Vice President Kashim Shettima; Bayelsa State Governor, Senator Douye Diri; Minister of Budget and Economic Planning, Senator Atiku Abubakar Bagudu; and Minister of Information and National Orientation, Alhaji Mohammed Idris are among distinguished figures who will lead conversation on the economy and security, as the 20th edition of All Nigeria Editors Conference (ANEC) starts in Yenagoa, the Bayelsa State capital, …

President Bola Ahmed Tinubu said Nigeria’s slow economic growth rate prompted his administration to embark on various reforms aimed at achieving sustainable and inclusive growth. Speaking at the 54th Annual Accountants’ Conference with the theme: ‘Governance reimagined: Mapping the future’, President Tinubu emphasised Nigeria was not growing fast enough and decades of underinvestment have hindered the economy’s potential. Represented by …

The Bank of Industry (BoI) has emphasised that Nigeria must enhance its production capacity to achieve a one trillion-dollar economy by 2026. The Divisional Head of Services, BoI, Isa Omagu, stated this on Saturday at the 2024 annual conference of the Finance Correspondents Association of Nigeria in Lagos with the theme, “Nigeria’s Journey Towards a $1 trillion Economy: Impact of …

The current reform of President Bola Tinubu’s administration is reshaping the nation’s economy, the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has said. He spoke at the Nigerian Economic Summit Group (NESG) National Economic Dialogue, in Abuja, yesterday. He challenged members of the Organised Private Sector (OPS) to join the government in its efforts towards …

The Minister of Finance and Co-ordinating Minister of the Economy, Wale Edun, says 41 African countries are set for stronger economic growth in 2024. Edun, who doubles as the Chairperson of the African Caucus, said this on Friday at the 2024 African Caucus Meeting in Abuja. The News Agency of Nigeria (NAN) reports that the African Caucus was established in …

President Bola Tinubu has declared that his administration is implementing bold policies to propel Nigeria’s economy out of the downturns occasioned by multiple global shocks. President Tinubu, represented by Vice-President Kashim Shettima, made the assertion yesterday at the opening of the 2024 African Caucus meeting in Abuja. He said, “As a government, we have initiated bold economic reforms aimed at …

On Thursday in Abuja, Minister of Finance Mr Wale Edun addressed a press conference and gave a mid-year report on the economy. The Minister told the press what President Tinubu’s administration had done in the last year to address some of the structural imbalances in the economy, working with the fiscal and monetary authorities. The Minister, who will now address …

A man identified as Shuaibu Yusuf, from Borno State, on Monday, climbed a radio mast in an attempt to commit suicide. Shuaibu vowed to sacrifice his life for the nation’s pressing issues, while pleading for fellow Nigerians to join his cause, emphasizing his readiness to sacrifice his life for what he called critical issues. His demands include the restoration of …

Nigeria has recorded a commercial transaction of raw gold sales at the London Bullion Market Association, the Minister of Solid Minerals Development, Dele Alake disclosed on Sunday. He said the sales have delivered a $5m increase in Nigeria’s foreign reserves, 70 plus kilograms of gold refined to the London Bullion Market Good Delivery Standard and successful aggregation of locally mined …

Data from the International Monetary Fund (IMF) has shown Nigeria’s economy is expected to rise to at least $1.852 trillion in Purchasing Power Parity (PPP) terms by 2029. The IMF’s prediction shows a noteworthy growth path for the country’s economy over the next five years. The country’s GDP in PPP terms has been on the increase, projected to rise from …