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Tags Nigerian economy

Tag: Nigerian economy

Nigeria Won’t Have Exited Recession Without Borrowing, Says Finance Minister

The Minister of Finance, Budget and National Planning, Zainab Ahmed has again defended recent borrowings by the Federal Government, insisting they were...

Citizens Are Getting Poorer Because Nigeria Is Borrowing For Wrong Reasons – Peter Obi

A former vice presidential candidate of the Peoples Democratic Party (PDP), Peter Obi says Nigerians are getting poorer because the government is...

Nigeria’s Headline Inflation Drops To 17.93%, But Food Prices Rise

Nigeria’s headline inflation dropped for the second consecutive month in May, but the prices of food have continued to surge.

Nigeria’s GDP Records 0.51% Growth In 2021 First Quarter

Nigeria’s Gross Domestic Product (GDP) has recorded a growth of 0.51 per cent (year-on-year) in real terms in the first quarter of...

Nigeria’s Inflation Rate Drops For First Time In 20 Months

Nigeria’s headline inflation has dropped for the first time in 20 consecutive months, recording an 18.12 per cent decrease in April year-on-year...

NBS Says Nigeria Out Of Recession, Records 0.11 Percent GDP Growth In Q4 2020

Nigeria is no longer in recession, official figures revealed Thursday, as the economy of Africa’s most populous country grew at the end...

Nigeria Will Exit Recession By First Quarter Of 2021 – Finance Minister

Nigeria’s Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, on Monday, said the country will exit recession by the first...

Nigeria’s Economy Slips Into Recession

The same happened in 2016, making it the second recession in a space of four years. This is according...

Nigeria’s inflation hits 14.23% — a 30-month high

All-item inflation was the highest in Sokoto, Edo, and Akwa Ibom while Oyo, Taraba, and Jigawa river recorded the slowest rise.

Restructuring: We Will Not Succumb To Pressure, Says Presidency

The Presidency on Sunday said it will not respond to comments suggesting Nigeria is on the brink of disintegration if it does...

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AIT chairman, Chief Raymond Dokpesi dies in Abuja, at 71

Raymond Dokpesi, the founder of Daar Communications Plc, died on Monday morning in Abuja. He was 71.

Bola Ahmed Tinubu delivers his Maiden Speech as the 16th President of Nigeria

Bola Ahmed Tinubu delivers his Maiden Speech as the 16th President of Nigeria. The speech highlights Nigeria's Transformation Agenda from Fuel Subsidy Reforms, Boosting electricity generation to addressing interest rate and exchange rate problems.

Nigeria’s New Hope: Can Bola Ahmed Tinubu Deliver?

Nigeria, a country with a history of economic and leadership challenges, is at a crucial juncture as it embarks on a new era. The recent election, like its predecessors, was marred by fierce contentions from opposing parties. However, on this momentous May 29th, a new hope emerges as Bola Ahmed Tinubu assumes the presidency. The key question that arises is whether he can effectively tackle Nigeria's governance and development problems within the span of a four-year presidential term.

Nigerian Chef, Hilda Baci Breaks World Cooking Record

Hilda Bassey Effiong, the 27-year-old Nigerian Chef and owner of MyFoodByHilda Restaurant, has made history by breaking the world cooking record. Her non-stop cooking marathon lasted for an impressive 100 hours, 40 minutes, surpassing the previous Guinness World Record set by Indian chef Lata Tandon in 2019. Hilda's remarkable achievement has not only captured the attention of Nigerians but also garnered global recognition.