Wednesday, July 9, 2025

ECONOMY

ECONOMYINTERVIEWTOP STORY

Economic diversification is taking root, says Osinbajo

*Commends regulatory agencies, ``we are getting positive results’’ VP in media chat at the 2017 Nigerian-American Chamber of Commerce SMEs Conference QUE: You have gone round most of the stands here. What is your impression of what you have seen here today? ANS: I am always excited to see how...
ECONOMYTOP STORY

States record 20% rise in IGR in 2016

The Nigeria Governors’ Forum (NGF) on Tuesday disclosed in Abuja that the Internally Generated Revenues (IGRs) of most states in Nigeria rose by 20 per cent to N820.7 billion in 2016 despite significant contractions in federation transfers to them. According to the Director General of the NGF, Mr. Asishana Bayo...
ECONOMYTOP STORY

FG welcomes exit from recession with cautious optimism

• Promises to intensify ERGP implementation The Buhari administration welcomes news of Nigeria's exit from recession with cautious optimism and promises to continue to drive Nigeria's economic growth by vigorously implementing the Economic Recovery & Growth Plan (ERGP) launched earlier this year by President Muhammadu Buhari. The overall economic plan...
ECONOMYTOP STORY

Nigeria’s economy exits recession -NBS

...but recovery weak- Expert The Nigerian Bureau of statistics (NBS) said on Tuesday in its Q2 GDP report that Nigeria’s economy has emerged from recession in the second quarter, expanding 0.55 per cent year-on-year. The country’s economy shrank by 1.5 per cent in 2016 for its first annual contraction in...
ECONOMYTOP STORY

FIRS generates N2tr In seven months

The Federal Inland Revenue Service (FIRS), through tax collections, generated the sum of N2.11 trillion as revenue from January to July, 2017. This is contained in a progress report of the FIRS from January to July, 2017 obtained by the News Agency of Nigeria (NAN), yesterday, showing their revenue performance...
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