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VP Shettima charges Tax Reforms Committee to develop economic roadmap
Nigeria's Vice President, Senator Kashim Shettima has charged members of the Presidential Committee on Fiscal Policy and Tax Reforms to develop a robust roadmap that will transform the economy of the country.
The Vice President gave the…
Niger state government pledges to strengthen MSMEs
The Niger state Commissioner for Micro, Small and Medium Enterprises, Mrs Elizabeth Shaba has pledged to make MSMEs in the state a goldmine for the economy.
Cabinet Takes Steps to Address Economic, Agricultural Challenges
The Federal Executive Council on Monday considered the state of the Nigerian economy and how to quickly grow it for the benefit of citizens of the nation.
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, revealed…
Banks, others, fined for failure to file audit reports
At least eight banks and 18 other listed companies have been fined N125m for failing to file their 2022 audited financial statements and quarterly reports for the first half of 2023 as required by the Nigerian Exchange.
The affected…
Central Banks stress need to keep rates high
The world’s top central bankers have stressed the need to keep interest rates high until inflation is contained, a move that could cause deeper economic shifts that will make their jobs harder.
At an annual…
Nigerian Government Reiterates Pledge to end Crude Oil Theft
Nigeria's Minister of state for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has reiterated Nigerian Government commitment to stem the tide of crude oil theft in the Nigeria's Niger Delta, stating that the activities of crude oil…
Employment Rate in Nigeria rises by 76.7% in Q1 2023
About three-quarters of working-age Nigerians were employed – 73.6%
in Q4 2022 and 76.7% in Q1 2023, a recent report by the National Bureau of Statistics has shown.
This indicates that most people were
engaged in some type of job for…
Nigeria’s GDP grows by 2.51% in second quarter of 2023
Nigeria's Gross Domestic Product (GDP) grew by 2.51% (year-on-year) in real terms in the second quarter of 2023, the National Bureau of Statistics has said.
This growth rate is lower than the 3.54% recorded in the second quarter of 2022…
Port Harcourt Refinery to resume operations in December – Minister
The Nigerian Government says it is committed to end petroleum product importation soon, as efforts are being doubled to restore the nation’s local refining capacity.
This was made known by the Minister of State for Petroleum…