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IMF raises Nigeria’s economic growth forecast to 2.5%

Emma Ujah, Abuja Bureau Chief ECONOMY The International Monetary Fund (IMF) has raised its economic growth forecast for Nigeria   in 2021 to   2.5 per cent.   The IMF

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IMF Raises Nigeria’s 2021 GDP Growth Forecast to 2.5%

The International Monetary Fund (IMF) has revised upward its growth forecast for the Nigerian economy in 2021 from one per cent it had predicted in January to 2.5 per cent.

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Nigeria Revokes Addax Petroleum’s Four Oil Blocks for Non-performance

Nigeria’s Department of Petroleum Resources (DPR) has revoked four Oil Mining Licences (OMLs) belonging to Addax Petroleum due to the non-development of the assets by the petroleum company. The affected

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Man City Lose £126m in 2020 Due to Pandemic

Manchester City have revealed the full impact of the COVID-19 pandemic on the club by reporting a net loss of £126 million for the 2019-20 season — a year after

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Dangote reiterates commitment to agric development

Dangote Industries Limited has reiterated its commitment to partnering with various tiers of governments through investment to build a sustainable and inclusive economy The post Dangote reiterates commitment to agric

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Stock market capitalisation plunges by N78 billion

Following losses by most blue-chip stocks, the Nigerian Stock Exchange (NSE) sustained a sliding profile at the opening of the week yesterday, leading to a fall in market capitalisation by

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Poor access to electricity raises production costs as firms rely on self-generation

With approximately 53.3% of firms in sub-Saharan Africa engaging in electricity self-generation, the World Bank has said that the lack of reliable power is a significant constraint The post Poor

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Computer professionals want digital technologies prioritised

Computer Professionals (Registration Council of Nigeria) (CPN) has stressed the need for Nigeria to prioritise digital technologies to sustain the growth of the economy. The post Computer professionals want digital

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I have a natural entrepreneurial spirit – Okpala, Kobobid CTO

Mr. Chiedu Okpala  Says Kobo Auctions here to stay  Mr. Chiedu Okpala is the Chief Technology Officer(CTO) of Kokobid. In this interview, OKpala speaks about growing up, his professional background

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Nigeria loses $18bn annually to tax evasion, money laundering, others ― CISLAC

By Bose Adelaja Against the backdrop of corrupt practices in Nigeria, Civil Society Legislative Advocacy Center CISLAC, on Tuesday, lamented the rising increase in corruption in Nigeria saying the country