A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
China’s economy grew at the slowest pace in more than four decades last year despite a rebound after the country’s coronavirus outbreak, official data showed Monday. The 2.3 percent expansion is the lowest figure since the Chinese economy embarked on major reforms in the 1970s. The National Bureau of Statistics (NBS) said last year was
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China’s economy grew last year at its slowest pace since transformative market reforms of the 1970s, according to an AFP poll of economists, but finished the year strongly on an accelerating coronavirus recovery. The average forecast of analysts from 13 financial institutions was a 2.0 percent expansion for the world’s second-largest economy, down sharply from
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Following dwindling oil revenue that has compelled Federal Government to borrow funds, the Chief Executive Officer of SGM Records, Desmond Enobakhare, professionally known as Kex Obax, has said that the government could rake in more revenue from Music with proper investment in the sector. Kex Obax added that with more investors into the music industry,
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Globally, there is quest for new and bold measures on the part of policymakers to reverse the adverse effects of the COVID-19 pandemic on the national economy and welfare of the people.
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An official in the Ministry of Finance has said any system that does not have natural capital accounting is failing even if GDP is growing.
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By Emmanuel Elebeke The National Bureau of Statistics, NBS, says Nigeria’s Gross Domestic Product (GDP) decreased by –6.10%(year-on-year) in real terms in the second quarter of 2020. The decrease it said ended the 3-year trend of low but positive real growth rates recorded since the 2016/17 recession. The decline was largely attributable to significantly lower
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The leader of Africa’s first Economic War under the Black Wall Street platform, Charles N Lambert, on Thursday during the episode 24 of its show “Economic War with Charles Lambert” announced that the Black Wall Street will be creating six hundred thousand job opportunities for Africans who are unemployed certificate holders through Development Channel App
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By Fortune Eromosele The Nigerian Content Development and Monitoring Board, NCDMB, Monday, disclosed that Project 100 beneficiary companies currently contribute over N50 billion to Nigeria’s Gross Domestic Product (GDP) as well as create over 1,500 direct and 15,000 indirect jobs that benefit the nation. In a statement in Abuja, the Executive Secretary of the Nigerian
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THE Nigerian economy has been facing challenges for the past five years following its over dependence on oil as a major source of its revenue as the country recorded the highest growth in Gross Domestic Product, GDP of 2.65 per cent in 2015.
Read MoreBy Babajide Komolafe, Michael Eboh, Emmanuel Elebeke, Gabriel Ewepu The Gross Domestic Product (GDP) report for first quarter of 2020 released yesterday by the Nigeria Bureau of Statistics (NBS) confirmed that the nation’s economic growth is on the decline and hence the country is heading towards a recession. According to the NBS, the recession could
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