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MPC Decision: Nigeria Economy In Right Direction – Tony Elumelu

MPC Decision: Nigeria Economy In Right Direction – Tony Elumelu

Following the decisions made by the Central Bank of Nigeria (CBN) at its most recent Monetary Policy Committee (MPC) meeting on February 27, Tony Elumelu, Chairman of the United Bank for Africa (UBA), has said…

Dangote Calls For Nigeria Transition To Knowledge-Based Economy

Dangote Calls For Nigeria Transition To Knowledge-Based Economy

Alhaji Aliko Dangote, the Chief Executive Officer (CEO) of the Dangote Group has called for Nigeria’s transition from a resource-based to a knowledge-based economy. Dangote made the call on Saturday while speaking at the 38th…

Peter Obi Speaks On Worsen Nigeria’s Economy

Peter Obi Speaks On Worsen Nigeria’s Economy

Peter Obi, the Presidential candidate for the Labour Party (LP) in the 2023 general elections has revealed that the Monetary Policy Committee’s recent decision to raise the Monetary Policy Rate (MPR) to 22.5% and the…

Hardship: IMF Urges Tinubu Govt To Phase Out Electricity Subsidy

Hardship: IMF Urges Tinubu Govt To Phase Out Electricity Subsidy

In a bid to cushion the effect of the hardships Nigerians have experienced in recent times due to the elimination of fuel subsidy, the International Monetary Fund (IMF) has called on the Federal Government to…

U.S. Economy Adds 199,000 Jobs In November

U.S. Economy Adds 199,000 Jobs In November

The United States (US) economy has added more jobs than anticipated in November, a sign of robustness in the American labour market that could factor into how the Federal Reserve approaches its future interest rate…

U.S. Economy Added 150,000 Jobs In October

U.S. Economy Added 150,000 Jobs In October

U.S. job growth slowed sharply in October, possibly boosting expectations that the Federal Reserve may hold off on any further interest rate hikes this year. An inside source from the Labor Department’s Bureau of Labor…

Ukraine Grain Exports Drop By 29.7% So Far 2023/24

Ukraine Grain Exports Drop By 29.7% So Far 2023/24

Data from the Ministry of Agriculture on Monday revealed that as of the middle of June in 2023–24, Ukraine’s grain exports have decreased by 29.7% to 8.3 million metric tonnes. According to the ministry’s report…

AfDB: Nigeria Needs $3trn Investment To Sustain Economic Growth

AfDB: Nigeria Needs $3trn Investment To Sustain Economic Growth

The Africa Development Bank, (AfDB) has said that Nigeria requires $ 3 trillion in infrastructure investment over the next three decades and around $165 billion in the medium term to establish a world-class infrastructure network…

Tinubu To Achieve $1trn Economy Growth By 2026, $3trn 2030

Tinubu To Achieve $1trn Economy Growth By 2026, $3trn 2030

President Bola Ahmed Tinubu has announced his administration’s willingness to grow the Nigerian economy to $1 trillion by 2026 and $3 trillion by 2030. President Tinubu who spoke on Monday during his opening remarks at the…

Nigeria’s Economy To Pick Up In 15-Month – Shettima

Nigeria’s Economy To Pick Up In 15-Month – Shettima

Vice President of the Federal Republic of  Nigeria, Kashim Shettima has urged local and foreign investors to make Nigeria their investment hub as he declares President Bola Ahmed Tinubu’s determination to provide an enabling environment…