Economy

N4.2trn Debt Service: Economy in real crisis –Lawan

WITH a  debt service of N2.49 trillion in 2021, the senate yesterday, admitted the economy is in serious crisis. In his goodwill…

4 years ago

NYSC: Corps members groan over biting economy, say ‘allowee’ now useless

Members of the National Youth Service Corps, NYSC, in the Federal Capital Territory have lamented the difficulty associated with serving…

5 years ago

E-Naira adds no value to Nigeria’s economy – Expert faults FG

Following the launch of the much anticipated digital currency, e-Naira, which is the first of its kind in Africa, as…

5 years ago

Nigeria’s economy recovering but unemployment, inflation still high – IMF

The International Monetary Fund has said Nigeria’s economy is recovering gradually from the negative impact of COVID-19 but notes that…

5 years ago

Nigeria recorded 0.51% economic growth in Q1 – NBS

Nigeria recorded a marginal increase of 0.51 per cent in its economy in the first quarter of 2021, the National…

5 years ago

Nigeria’s socio-economic conditions worsened despite $3.5bn IMF loan – Report

Backs fuel subsidy removal, CBN reform policies International Monetary Fund (IMF) says despite the $3.5bn loan it gave Nigeria to…

5 years ago

Recession: Nigeria remains Africa’s fastest growing economy, says UK envoy

Nigeria is still the fastest growing economy in Africa despite entering into a second recession in five years, United Kingdom…

6 years ago

Nigeria’s economy slides into second recession in five years – NBS

Nigeria has entered its second recession in five years, according to the latest report from the National Bureau of Statistics…

6 years ago

Concerns mount as inflation rate jumps to 13.71 per cent

There are fears that the Nigerians' living conditions may not fare better in the coming months following the continued rise…

6 years ago