The Central Bank of Nigeria has reported a marginal increase in Nigeria’s export earnings in the third quarter of this year totalling $16.2 billion, or 2.8 percent higher than the total export yields in the preceding quarter. When compared to export accruals in the corresponding period of 2017, the Q3, 2018 earnings represented a 35.3 […]
The Federal Ministry of Industry, Trade, and Investment has disclosed that the Federal Government would be increasing manufacturing sector exports to at least $30 billion annually by 2025. As one of the key steps towards meeting this target, the Ministry is partnering with the Abia State Government and Crown Realties Plc, for the development of […]
The British Prime Minister, Theresa May, today said that 87 million Nigerians were living below poverty line, thereby making the country the home of the world’s highest number of poor people. May, who made the remarks in Cape Town, South Africa, noted that although many Nigerians lived comfortably but that about 87 million Nigerians were […]
The out-going President of the Nigeria Employers’ Consultative Association, Mr. Larry Ettah, has urged the Organised Private Sector (OPS) to be more vigilant in the way government is managing the nation’s economy. This is even as Ettah, the immediate past Group Managing Director of UACN Plc, also warned against the nation’s relapsing into another […]
The Minister of Industry, Trade and Investment, Dr Okechukwu Enelamah, on Wednesday said that the Federal Government was committed to creating an enabling environment for the nation’s economy to tap into digital economy opportunities. The minister projected that if explored optimally, the digital economy had the potential of generating $88 billion for the country and […]