Economy

Economy

Uzodimma signs N108.3 billion revised budget

businessday Jul 29, 2020

Senator Hope Uzodimma, Governor of Imo State has signed into law the 2020 revised budget of one hundred and eight...

Economy

FG advocates public partnership in driving economic development as recession looms

Cynthia Egboboh Jul 29, 2020

The Minister of State for Budget and National Planning, Clem Ikanade Agba has stressed on the need for public partnership...

Economy

Benue Governor signs 2020 revised budget of N108bn

Benjamin Agesan Jul 29, 2020

Governor Samuel Ortom today signed into law, the revised appropriation bill of N108.8 billion for the year 2020. The revised...

Economy

Plateau Governor signs revised 2020 budget into law

Benjamin Agesan Jul 29, 2020

Plateau State Governor Simon Bako Lalong has signed into law the revised 2020 Appropriation Bill into law. The 2020 Budget...

Economy

ECOWAS institutions embrace AfCFTA for better implementation

Innocent Odoh Jul 28, 2020

The Economic Community of West African States (ECOWAS) has mobilised its institutions and specialised agencies to improve its understanding of...

Economy

Reps summon Amaechi, Ahmed, Pantami over $500m Chinese loan for railway projects

James Kwen Jul 28, 2020

The House of Representatives has summoned the Minister of Transportation, Rotimi Ameachi; Minister of Finance, Zainab Ahmed; and Minister of...

Economy

Nigeria targets $675m annually from tax, royalties, FX accruals from gold mining

Harrison Edeh Jul 28, 2020

The Nigerian government on Tuesday expressed optimism that the Presidential Artisanal Gold Mining Initiative could help it realise on a...

Economy

Ahmed expects Nigeria to exit recession Q1, 2021 with 0.5% GDP contraction

Patrick Atuanya Jul 28, 2020

Finance Minister Zainab Ahmed said she expects Nigeria to exit a shallow recession sparked by the coronavirus pandemic by the...

Economy

Oyo gives tax reliefs to private, corporate businesses

Remi Feyisipo Jul 27, 2020

To further cushion the effect of the ravaging Covid-19 pandemic on the economy, Oyo State government on Monday, announced tax...

Economy

Lagos Island residents to pay more for basic items on 3rd Mainland Bridge closure

Bunmi Bailey Jul 27, 2020

Prices of food and other essential items might trend higher in the near term in the Lagos Island area of...

Economy

FG sets eye on new source of forex with Presidential gold mining initiative

Harrison Edeh Jul 24, 2020

Federal government has set its eyes on opportunities offered by goldmine through a Presidential Artisanal Gold mining development Initiative, a...

Economy

How NEPC is driving economic revival through 'zero oil plan'-Awolowo

Harrison Edeh Jul 24, 2020

As the federal government intensifies efforts to rescue the economy from the concerns of the coronavirus pandemic, Olusegun Awolowo,the Executive...

Economy

Nigeria’s N2.3trn sustainability plan receives boost with development partners’ support

Anthony Ailemen Jul 23, 2020

Signs of positive outlook for Nigeria’s economy emerged on Thursday as international development partners threw their support behind the recently...

Economy

FG targets N18trn under Revenue Initiative, expects N3.4 trn from states

Cynthia Egboboh Jul 23, 2020

The Federal government, under its Strategic Revenue Growth Initiative (SRGI), targets to generate between N13trn and N18 trillion in revenues...

Economy

Long queues, big crowd scare shoppers away from large grocery stores

Bunmi Bailey Jul 23, 2020

To avoid long queues and big crowds, shoppers in Nigeria now prefer smaller stores located in the neighbourhood for groceries....