International Monetary Fund (IMF) yesterday announced a downward review of its growth forecast for Nigeria’s economy to 2.0 percent for 2019 citing decline in crude oil prices.
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Nigeria’s economy
Why Nigeria’s economy won’t improve until after 2019, by Kenny Martins
Perpetua Egesimba Grand Patron of the Legacy Initiative International (LII), a non-governmental organisation, Dr. Kenny Martins, has given reasons why Nigeria’s economy would not improve until after the 2019 general elections, when next set of leadership emerges. Speaking during a press conference organised by LII, in Lagos, on Tuesday, Martins stated that President Muhammadu Buhari […]
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Nigeria’s economy to grow at 3% next year, says minister
Nigeria’s economy is expected to grow by two per cent this year and by three per cent next year, Minister of Budget Udoma Udo Udoma said yesterday. The World Bank expects growth at slightly less than two per cent this year, while the Central Bank of Nigeria (CBN) predicts that the economy will grow 1.75Read More …
What Obi told EU, WEF delegations about 2019 election, Nigeria’s economy
The vice presidential candidate of the People’s Democratic Party (PDP), Peter Obi, on Wednesday in Abuja met separately with delegations from the European Union (EU) and the World Economic Forum (WEF). He discussed the need for free and fair elections in 2019 as well as Nigeria’s economy. A statement released by the Atiku campaign office […]
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PZ Wilmar to grow Nigeria’s economy
Food industry firm, PZ Wilmar, has stated its commitment to grow the Nigerian market and contribute to the growth of the economy. Its Category Marketing Manager, Chioma Mbanugo, said the firm will continue to provide Nigerians with healthy and tasty cooking options at affordable prices. Speaking during the unveiling of the firm’s new seasoning productsRead More …
‘Nuclear energy will boost Nigeria’s economy’
The International Atomic Energy Agency (IAEA) said Nigeria’s economy will develop on completion of its nuclear energy power plant, which will provide at least 4,000 megawatts (Mw) in the country. The firm, based in United States, in a study said Nuclear Energy Plant (NPP), which will be located in the eastern and other parts ofRead More …
ERGP keeping Nigeria’s economy on track, says minister
The Minister of Budget and National Planning, Udoma Udo Udoma has said the implementation of the Economic Recovery and Growth Plan (ERGP), is improving state of the economy. In a statement, Udoma, who was speaking at the presentation of the International Monetary Fund (IMF) Regional Economic Outlook Report for Sub-Africa, said actions taken since theRead More …