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FG: We’ll keep economy active through fiscal interventions

The Federal Government, yesterday, said that it had instituted fiscal measures aimed at improving revenue generation and entrenching a regime of prudence with emphasis on achieving value for money. Minister of State for Budget and National Planning, Prince Clem Agba, stated this at the National Assembly complex, during his presentation to the Senate joint Committee […]

Business

Sovereign wealth funds reveal COVID-19 impact on economy

A recent study has revealed how sovereign wealth funds (SWFs) are looking at the near-term investment environment. The report published by the International Forum of Sovereign Wealth Funds (IFSWF) and investment manager Invesco surveyed 24 SWFs at the end of June. According to 61 per cent of the survey participants, developed markets are best able […]

Business

Paucity of fund threatens Nigeria’s digital economy plan

Nigeria’s move to build a digital economy through an eight-pillar strategy faces a daunting challenge over lack of fund. This is even as government expressed worry that many young Nigerians with digital skills that could help the realisation of the plan were leaving the country in droves due to lack of support. The country’s National […]

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FG partners private sector to salvage Nigeria’s economy

Following the adverse impact of COVID-19 pandemic on the economy, the Federal Government yesterday said that in the next 12 months, it would work in close collaboration with state govern­ments and the private sector to stimulate the economy with the N2.3 trillion Economic Sustainability Plan (ESP). This the government said would prevent­ the collapse of […]

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