Tag: Report
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World Bank cuts global growth forecast to 2.3% for 2025
Global economic growth is projected to slow to 2.3 per cent in 2025 due to mounting trade tensions and persistent policy uncertainty, according to the World Bank’s latest Global Economic Prospects report.
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INEC set to publish Edo guber candidates’ credentials Saturday
The Independent National Electoral Commission (INEC) has announced plans to publish the personal particulars of 17 governorship candidates and their deputies for the upcoming Edo State governorship election on September 21, 2024. According to INEC’s National Commissioner and Chairman, Information and Voter Education Committee, Sam Olumekun, the details will be made public on March 30,…
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Oronsaye Report: LCCI seeks a clear action plan for implementation
The Lagos Chamber of Commerce and Industry (LCCI) has called for a clear action plan for the implementation model of the Stephen Oronsaye Report. LCCI Director General, Dr Chinyere Almona, on Friday in Lagos,
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How Nigeria’s economy grew by 2.4% in Q1 – OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) has said that Nigeria’s economic growth in the first quarter of 2023 (1Q23) stood at 2.4 per cent year-on-year (y-o-y).
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CBN clarifies report on BVN expiry date
The Central Bank of Nigeria (CBN) says the Bank Verification Number (BVN) issued in Nigeria remains for life and has no expiry date, as reported by a national newspaper. Its Acting-Director, Corporate Communications, Alhaji Isa Abdulmumin, said this in a statement on Wednesday.
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Hardship in Nigeria gets worse as food prices continue to rise
The hardship in Nigeria is getting worse as the National Bureau of Statistics (NBS) has disclosed the prices of food items such as yam, rice and beef witnessed increases in February.
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Buhari receives NIPSS Report, flays corruption in Local Government system
President Muhammadu Buhari has flayed the tendency of some chief executives to encourage corruption at the local government system, thereby inhibiting development at the grassroots. The president made his feelings known at a parley with members of the Senior Executive Course (SEC) No. 44 (2022) of the National Institute for Policy and Strategic Studies, Kuru,…
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Untold hardship as prices of food continue to soar in Nigeria
The National Bureau of Statistics (NBS) has released the Selected Food Prices Watch Report for August as the hardship in Nigeria continues to bite harder.
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UBA records strong double digit growth in top and bottom lines, declares N0.20k interim dividend
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced its audited financial results for the half year ended June 30, 2022, recording double-digit growth across key income lines as well as significant progress in the contribution from its subsidiaries.
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Food prices rose in July 2022 – NBS
The National Bureau of Statistics (NBS), says prices of selected food items increased in July. It made the declaration in its Selected Food Prices Watch Report for July 2022 released in Abuja on Monday.