development Bank (AfDB), Dr Akinwunmi Adesina, on Monday in Abuja announced billions of dollars packages to address Nigeria’s economic crisis.In a statement in Abuja, Mr Femi Adesina, the Special Adviser on Media and Publicity to President Muhammadu Buhari, said the AfDB president announced the packages during a meeting with President […]
Continue ReadingFestus Akanbi, Special Adviser on Media to the Minister of Finance, Mrs Kemi Adeosun, has said the minister does not have any twitter account, and should not be linked to contents on the account that is currently trending. Akanbi, said in the statement issued on Thursday, that Adeosun’s attention had been drawn to a fake […]
Continue ReadingPresident Muhammadu Buhari on Wednesday said his administration was committed and determined to do all within its powers to achieve rapid diversification of the country’s economy in the shortest possible time. The President made this known in Abuja on Wednesday at a farewell audience with the outgoing Iranian Ambassador to Nigeria, Mr Saeed Koozechi. The […]
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