Wednesday 24 May, 2017
Edition: Nigeria
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Category Archives: Economy

May 23 — Malaysia’s robust economic growth of 5.6 per cent in the first quarter of 2017 is beyond the expectations of many, said Permodalan Nasional Bhd Chairman Datuk Seri Abdul Wahid Omar. He said the government’s...

By Joseph Okafor on May 24th, 2017

  May 24,2017 5:36 AM Confidence among Japanese manufacturers receded in May for the first time in nine months after hitting a decade-high level April, a Reuters survey found, showing guarded optimism in a nascent export-led economic...

By Joseph Okafor on May 24th, 2017

May 23, 2017 The GDP growth rate in Africa slows 2.2 percent due to weak global economic growth and continued fall in commodity prices despite forecast of economic expansion by 4.3 percent in 2018. THE 52nd annual general meetings of...

By Realnewsmagazine on May 23rd, 2017

ABUJA May 23 – Nigeria sees “slow movement” towards economic recovery, a spokesman for the presidency said on Tuesday. He was referring to data showing that Africa’s biggest economy shrank by 0.52 percent in the...

By Joseph Okafor on May 23rd, 2017

April 5, 2017 (Lensng) Due to  the high rate of inflation and the recession rocking the economy, President Muhammadu Buhari has launched the Nigeria Economic Recovery and Growth Plan (ERGP) which seeks to restore the nation’s economic...

By Joseph Okafor on Apr 5th, 2017

ABUJA, March 30  – The International Monetary Fund urged Nigeria on Thursday to lift its remaining foreign exchange restrictions and scrap its system of multiple exchange rates in order to revive its economy, which is in its first...

By Joseph Okafor on Mar 30th, 2017

|By Okafor Joseph| Lensng.com|1:40 PM   Nigeria is fighting a contracting economy and surging inflation amid a rigid exchange rate environment. The African largest economy interest rate was kept unchanged at 14% in the March 20-21,...

By Joseph Okafor on Mar 29th, 2017

March 24, 2017 Pretoria — South Africa is optimistic about consolidating economic ties with Nigeria, says South African High Commissioner to Nigeria, Lulu Louis Mnguni. Addressing a trade and investment seminar in Lagos, Nigeria,...

By Joseph Okafor on Mar 24th, 2017

March 22, 2107 Former Nigerian President, Chief Olusegun Obasanjo, has advocated more investments to unlock the full potential of the country’s tourism for enhance economic prosperity. Obasanjo stated this yesterday in Lagos while addressing...

By Joseph Okafor on Mar 22nd, 2017

March 20, 2017 Desirous of ensuring monetary and fiscal collaboration in order to turn the economy around, managers of the economy from the Central Bank of Nigeria (CBN), the Ministries of Finance, Budget and National Planning, and Industry,...

By Joseph Okafor on Mar 20th, 2017