Economy Grew By 1.95% In Q1 2018 – NBS

Nigeria’s Gross Domestic Product grew by 1.95 per cent year-on-year in real terms in the first three months of this year. The National Bureau of Statistics stated this on Monday in its GDP report for the first quarter of 2018. “This shows a stronger growth when compared with the first quarter of 2017 which recorded a growth […]

Nigerian Women Beaten, Raped In France Testify In Court

A verdict is expected at the end of this month in the trial of 16 members of a mostly female network of Nigerian human traffickers operating forced prostitution rings in France. The traffickers went on trial last week at the high court of Paris, facing their accusers as the trafficked women testified to being lied […]

CBN: How Currency Deal With China‘ll Boost Nigeria’s Economy

The Nigeria-China currency swap deal will not  stifle local companies and make the country a dumping ground for Chinese goods, the Central Bank of Nigeria (CBN) said yesterday. The 41 items banned since 2015 will not be valid for the swap exchange, the CBN said. CBN spokesnman Isaac Okorafor said: “The fear is unfounded and […]


‘APM Terminals Contributes N186b Annually To Nigeria’s Economy’

An impact assessment study conducted by a Denmark-based consulting firm, Quantifying Business Impacts on Society (QBIS) has revealed that the operation of leading global port operating company, APM Terminals in Nigeria created a total turnover of around USD610 million (N186.05 billion) per year to the Nigerian economy from 2013 to 2016. The study titled “Nigerian Trade […]


NCAA,Lagos State Government Tackle Unauthorized High Rise Structures

In the face of real and obvious threat to safe flight operations, the Nigerian Civil Aviation Authority (NCAA) and the Lagos State Government (LASG) have elected to work together to curb the danger posed by unauthorized high rise structures scattered around Lagos metropolis. This collaboration was a resolution from a bilateral meeting between the NCAA […]


Udoma Inaugurates Joint Planning Committee Of NES 24

The Minister of Budget and National Planning, Senator Udoma Udo Udoma on Friday, in Abuja, inaugurated the Joint Planning Committee (JPC) of the 24th edition of the Nigeria Economic Summit, with a mandate to deliver a Summit that will not only meet the expected outcomes but continue the work of placing the economy on a path […]


Ecobank Drives Financial Inclusion Among The Youth …Flags Off Campus Activations

Ecobank Nigeria has commenced a youth engagement program in tertiary institutions across Nigeria as part of efforts to deepen financial inclusion by banking the youth. The initiative, themed ‘Ecobank Xpress Campus Storm’ will avail students of tertiary institutions the opportunity to open the Ecobank Xpress account, a digital account that requires no documentation, minimum balance […]