How local production can boost the Nigerian economy
According to experts, protectionism if properly implemented can help boost Nigeria's local production and the economy.
Tag: Nigerian Economy
Nigeria’s external reserve falls to lowest in 10 months
Nigeria's foreign reserve of $34.74 billion is the lowest in 10 months.
Nigeria’s oil sector contracts by 13.89%, as covid-19 plunges economy into recession
The contraction in the oil sector indicates 7.26% points lower than the growth recorded in the previous quarter (Q2 2020, ...
Lawan tells IMF that Nigeria is on the path of growth despite challenges
Senate President, Ahmed Lawan has told the IMF that Nigeria's economy was on the path of growth despite challenges.
Why onion has become the “new gold” in Nigeria
The persistent increase and scarcity of onions in major markets have become a major concern for many homes in Nigeria.
Consumers overall confidence index dipped by 25.0% Y-o-Y- CBN
According to the latest Consumer Expectations Survey Report for Q3, 2020, consumers’ overall confidence index dipped to -21.2 points.
COVID-19: Our economy is too fragile to bear another round of lockdown – Buhari
President Buhari has called on Nigerians to do all they can to avert a second wave of COVID-19 in Nigeria.
Credit to Nigerian economy falls to N38.67 trillion
A CBN survey has concluded that credit to the economy declined by N900 billion or 2.27 % in August.
COVID-19: How CBN policies helped prevent the collapse of the Nigerian economy – Oscar Onyema
The NSE CEO has highlighted some of the measures the CBN took to save the Nigerian economy from collapse.
Despite billions on agriculture, food inflation up by 108% since 2015
About N2 trillion spent in the last 5 years to achieve food self-sufficiency.
