Economy

Economy

Nigeria’s COVID-19 ‘cure’ worse than disease – experts

Isaac Anyaogu May 05, 2020

The presidential task force on COVID-19 has more lawyers than epidemiologists. And although it has killed over 90 people, many...

Economy

Nigeria moved 11m people out of poverty in 10 Years - NBS

Okafor Endurance May 04, 2020

Nigeria, which has been dubbed the poverty capital of the world, moved 11m of its citizens out of poverty in...

Economy

Covid-19: FG exempts medical supplies from VAT, import duties

Iheanyi Nwachukwu May 04, 2020

The Minister of Finance, Budget and National Planning, Zainab Shamsuna Ahmed, issued a Circular dated Thursday, April 30, 2020 conveying...

Economy

40.1% of Nigerians poor, says NBS in new report

Segun Adams May 04, 2020

Four in ten Nigerians or over 82.9 million Nigerians live in poverty according to the National Bureau of Statistics (NBS)...

Economy

Nigeria faces battle from within to keep reform promises made to IMF

Lolade Akinmurele May 04, 2020

There’s no consensus within the Nigerian government on the economic reforms the country will undertake as part of promises made...

Economy

Sokoto, Taraba, Jigawa records highest poverty rate as Nigeria's poor hit 82.9 million

Micheal Ani May 04, 2020

The number of persons living below the poverty line of–$1.9 a day– in Nigeria stood at 82.9 million in 2019,...

Economy

Delta to readjust 2020 budget, to support daily income earners, agric sector

Mercy Enoch May 03, 2020

As Delta State Government  plans to readjust its 2020 budget, the state governor, Ifeanyi Okowa, has pledged to remodel priorities...

Economy

Nigeria needs data to plan for emergencies, says Sanwo-Olu

Joshua Bassey May 02, 2020

Governor of Lagos State, Babajide Sanwo-Olu, says accurate data is critical component for economic planning and good governance. Sanwo-Olu said...

Economy

Covid-19: FCTA releases guidelines on easing of lockdown in Abuja

James Kwen May 02, 2020

...bans public worship, bars, clubs, others...

Economy

Udom imposes dusk-to-dawn curfew, use of face mask now compulsory in A/Ibom

Aniefiok Udonquak May 02, 2020

  Governor Udom Emmanuel has announced a dusk-to-dawn curfew in Akwa Ibom, from 8 pm to 6am with effect from...

Economy

COVID-19 validates FG’s decision to prioritize food security - Fayemi

Isaac Anyaogu May 02, 2020

Covid-19 has shown the importance of food security and our ability to call on the national food reserves at this...

Economy

How late passage of state’s 2019 budget cost Akwa Ibom N43b World Bank grant, by Udom

Aniefiok Udonquak May 02, 2020

Governor Udom Emmanuel has said that late passage of the state’s 2019 budget cost Akwa Ibom  a N43.4bn World Bank-Assisted...

Economy

Saving livelihood key to fighting the spread of coronavirus in Africa- Soludo

Micheal Ani May 01, 2020

Ensuring that the means of livelihood are safe, this period, is a key component for the African continent in winning...

Economy

Senate clarifies approval for Buhari’s N850 loan request; says it only okayed change in source of borrowing

Solomon Ayado Apr 30, 2020

Three days of approving an N850bn loan request by President Muhammadu Buhari, the Senate on Thursday clarified is action, saying...

Economy

Glimmer of hope as world sees off an April not many want to remember

Lucky Nwanekwu Apr 30, 2020

A glimmer of hope built across Asian markets in early trading Thursday, pushing oil prices higher on prospects of a...