Category: Economy

‘APM Terminals Contributes N186b Annually To Nigeria’s Economy’
May 21, 2018 No Responses

‘APM Terminals Contributes N186b Annually To Nigeria’s Economy’

An impact assessment study conducted by a Denmark-based consulting firm, Quantifying Business Impacts on Society (QBIS) has revealed that the operation of leading global port operating company, APM Terminals in Nigeria created a total turnover of around USD610 million (N186.05...
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Green Economy To Generate 24 million Jobs By 2020
May 18, 2018 No Responses

Green Economy To Generate 24 million Jobs By 2020

Twenty-four million new jobs will be created globally by 2030 if the right policies to promote a greener economy are put in place, a new ILO report says. According to World Employment and Social Outlook 2018: Greening with Jobs , action...
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Nigeria To Mobilise More Revenues For Growth, Says Adeosun
May 11, 2018 No Responses

Nigeria To Mobilise More Revenues For Growth, Says Adeosun

The Minister of Finance, Mrs. Kemi Adeosun, disclosed on Thursday that the Federal Government would mobilise more revenues to drive its growth plan for the economy.   The Minister made this known in Abuja at a meeting with a World...
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‘More Than 60 Per Cent Of Employed Population Are In The Informal Economy’
May 5, 2018 No Responses

‘More Than 60 Per Cent Of Employed Population Are In The Informal Economy’

Two billion people – more than 61 per cent of the world’s employed population – make their living in the informal economy, the ILO said in a report, stressing that a transition to the formal economy is a condition to...
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John Deere Unveils Agenda For Assembly Plant In Nigeria, Targets 10,000 Tractors
May 2, 2018 No Responses

John Deere Unveils Agenda For Assembly Plant In Nigeria, Targets 10,000 Tractors

A tractor manufacturing company, John Deer, has unfolded agenda for an assembly plant in Nigeria.    According to the company, the Assembly Plant is expected to generate jobs and produce 10,000 tractors in four years.   The company unveiled the...
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Buhari: Trade, Investment Key To Sustainable Development Among Commonwealth Nations
April 19, 2018 2 Responses

Buhari: Trade, Investment Key To Sustainable Development Among Commonwealth Nations

President Muhammadu Buhari has identified Trade and Investment Facilitation as key to sustainable development and ease of doing business and regional integration among Commonwealth countries. He also cited expanded markets with safeguards against injurious tra...
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Elumelu, Kim, Weiner To Open Forum On Digital Economy for Africa
April 18, 2018 No Responses

Elumelu, Kim, Weiner To Open Forum On Digital Economy for Africa

Chairman, Heirs Holdings and Founder, The Tony Elumelu Foundation, Tony O. Elumelu will join Jim Yong Kim, President, World Bank Group and Jeff Weiner, LinkedIn CEO at the opening debate of the ‘Digital Economy for Africa’ Forum in Washington, D.C...
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FG, States, LGs Share N647.39b
March 29, 2018 No Responses

FG, States, LGs Share N647.39b

The Easter break as the Federal, State and Local Governments shared the sum of N647.39 billion from the Federation Account.  The money was the revenue collection for the month of February 2018 which was approved at the Federation Account Allocation...
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Nigeria Saves N68b On Personnel Cost In 2017
March 22, 2018 No Responses

Nigeria Saves N68b On Personnel Cost In 2017

The Minister of Finance, Mrs. Kemi Adeosun, on Wednesday disclosed that the Federal Government saved N68 billion on personnel cost in 2017.   This brings the aggregate savings by the Government on personnel cost since 2007 to date to N288...
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FG Targets 7 % Economic Growth In Three Years
March 21, 2018 No Responses

FG Targets 7 % Economic Growth In Three Years

The Minister of Finance, Mrs. Kemi Adeosun, has described Nigeria’s economic outlook for the year 2018 and beyond as positive . She stated that the country was now resilient after exiting recession and has the potential to achieve a seven...
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Adeosun: Infrastructure Gulps N2.5tri In Three Years
March 20, 2018 No Responses

Adeosun: Infrastructure Gulps N2.5tri In Three Years

The Nigerian Government is to sustain ongoing investment in infrastructure across the country.  Speaking in Abuja on Monday, Minister of Finance, Kemi Adeosun explained that with  over N2.5trillion pumped into infrastructure in the last three years, the coun...
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Buhari To Inaugurate Food Security Council on Monday
March 17, 2018 No Responses

Buhari To Inaugurate Food Security Council on Monday

Days after he announced the intention of the Federal Government to establish a National Food Security Council, President Muhammadu Buhari has approved the constitution of the Council’s membership.  The Council, to be chaired by the President, will be inaugu...
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Nwankwo Tasks African Countries On Economic Transformation Through Debt Financing
March 14, 2018 3 Responses

Nwankwo Tasks African Countries On Economic Transformation Through Debt Financing

Former Director General of the Debt Management Office (DMO) in Nigeria, Dr Abraham Nwankwo, has advised African leaders to initiate robust macroeconomic, transformation plans to drive debt-financed sustainable economic growth and prosperity.  Speaking on the ...
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‘Label tax evasion, malpractices by Multinationals as foreign corrupt practices’
February 19, 2018 4 Responses

‘Label tax evasion, malpractices by Multinationals as foreign corrupt practices’

Nigeria’s Minister of Finance, Mrs. Kemi Adeosun, has called for the designation of tax malpractices by Multinational Corporations in Nigeria and other developing countries as ‘foreign corrupt practices’.   She made the call at the Platform for Collabor...
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