GDP

Current youth unemployment figure in Nigeria is estimated at about 17.1 per cent of the 206 million population. This data are estimates from the International Labour Organization, ILO, an agency of the United Nations that is saddled with…

Nigeria could sink deeper into poverty with the new heights of its unemployment rate which index stood at 35.4 points as at September 2020, according to data published by the Central Bank of Nigeria (CBN) with fear that it could rise…

Hong Kong Chief Executive Carrie Lam has postponed her annual policy address scheduled for Wednesday in order to go to Beijing for talks on how the central government can help with the financial hub’s economic recovery. Lam said she would…

I have just read the wide media coverage regarding the recommendations of the National Economic Council (NEC) as well as the Senate on the ways to reboot the economy out of the current recession. Times such as this require all brains at…

There is a story that President Muhammadu Buhari likes to tell. He has done so many times in public and private meetings. It goes thus: “After we got inaugurated into office in 2015, I asked the Governor of Central Bank for the state of…

The Monetary Policy Committee (MPC) has recommended a combination of broad-based monetary and fiscal policy measures to curb the rise in inflation and contraction in output growth. The MPC's recommendation is contained in the communique…

President of the Senate, Ahmad Ibrahim Lawan, has advocated increased budgetary allocation for the engagement of Nigerian youths, to enable them contribute meaningfully to the economy and stay away from crime. Lawan made this known while…

The National Bureau of Statistics (NBS), on Monday released Nigeria’s Gross Domestic Product (GDP), report for in the second quarter of 2020 (Q2 2020), showing 17.83 per cent contribution by the Information, Communication and Technology…

OMOTAYO ARAOYE Lagos State Governor, Babajide Sanwo-Olu, has approved N1 billion seed capital for investment in tourism a part of measures to drive a new growth in hospitality business. The governor…

BY TAYO ELEGBEDE Eni has confirmed that its exploration well, Ken Bau-2X, located in Block 114, Song Hong Basin, offshore Vietnam, has a significant hydrocarbon accumulation on the Ken Bau discovery, further expanding its…