Nigeria Economy

The economy of Nigeria advanced 0.1 per cent Year on Year in the fourth quarter of 2020 after a 3.6 per cent contraction in the previous period. The National Bureau of Statistics (NBS) in its Fourth quarter 2020 GDP and Full-year 2020…

The World Bank has warned that Nigeria economy could reverse the decades of growth and push the country deeper into recession if the country does not sustain the progress in current reforms and also with the right mix of policy measures.…

The Minister of Budget and National Planning, Senator Udoma Udo Udoma on Thursday in Indonesia told a global audience that the implementation of the Economic Recovery and Growth Plan (ERGP 2017 - 2020), is moving Nigeria's economy in a…

An Economist, Mr. Rasheed Yusuf, has urged the Federal Government to sustain its development of the local economy and resolve the insecurity challenges to enable Nigeria to attain the 2.3 percent growth projected by IMF. Yusuf, a former…

The International Monetary Fund (IMF) says  Nigeria’s economic outlook for 2018 remains challenging as private sector lending remains low and foreign exchange inflows are mostly short-term. IMF in a statement issued in Washington on…