‘How auto sector can salvage the economy’
The Federal Government has been advised to give special attention to the nation’s automobile sector, which can be used to salvage the economy.
Borrow ideas from China, not money, Peter Obi tells FG
Vice Presidential candidate of the Peoples Democratic Party, PDP, in 2019 elections, Mr. Peter Obi, has said that borrowing progressive business ideas from China will be more beneficial to Nigeria than taking public loans to pump into the economy.
Economy: Other sectors in limbo as debt servicing surges
…As debt service to revenue ratio hits 72% •Analysts, IMF paint picture of threat By Emeka Anaeto, Business Editor and Nkiru Nnorom The ability of the Federal Government (FG) to finance other critical sectors of the economy, especially investing in infrastructural development, will face more set-back over ballooning debt service-to-revenue ratio. This comes at the […]
Environmentalist harps on measures to achieve circular economy in Nigeria
An environmentalist, Mr Gafar Odubote, has said that the attainment of a circular economy in the country is feasible if the right measures are put in place. NAN reports that a circular economy is an economic system aimed at eliminating waste and ensuring the continual use of resources. A circular economy ensures resources are maintained […]
FG projects Nigeria’s economy to recover in Q1’21
The federal government has projected that Nigeria’s economy will recover from the effect of the Coronavirus (COVID-19) pandemic in the first quarter of 2021. This aligns with the projection of several analysts who are of the view that the recovery may have even started projecting that the huge drop in the nation’s Gross Domestic Product, […]
Ghana economy shrinks first time in 37 years
Ghana’s economy shrank 3.2 per cent in the second quarter for the first time in 37 years as a result of the coronavirus pandemic, the country’s chief statistician said Wednesday. The West African nation of 30 million inhabitants imposed a three-week lockdown in parts of the country, including the capital Accra, in March to curb […]
