Archives Tag: economic growth
The Grooming Endowment Trust (GET) Accelerated Program
April 19, 2022
The Grooming Endowment Trust (GET) has announced the third cohort of the GET Accelerated program to foster and promote innovation and economic growth within Nigeria’s startup ecosystem. Read more about Opportunities The Grooming Endowment Trust (GET) is a Kick-off Africa initiative. It aims to support 10 outstanding founders this year and consolidate on its … Continue reading The Grooming Endowment Trust (GET) Accelerated Program
By ugo-chinedu
Government Programs and Initiatives for Entrepreneurs in Nigeria
April 19, 2022
The Nigerian government recognizes the significance of entrepreneurship in driving economic growth and job creation. Consequently, it has established various programs and initiatives to support entrepreneurs in Nigeria and foster a conducive environment for business development. These initiatives are implemented by various government agencies, each playing a specific role in nurturing the entrepreneurial ecosystem. … Continue reading Government Programs and Initiatives for Entrepreneurs in Nigeria
The Role of Nigerian Workers in Building the Economy
April 19, 2022
Workers’ Day is a special day set aside to honour and appreciate the contributions of workers to the growth and development of any economy. In Nigeria, the celebration of Workers’ Day, also known as May Day, is an opportunity to recognize the vital role of Nigerian workers in building a stronger and more prosperous … Continue reading The Role of Nigerian Workers in Building the Economy
New whitepaper identifies key growth trends in sub-Sahara Africa
April 19, 2022
Regional integration, economic reforms, technological advances and infrastructure development among key factors enabling business growth in the region Report released by Dubai Chamber in cooperation with the Economist Intelligence Unit (EIU) ahead of Global Business Forum Africa 2019 Dubai, UAE Growing momentum behind regional integration, economic reforms, technological advances and infrastructure development are among the … Continue reading New whitepaper identifies key growth trends in sub-Sahara Africa
How to Apply for the CBN’s ₦10 Million AGSMEIS Loan
April 19, 2022
The Federal Government, through the Central Bank of Nigeria (CBN), is offering agricultural businesses and SMEs in Nigeria loans worth millions of naira at a single-digit interest rate. This facility is part of the Agri-Business/Small and Medium Enterprise Investment Scheme (AGSMEIS), an initiative designed to boost the ventures at the lower end of the commercial … Continue reading How to Apply for the CBN’s ₦10 Million AGSMEIS Loan
Attend 2017 Financial Inclusion Summit
April 19, 2022
Financial inclusion is a powerful enabler of inclusive economic growth. Research has proven that access to finance and financial services empowers people in many ways as they are better able to start and expand businesses, invest in education, manage risk, and absorb financial shocks. Financial Inclusion also helps reduce income inequality and thereby accelerate economic growth. It … Continue reading Attend 2017 Financial Inclusion Summit
By adepeju
Nigeria Moves out of Economic Recession
April 19, 2022
The Gross Domestic Product of a nation is one of the primary indicators to measure the health of a country’s economy. Nigeria’s economy has been sick for a long time, it has however for the first time in 25 years made an immense improvement. It has recovered from economic recession recording a positive growth. The … Continue reading Nigeria Moves out of Economic Recession
By adepeju
Petroleum Contributed N1.942t to GDP in Q3 2015
April 19, 2022
According to a recent National Bureau of Statistics report, the oil and gas sector contributed a sum of N1.942 trillion to the nation’s Gross Domestic Product (GDP) in the third quarter of 2015, as reported by the Vanguard. The breakdown was as follows: Crude Petroleum and Natural Gas sub-sector accounted for N1.845 trillion, an increase from … Continue reading Petroleum Contributed N1.942t to GDP in Q3 2015
By ify
BUSINESS ECONOMY International News
Nigeria to Overtake South Africa as Continent’s Largest Economy
April 19, 2022
A poll by Reuters has found that Nigeria is likely to take South Africa’s position as the continent’s largest economy within the next two years. Nigeria’s GDP is projected to increase exponentially when it is rebased at the end of 2013 to reflect changes in the economy in the past two decades. Economic analysts believe that … Continue reading Nigeria to Overtake South Africa as Continent’s Largest Economy
By kunle-binuyo