The International Monetary Fund has raised its forecast for global growth this year as expansions in the U.S. and U.K. accelerate, and urged advanced economies to...
The Federal Government is planning to seek approval from the National Assembly (N/A) to increase a planned $100 million diaspora bond. The diaspora bond is to...
The Minister of Finance, Dr Ngozi Okonjo- Iweala, said that the 2014 budget envisaged a net collectible revenue of N7.50 trillion. Okonjo-Iweala, who is the Coordinating...
The performance of the manufacturing sector of the economy has defied the various fiscal incentives introduced by the Federal Government to boost the sector. In spite...
Federal Government has presented a budget proposal of N4.6 trillion for the 2014 fiscal year to the National Assembly. The proposed budget christened ‘budget for job...
Nigeria plans a huge jump in domestic sugar production over the next six years to cut dependence on imports and satisfy growing demand from a population...
The Senate on Wednesday approved the inclusion of Lagos State Development Policy Operation II (DPO) into the proposed pipeline projects under the 2012-2014 external borrowing plan....
African Trade Ministers agreed, on Tuesday, to support the package on the table at the ongoing World Trade Organisation’s Ninth Ministerial Conference (MC9), taking place in...
The ECOWAS Commission has decried the “global trade imbalance against Africa” as the continent’s share of the global trade stood at a paltry 3 per cent....
MANUFACTURERS in the country are licking their wounds over streams of loses as a result of built up finished inventories of goods in their warehouses they...
Indications are that the measures being put in place to make Nigerians look inwards are beginning to yield dividends as imports of goods into the country...
The World Bank on Tuesday said it had earmarked more than N2 billion to tackle erosion in Imo. Mr Beniot Bosquet, the Sector Manager on Environment...
Former Chairman of Goldman Sachs Jim O’Neill has again predicted that Nigeria economy may grow by 10 per cent if the privatized power sector ends daily...
Nigeria’s economic growth GDP, rose in the third quarter as the oil industry’s contraction eased and agricultural output increased. Data released by the National Bureau of...
The Senate has approved the 2014-2016 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP), an important element for annual budget planning. The passage followed the...