Tag: Economy
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Nigerian economy now looking good – Buhari
President Muhammadu Buhari on Thursday said Nigerian economy under his watch was looking good. He, however, promised his administration’s commitment to making it better. According to a statement by his Special Adviser on Media and Publicity, Mr. Femi Adesina, the President spoke while receiving the new Ambassador of the Kingdom of Denmark to Nigeria, Mr.…
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Nigeria is strongest, most profitable economy in Africa, Kachikwu tells investors
Dr Emmanuel Kachikwu, Minister of State for Petroleum, has declared that Nigeria has the strongest economy in Africa and the most profitable investment destination in the world. Kachikwu said this in Atlanta at ‘The Nigerian Oil and Gas Core Strategic Investors’ Meeting’, aimed at presenting the investment opportunities in Nigeria’s oil and gas industry…
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What we are doing to improve security, stabilise economy – Buhari
President Muhammadu Buhari on Friday in Abuja said his administration will work harder to improve on the gains recorded in securing the country from the onslaughts of terrorists and criminals, and ensuring that Nigerians enjoy a better livelihood by stabilising the economy. The President, who received Tijjaniyya Shura Council at the Presidential Villa, said the…
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Nigeria’s economy performing badly, might decline further in 2019 – IMF
…Predicts ‘Inflation’ll rise to 13.5% in 2019’ The International Monetary Fund (IMF) on Tuesday said growth prospects in Africa are being held down by poor economic development in Nigeria, South Africa and Angola. The Breton Woods institution, which said this at the Annual General Meetings of the IMF/World Bank currently going in Bali, Indonesia, also…
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2019: Nigeria needs a president who understands economy – Obasanjo
Former President Olusegun Obasanjo on Tuesday harped on his argument that Nigeria requires a President with a sound knowledge of the economy to make a headway. This, he said, was what a former German Chancellor, the late Helmut Schmidt, who was one of his international friends, told him during a discussion about African countries. He…
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2019: I will fix Nigeria’s ailing economy in two years – David Mark
A former senate president and presidential aspirant of the Peoples Democratic Party (PDP), David Mark, has said he will revamp Nigeria’s economy within two years and also halt the intractable security challenge, if voted into office. He said this to members of the party when he visited Otukpo, Benue State as he urged delegates of…
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JUST IN: Nigeria’s economy declines as GDP shrinks from 1.95% to 1.5% in Q2
The National Bureau of Statistics (NBS) on Monday released the Gross Domestic Product (GDP) growth rate for the second quarter of this year, with the economy recording a decline in performance from 1.95 per cent in the first quarter to 1.5 per cent in the second quarter The bureau, in the report which was made…
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Eid-ul-Adha: Current economic challenges are temporary – Buhari
Presiden Muhammadu Buhari has said the current economic challenges facing Nigerians are temporary, stressing that the welfare of the people is the main thrust of the change agenda of his administration. TheNewsGuru (TNG) reports Buhari made this known on Tuesday in his Sallah message to Nigerians marking 2018 Eid el-Kabir celebrations. He urged Nigerians to…
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Gov. Obaseki: How we are repositioning economy, TVET in Edo
Edo State Governor, Mr. Godwin Obaseki, has said that the absence of a robust, well-modelled quality technical and vocational education is responsible for the frightening national unemployment figures. Governor Obaseki said this while delivering the 2018 National Alumni Lecture of the University of Ibadan Alumni Association, in Trenchard Hall, Ibadan, on Friday. Other eminent Nigerians…
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Job Creation: Obaseki assures Edo youths of preference in new economic order
Edo State Governor, Mr. Godwin Obaseki, has assured qualified youths in the state of preferential treatment in the new economic order taking shape in the state. TheNewsGuru reports Obaseki gave the assurance during the courtesy visit by the Association of Esan Professionals (AEP), at Government House, in Benin City. He said that youths sponsored by…