By Vivian Emoni The Nigerian Export Promotion Council (NEPC) says it is targeting effective, sustained growth in non-oil exports in 2026, citing reforms, market expansion and strengthened exporter development initiatives. Mrs Nonye Ayeni, Executive Director of NEPC said this at a news conference on the 2025 Non-Oil Export Performance andContinue Reading
By Philip Yatai Minister of the Federal Capital Territory, Nyesom Wike, on Friday called for unity of purpose, for the growth and progress of Rivers. Wike made the call during his ongoing “thank you” visit to Andoni Local Government Area of Rivers. He said that unity had brought progress andContinue Reading
Revenues By Muhyideen Jimoh The Presidency has announced that Nigeria is experiencing unprecedented growth in non-oil revenues, driven by reforms targeting fiscal stability, compliance, and digital tax administration. Presidential spokesperson, Mr Bayo Onanuga, disclosed this in a statement on Wednesday in Abuja. He said President Bola Tinubu highlighted theContinue Reading
Okeoghene Akubuike Africa recorded a growth rate of 3.2 per cent in 2024, in spite of the challenging global environment, says Afreximbank Research Report. Dr Yemi Kale, Group Chief Economist, Afreximbank disclosed this while presenting the 2025 African Trade and Economic Outlook (ATEO) Report at the Afreximbank 32 AnnualContinue Reading
By Gabriel Agbeja, News Agency of Nigeria (NAN) Regional cooperation in the aviation sector is gaining increasing recognition as a crucial driver of connectivity, economic growth, and technological advancement across the globe. To illustrate this, initiatives such as the Single African Air Transport Market (SAATM) and the European Single SkyContinue Reading
By Lucy Ogalue The Bank of Industry (BOI) has described Nigerian artisans and technicians as the backbone of inclusive economic growth and key to the country’s future industrial development. The Managing Director of BOI, Dr Olasupo Olusi, said at the Nigerian Artisans Leadership Summit 2025, on Wednesday in Abuja. OlusiContinue Reading
Trade volume between Russia and Kazakhstan exceeded 28 billion dollars, while Russian exports increased by almost five per cent at the end of 2024, according to Kazinform, a partner of TV BRICS. Kazinform said that the main growth emanated from machinery, transport, chemicals, and minerals. More than 70 major investmentContinue Reading
By Nana Musa The International Monetary Fund (IMF) has released it new economic outlook report, reversing Nigeria’s economic growth projections for 2025 and 2026. The April report was released on Tuesday during World Economic Outlook (WEO) at a press briefing at the ongoing IMF/World Bank 2025 Spring MeetingsContinue Reading
By Okeoghene Akubuike Africa’s real Gross Domestic Product (GDP) is projected to grow by 4.0 per cent in 2025, in spite global economic fragility, says Afreximbank Research Report. The 2025 African Trade and Economic Outlook (ATEO) Report, a research by Afreximbank, said Africa’s real GDP is projected to reachContinue Reading
Economy By Nana Musa The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, says the Federal Government has unveiled a comprehensive economic plan for sustainable development. Edun disclosed this in a statement issued by the Ministry’s Director of Information and Public Relations, Mr Mohammed Manga, onContinue Reading
