Archives Tag: Nigerian Economy
3 Things Business Owners Must Do Before the End of the Year
April 19, 2022
It’s been a busy and challenging year for the Nigerian economy. Companies large and small have had their share of wins and struggles. And as we approach the final days of the annual grind, it’s time to reflect on what’s gone on and plan for the future ahead. To tick these boxes, you’ll need … Continue reading 3 Things Business Owners Must Do Before the End of the Year
COP28: Climate Change, Nigerian Businesses, and Economy
April 19, 2022
As COP28, the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change, unfolds in Dubai, the world’s attention is focused on the urgent need to address climate change. For Nigeria, a country already experiencing the impacts of a changing climate, the conference holds particular significance. Nigeria’s president, accompanied by … Continue reading COP28: Climate Change, Nigerian Businesses, and 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
National Housing Fund Contribution Rules: Impact on Nigerian Businesses
April 19, 2022
In February, President Muhammadu Buhari signed the Business Facilitation Bill into Law. The Act, as it is now known, introduced amendments to a number of laws. The government’s stated aim with respect to the Business Facilitation Act (BFA) was to further improve the ease of doing business in the country. Read more about Business … Continue reading National Housing Fund Contribution Rules: Impact on Nigerian Businesses
4 Major Ways Blockchain Technology Can Benefit The Nigerian Economy
April 19, 2022
Blockchain is a buzzword today. While it is still nascent, experts and tech evangelists are talking about how much blockchain will transform the whole world. From education and business to politics and finance and health, blockchain will redefine its operations in the coming years. Read more about FinTech Although, blockchain-powered FinTech companies such as … Continue reading 4 Major Ways Blockchain Technology Can Benefit The Nigerian Economy
What Do Negative Oil Prices Mean for Nigeria’s Economy?
April 19, 2022
On Monday, April 20th, the world watched history unfold with dropped jaws: crude oil sold for below $0. If this doesn’t make sense to you, you’re not alone. Not many people understand how a thing could sell for minus $40, as a barrel of crude did at some point during the day. In practical terms, … Continue reading What Do Negative Oil Prices Mean for Nigeria’s Economy?
Jumia: Promoting Nigerian Economy through MSMEs Empowerment
April 19, 2022
The role of micro, small and medium scale enterprises (MSMEs) in areas of promoting inclusive growth, increasing the country’s gross domestic product (GDP), creation of employment opportunities and wealth creation, the world over, can never be overemphasised. Their immense contributions to the growth of their micro and macro economics is the reason countries, developed and … Continue reading Jumia: Promoting Nigerian Economy through MSMEs Empowerment
Nigeria’s 461 MW Azura-Edo Power Plant Gets New Investment
April 19, 2022
Nigeria’s first privately financed Independent Power Project, the Azura-Edo Power Plant, is getting new funding from Africa50, a pan-African investment group. This was confirmed in a press release put out by management at the IPP earlier this week. Read more about Business Located near Benin City, the Azura-Edo thermal power plant is one of several … Continue reading Nigeria’s 461 MW Azura-Edo Power Plant Gets New Investment
Wakanda – That Could Be Us, But We Aren’t a Circular Economy
April 19, 2022
A few weeks ago there was a huge fire at the Olusosun landfill in Lagos. The fire raged on for days, starting off as thick black smoke before eventually petering out over the course of a few days. There are many ways this article can deviate into explaining why the fire happened, what could have … Continue reading Wakanda – That Could Be Us, But We Aren’t a Circular Economy
By lolade
Fresh Hope For Economy As CBN’s Policy Committee Resumes Meeting
April 19, 2022
The nation’s economy may be exiting a six-month apathy and cautious mode imposed on it by the standoff between the federal legislature and the executive, as the decision of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) will be ready today. President Muhammadu Buhari had in November 2017 sent a list … Continue reading Fresh Hope For Economy As CBN’s Policy Committee Resumes Meeting
By chidinmakalu
Weaning Nigeria Off Oil: Are We Moving Quickly Enough?
April 19, 2022
In January, Nigeria’s main foreign exchange earner got more expensive than it’s been in a long while, and government officials were rubbing their palms in glee. It was fantastic news after all; crude oil- or more specifically, the Bonny light crude, which Nigeria produces, hit the $70 per barrel mark, raising hopes that the Federal … Continue reading Weaning Nigeria Off Oil: Are We Moving Quickly Enough?
On Reviving Cocoa Production in Nigeria
April 19, 2022
After the production of PMS, cocoa production is imminent and important to Nigeria’s economy. Cocoa has remained over the years, a valuable crop and major foreign exchange earner among other agricultural commodity exports of the Nigerian economy. You cannot ignore cocoa while talking about our history as a nation. This is speaking in terms of … Continue reading On Reviving Cocoa Production in Nigeria
By adepeju
Our Economy is Getting Better?
April 19, 2022
President Buhari, on Monday, after receiving a briefing at the Presidential Villa in Abuja from the Minister of Budget and National Planning, Senator Udoma Udo Udoma; the Minister for Finance, Mrs Kemi Adeosun and Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, declared that the Nigerian economy is getting better. I wonder what … Continue reading Our Economy is Getting Better?
By nnedinma
What Recession? Hotel Chains are Expanding in Nigeria.
April 19, 2022
The recession has been the buzzword in the Nigerian economic sphere over the last 18 months. There hasn’t been much faith in government policies by the populace, but there seems to be an unshakable faith in the Nigerian economy by investors. In the hospitality industry, more Nigerians, it seems, are embracing tourism within the country, … Continue reading What Recession? Hotel Chains are Expanding in Nigeria.
By guestpost
These States had the Highest Internally Generated Revenue In the First Half of 2016
April 19, 2022
On Wednesday, January 18, the National Bureau of Statistics (NBS) published its report on states’ Internally Generated Revenue for the first half (H1) of 2016. The report detailed revenues for 29 states of the federation which had submitted their figures to the NBS. The following are the top revenue generating states according to the report: … Continue reading These States had the Highest Internally Generated Revenue In the First Half of 2016
