Archives Tag: economic growth

BUSINESS

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

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ECONOMY

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

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Press Release

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

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BUSINESS

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

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Events

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

Economy News

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

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ECONOMY Energy News

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

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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

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