Economy

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Experts rate economy as weak despite exit from recession

Nigeria exited recession after the country’s Gross Domestic Product recorded a slight growth of 0.11 per cent in the fourth quarter of 2020, the...

Nigeria’s best and worst-performing sectors in 2020

The recently released GDP report by the National Bureau of Statistics shows that some sectors recorded growth despite a hard year of battling a...

Nigeria Exits Recession, Records Positive GDP of 0.11% in Q4 2020

Nigeria’s Gross Domestic Product (GDP) grew by 0.11 per cent (year-on-year) in real terms in the fourth quarter of 2020 (Q4 2020), representing the...

How Abia rose to attract third-highest foreign investment in 2020

Abia State became a top destination for foreign investors in the year 2020 after the COVID-19 pandemic created opportunities for the South-eastern state. The state...

Nigeria enters one of the worst food crises in history

It now costs Nigerians twice the amount they spent on food five years ago to buy similar quantity today. That is after food prices rose to the...

Address Insecurity To Curtail Rising Inflation, Experts Tell Govt.

Experts in the country have advised the government to address the insecurity in food-producing states to curtail the inflation rate. In separate interviews on Tuesday,...

EXPLAINER: What you need to know about WTO and Okonjo-Iweala’s job as DG

Nigeria’s former finance minister, Ngozi Okonjo-Iweala, on Monday emerged the new director general of the World Trade Organization, becoming the first woman and African to...

UK ENDORSES MORE FOREIGN DIRECT INVESTMENTS INTO LAGOS

. . . As Dep. High Commissioner, Top LASG Officials Tour Proposed Waste-To-Energy Facility The British Government over the weekend gave a seal of approval...

Ehingbeti: Buhari, Iweala Speak As Lagos Targets Smart City

President Muhammadu Buhari and the Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, have identified the need for economic, infrastructural and youth...

How cement price rose to N3,500 from N2,600 per bag

Cement is a major component in construction works, and accounts for between 40 and 45 per cent to deliver a building project. But the unexpected...
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