The Minister of Finance, Dr Ngozi Okonjo-Iweala, on Wednesday said that there was no money missing from the Excess Crude…
Browsing: economy
Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), has called on the federal government to reduce the number…
The Federal Government and Kaduna State Government are collaborating to improve groundnut farming in the state, according to Tijjani Isiyaku…
The Federal Government says it is working to increase the national crude oil reserves to 40 billion per day and…
Launch of .uk is good news for British businessesThe launch of .uk, the UK new country-code Top-Level Domain (ccTLD) is…
Automatic, the smart driving assistant that gives you information about fuel economy, driving safety and more, is releasing the Android 1.0 version of its app. The new version for Android devices, which has been available in beta up until now, will…
Nigeria’s new central bank governor began work on Tuesday, starting a fresh chapter in Africa’s biggest economy after his predecessor’s tenure ended in scandal and claims of political connivance. Godwin Emefiele took over from Sanusi Lamido Sanusi,…
DEMOCRACY DAY BROADCAST BY H.E. GOODLUCK EBELE JONATHAN, GCFR, PRESIDENT, FEDERAL REPUBLIC OF NIGERIA MAY 29, 2014 Fellow Nigerians, 1. I…
The Philippine economy will more than double in the next decade as earnings from overseas workers and business outsourcing surge, a respected US-based think-tank said Monday. Once the region’s perennial economic laggard, the Southeast Asian country…
European equities fell Thursday as investors digested gloomy eurozone data showing anaemic economic growth for the first quarter of the year. London’s benchmark FTSE 100 index gave up 0.55 percent to close at 6,840.089 points as investors considered…
South Africa’s ruling ANC swept aside a weak economy, fierce criticism of its president and questions about the party’s future at a massive Soweto rally on Sunday, in a pre-election show of force. More than 90,000 jubilant and defiant ANC cadres packed…
London shares closed slightly lower on Wednesday despite strong eurozone data, dragged down by concerns about the Chinese economy amid anxiety about the Ukraine crisis. The benchmark FTSE 100 index slipped 0.11 percent compared to Tuesday’s closing…
Nigeria’s new status as Africa’s largest economy puts the spotlight on Nigeria as a key engine for regional progress. The photogallery assesses the relationship between the economy and security in Nigeria, and assesses how this impacts security in Africa…
The outlook for the crisis-battered eurozone brightened Thursday as Germany’s leading economic think tanks raised their growth forecast for Europe’s top economy this year and next year. Greece, one of the hardest-hit euro members, also returned to the…
ON SATURDAY, April 5th, South Africa was Africa’s largest economy. The IMF put its GDP at $354 billion last year, well ahead of its closest rival for the crown, Nigeria. By Sunday afternoon that had changed. Nigeria’s statistician-general announced…
South Africa remains the most important economy in the continent despite being overtaken by Nigeria as Africa’s biggest, South African economists said. The result of a long awaited rebasing of Africa’s most populous nation showed that Nigeria’s GDP…
Nigeria on Sunday became Africa’s biggest economy, leap-frogging South Africa, after the government announced a long-overdue rebasing of the country’s gross domestic product. The new calculations take into account changes in production and consumption…
Nigeria, Africa’s most populous country and largest oil producer, is set to emerge as the continent’s biggest economy on Sunday when the results of an overdue rebasing of its gross domestic product are announced. Although United Nations statisticians…
The United States added a modest 192,000 jobs in March as the economy emerged from a brutal winter, while the unemployment rate held steady, Labor Department data showed Friday. Job growth in the world’s largest economy was a shade below analysts’ average…
Europe’s main stock markets pushed higher on Friday as jobs data showed the recovery in the US economy is back in form after catching a winter cold. London’s FTSE 100 index climbed 0.56 percent compared with Thursday’s closing value to stand at 6,686…