First Bank of Nigeria Ltd. has projected steady economic growth for the nation in 2025. The bank said that this projection is due to the bold economic reforms implemented in 2024, including the removal of fuel subsidies. Chief Executive Officer (CEO), FirstBank Group, Mr Olusegun Alebiosu, stated this in...
Economy
The Chairman of Oyo State Christian Association of Nigeria (CAN), Apostle Joshua Akinyemiju, has urged the Federal Government to implement business-friendly policies to grow the nation’s economy in 2025. Akinyemiju gave the advice in his New Year message made available to the News Agency of Nigeria (NAN) in Ibadan...
By DAVID IORJA, Abuja- President Bola Tinubu has assured Nigerians of better economic output as the economy continues to expand following the newly released third quarter Gross Domestic Product report by the National Bureau of Statistics. According to the NBS, Nigeria’s GDP grew by 3.46%, compared to the 3.19% growth...
By TYAV SAM TYAV, Makurdi – Benue State Governor, Hyacinth Alia, has said that the revival of the abandoned Governor’s Cup was to stimulate local economy and as well hunt for talents across the state to feed Lobi Stars Football club among other national teams. Speaking on Sunday at...
President Bola Tinubu is determined to change the fortunes of Nigeria, regardless of the challenges confronting the country, says Vice-President Kashim Shettima. Shettima said this on Saturday in Abuja at a one-day retreat for presidential aides and heads of units in his office. According to him, the nation’s economy...
Vice-President Kashim Shettima has said the Federal Government’s ongoing efforts to strengthen the country’s trade sector is showing promising results, as Nigeria recorded N6.5 trillion trade balance in second quarter of 2024. Shettima, represented by the Secretary to the Government of the Federation (SGF), George Akume, said this at...
The Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA) has blamed the continuous depreciation of the Naira to low local production capacity of the country. The chamber made the disclosure in a statement issued by its President, Mr Odeiga Jideonwo and made available to newsmen in Enugu on...
BY ANKELI EMMANUEL, Sokoto – Chairman of Sokoto State Universal Basic Education Board (SUBEB) Umar Tambuwal has expressed concerns over how the harsh economy is taking its toll on the teaching and learning process in Nigerian schools lately. Tambuwal, who lamented that the hike in fuel has increased inflation...
The Federal Government has said it is putting sustainable mechanisms in place to build a $1 trillion economy by 2030 through financial inclusion. Deputy Chief of Staff to the President, Office of the Vice President, Sen. Ibrahim Hadejia, disclosed this on Thursday in Benin. Hadejia spoke at the 8th...
Vice President Kashim Shettima on Monday said President Bola Tinubu led government is building a resilient economy that can withstand shock. Shettima made this known in Abuja at the 30th Nigerian Economic Summit (NES30), with the theme: ”Collaborative Action for Growth, Competitiveness and Stability”. “It is also important to...
Vice-President Kashim Shettima has said the nation’s economy has started improving and it will rebounce in the coming months Shettima gave the assurances on Saturday during the launch of the Nasarawa State Human Capital Development Strategy Document & Gender Transformative Human Capital Development Policy Framework held in Lafia, the...
President Bola Tinubu has said his administration is retooling the economy through necessary reforms to serve Nigerians better and more sustainably. The President said this in his Independence Day broadcast on Tuesday. “If we do not correct the fiscal misalignments that led to the current economic downturn, our country...
President Bola Tinubu has said his administration is restoring confidence in Nigeria economy through measures aimed at reducing inflation, stabilising the foreign exchange market, and improving fiscal management. Tinubu, represented by his Vice, Kashim Shettima, gave the assurance on Tuesday at the 17th Annual Chartered Institute of Bankers of...
The Catholic Archbishop of Lagos, Most. Rev. Adewale Martins, on Saturday appealed for an end to the nationwide protests to save the economy. Martins made the plea in a statement signed by the Church’s Director of Social Communication, Rev. Fr. Anthony Godonu. He said that the prolongation of...
The Federal Government has unveiled a new financial inclusion policy aimed at transforming Nigeria into a one trillion dollar economy by 2030. According to the Presidency, the project is designed to combat poverty and catalyst sustainable economic growth from the ground up. Vice President Kashim Shettima who unveiled...
President Bola Tinubu and Vice President Kashim Shettima on Thursday met with governors of the 36 states of the Federation and ministers to deliberate on a new minimum wage for workers in the country, as well as other economic matters. The President and the governors met at the...
The Minister of State for Agriculture and Food Security, Sen. Aliyu Abdullahi, has said the livestock sector has the potential to contribute more than 11 billion dollars annually to Nigeria’s economy if properly harnessed. Abdullahi communicated this at the 3rd meeting of the Peste Des Petits Ruminants (PPR)...
Vice President Kashim Shettima on Thursday said that President Bola Tinubu had successfully secured over 20 billion dollars in investment for Nigeria. Shettima said that these investment include 14 billion dollars from India and 250 million dollars from the Netherlands, with commitments of 500 million dollars each for...
A businessman and politician, Chief Martin Onovo, has said President Bola Tinubu would write his name in gold if he is able to achieve genuine restructuring of the country. Onovo, the Head, Policy Positions, Movement for Fundamental Change (MFC), made the statement in an interview with the...
Vice President Kashim Shettima has expressed the optimism that the Nigeria’s economy would experience significant growth soon. Shettima stated this on Thursday in Abuja at the 2nd Chronicle Roundtable, organised by 21st Century Media Services, publishers of 21st Century Chronicle. The News Agency of Nigeria (NAN) reports...