Business

Nigeria Will Exit Recession In First Quarter Of 2021, Emefiele Predicts

Nigeria Will Exit Recession In First Quarter Of 2021, Emefiele Predicts

Business November 28, 2020 at 10:02 am 0 comments

The Governor of Central Bank, Mr Godwin Emefiele, has projected that Nigeria could exit recession by the first quarter of 2021.
He also projected a GDP growth of 2.0 percent in 2021.
Emefiele spoke at the 55th Annual Bankers Dinner organised by

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Buhari Inaugurates 5,000bpd Refinery In Imo

Buhari Inaugurates 5,000bpd Refinery In Imo

Business November 25, 2020 at 8:19 am 0 comments

The President, Major General Muhammadu Buhari (retd.), has said the realisation of the refinery roadmap that was rolled out two years ago will enable Nigeria to export petroleum products to neighbouring countries and other markets.
Buhari said this on Tuesday at the inauguration of the 5,000 barrels-per-day Waltersmith Modular Refinery

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Nigeria Will Exit Recession In December Or First Quarter Of 2021 – FG

Nigeria Will Exit Recession In December Or First Quarter Of 2021 – FG

Business, News November 23, 2020 at 2:14 pm 0 comments

The Federal Government on Monday said Nigeria will move out of recession either in the fourth quarter of this year or in the first quarter of 2021.
The government said the nation’s second recession in five years would be short-lived.
Zainab Ahmed, Minister of Finance, Budget and National Planning disclosed

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FG Saves N45bn Monthly Through TSA – Ahmed

FG Saves N45bn Monthly Through TSA – Ahmed

Business November 18, 2020 at 1:18 pm 0 comments

Nigeria on Tuesday signed a Memorandum of Understanding with The Gambia to avail the foreign nation Nigeria’s vast knowledge, experience and technical expertise on the implementation of the Treasury Single Account.
Minister of Finance, Budget and National Planning, Zainab Ahmed, who signed on behalf of Nigeria in Abuja, said the

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Petrol price may reduce this month — marketers

Petrol price may reduce this month — marketers

Business October 5, 2020 at 11:59 am 0 comments

The pump price of petrol may reduce marginally this month, going by the fall in global crude oil prices, oil marketers said on Sunday.
According to them, since the cost of petrol has been largely determined by the price of crude oil, the recent marginal plunge in crude oil cost

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Petrol Hike: Comparing Nigeria with Saudi Arabia makes no sense, TUC tells Buhari

Petrol Hike: Comparing Nigeria with Saudi Arabia makes no sense, TUC tells Buhari

Business October 2, 2020 at 6:57 am 0 comments

The Trade Union Congress of Nigeria has condemned the comparison between Nigeria and Saudi Arabia made by the President, Major General Muhammadu Buhari (retd.), in his Independence Day address.
The President, TUC, Quadri Olaleye, in a statement on Thursday, said the comparison was unnecessary as Nigeria was not at par

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