Nigerian Economy Today

Nigerian states must think, plan as countries to be more financially viable - Osinbajo

Nigerian states must think, plan as countries to be more financially viable - Osinbajo

Nigerian states must think, plan as countries to be more financially viable - Osinbajo
What is the pride in accumulating external debt? Economist raises concerns over FG's external borrowing of 21.73trn

What is the pride in accumulating external debt? Economist raises concerns over FG's external borrowing of 21.73trn

A professor of Economics at the Olabisi Onabanjo University, Ago-Iwoye, Sheriffdeen Tella, on Monday described the nation’s debt stock of N21.73 trillion as worrisome and urged the federal government to stop external borrowings.

What is the pride in accumulating external debt? Economist raises concerns over FG's external borrowing of 21.73trn
Okorocha under fire as medical association outlines his ’10 mortal sins’; blasts governor for ‘mindlessly destroying’ Imo’s economy

Okorocha under fire as medical association outlines his ’10 mortal sins’; blasts governor for ‘mindlessly destroying’ Imo’s economy

Governor Rochas Okorocha has been accused of ‘mindlessly destroying’ the Imo state economy by the Association of Catholic Medical Practitioners of Nigeria, in a statement titled “The 10 Mortal Sins of Governor Rochas Okorocha."

Okorocha under fire as medical association outlines his ’10 mortal sins’; blasts governor for ‘mindlessly destroying’ Imo’s economy
Senate promises to strengthen law giving small businesses access to government contracts

Senate promises to strengthen law giving small businesses access to government contracts

NAIJ.com gathered that under the law, potential borrowers can now register assets other than land and property as collateral to secure a loan from banks.

Senate promises to strengthen law giving small businesses access to government contracts
Osinbajo, Adeosun assure Nigerians of positive changes in economy within 18 months

Osinbajo, Adeosun assure Nigerians of positive changes in economy within 18 months

The Acting President, Professor Yemi Osinbajo, has declared that there would be a positive change in Nigerian economy system between 12 and 18 months.

Osinbajo, Adeosun assure Nigerians of positive changes in economy within 18 months
GOOD NEWS: President Buhari finally moves Nigeria out of recession as economy grows stronger

GOOD NEWS: President Buhari finally moves Nigeria out of recession as economy grows stronger

President Buhari-led federal government has finally moved Nigerian economy out of recession according April Sales Managers’ Index data by World Economics.

GOOD NEWS: President Buhari finally moves Nigeria out of recession as economy grows stronger
The Economist dismisses Buhari's economic plans, says Osinbajo should retain authority to drive policy changes in Nigeria

The Economist dismisses Buhari's economic plans, says Osinbajo should retain authority to drive policy changes in Nigeria

The magazine's report which was centered on Nigeria's debt, noted that Nigeria's technocratic vice-president ran the show well while Buhari was unwell.

The Economist dismisses Buhari's economic plans, says Osinbajo should retain authority to drive policy changes in Nigeria
Agriculture grew by 4.54% and 10 other reasons why Nigeria will soon be out of recession

Agriculture grew by 4.54% and 10 other reasons why Nigeria will soon be out of recession

NAIJ.com lists 11 reasons why Nigeria is on its way out of economic recession as listed on the federal government newsletter named ''Government at Work''

Agriculture grew by 4.54% and 10 other reasons why Nigeria will soon be out of recession
Federal government run to World Bank for more loans, to start bond roadshow

Federal government run to World Bank for more loans, to start bond roadshow

Nigeria will soon meet investors before a Eurobond sale as the federal government plans to apply for a $1 billion loan from the World Bank amidst recession.

Federal government run to World Bank for more loans, to start bond roadshow
HISTORY! Young Nigerian rings closing bell at New York Stock Exchange

HISTORY! Young Nigerian rings closing bell at New York Stock Exchange

Digital media company, She Leads Africa (SLA) is now the first African startup to ring the closing bell at the popular New York Stock Exchange (NYSE).

HISTORY! Young Nigerian rings closing bell at New York Stock Exchange
Good news! First Nation Airways to resume operations September 15

Good news! First Nation Airways to resume operations September 15

The management of First Nation Airways has allayed the fears of Nigerians over rumours that it has ended its operations in the country.

Good news! First Nation Airways to resume operations September 15
Complains galore as cement price rises by 44 per cent, now N2,300 per bag

Complains galore as cement price rises by 44 per cent, now N2,300 per bag

The increase in cement price is a setback for low-income prospective homeowners who are mostly affected by the recession in Nigeria.

Complains galore as cement price rises by 44 per cent, now N2,300 per bag
5 challenges Nigeria's small businesses face daily

5 challenges Nigeria's small businesses face daily

In this piece, Abayomi Gbade Bello writes on the pains of running Nigeria's small businesses in an economy struggling to stay afloat.

5 challenges Nigeria's small businesses face daily
CBN under pressure as dollars remains scarce after naira devaluation

CBN under pressure as dollars remains scarce after naira devaluation

Nigerian businesses are struggling to get hold of foreign exchange. This is even after the CBN embarked on naira devaluation in June.

CBN under pressure as dollars remains scarce after naira devaluation
Nigeria loses N1.1trillion oil revenue due to Niger Delta militant attacks

Nigeria loses N1.1trillion oil revenue due to Niger Delta militant attacks

Nigeria has lost over N1.1 trillion in oil revenues in the last five months due to militants’ attacks on oil installations in Niger Delta.

Nigeria loses N1.1trillion oil revenue due to Niger Delta militant attacks
Again! Nigeria runs to China for $21bn loan to finance 2016 budget

Again! Nigeria runs to China for $21bn loan to finance 2016 budget

Nigeria in talks with the Chinese import-export bank China Exim Bank for a $21 billion loan to finance its 2016 budget.

Again! Nigeria runs to China for $21bn loan to finance 2016 budget
Recession: Another major investor exits Nigeria

Recession: Another major investor exits Nigeria

The company's earnings has plunged to an all-time low amid Nigeria's weakening economy and a dispute involving its local partners.

Recession: Another major investor exits Nigeria
Senators move to stop Buhari's emergency powers bill, says it will breed tyranny

Senators move to stop Buhari's emergency powers bill, says it will breed tyranny

Buhari's emergency powers bill is billed to be be sent to the National Assembly by the president upon resumption after the holidays.

Senators move to stop Buhari's emergency powers bill, says it will breed tyranny
Forget the Olympics! Here are the 5 things Nigerians are interested in [LIST]

Forget the Olympics! Here are the 5 things Nigerians are interested in [LIST]

NAIJ.com list 5 things that Nigerians are more interested in at the moment than the ongoing Rio 2016 Olympics games in Brazil.

Forget the Olympics! Here are the 5 things Nigerians are interested in [LIST]
Government policies: Dangote assures Nigeria economy will bounce back

Government policies: Dangote assures Nigeria economy will bounce back

Alhaji Aliko Dangote has assured Nigerians that no matter how bad the economy may seem, government policies will help Nigeria bounce back.

Government policies: Dangote assures Nigeria economy will bounce back
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