Tag Archives: Kemi Adeosun

  Ecobank Collaborates With NIBSS On New Mobile Payment Solution mCash   Ecobank has joined a collaboration between the Nigeria Interbank Settlement Scheme, NIBSS and the four major telecommunications operators, Etisalat, MTN, Airtel and Globacom, to offer a new and innovation mobile money payment solution, mCash. The new mobile payment solution enables easy payments using the mobile phone for account …

Read More »

FG is Committed to Infrastructure Financing’—Adeosun The Minister of Finance, Mrs. Kemi Adeosun on Tuesday emphasised the importance critical infrastructure projects, especially in the areas of Rail and Power to the country’s economic development. She spoke during the visit of the Chinese Ambassador to Nigeria, Mr. Zhou Pingjian, to her office in Abuja. Adeosun described the commitment of the current …

Read More »

Minister of Finance, Kemi Adeosun FG spends N750bn for infrastructure development in five months, says Minister As part of measure to reposition Nigeria’s economy, the Federal Government in the last five months mobilized not less than N750 Billion for infrastructure development. Speaking in Lagos on Saturday at the 2016 Wealth Creation Platform organized by KICC International, the Minister of Finance, …

Read More »

Extreme poverty to end by 2030 -World Bank Friday Ekeoba With the increase in global economic contraption, the World Bank’s Group President Jim Kim has said that the bank was determined to boost shared prosperity to end extreme poverty by 2030. Kim said this at the Brooking Institutions on the eve of the World Bank/IMF Annual meeting in Washington DC …

Read More »

FG, States, Others Meet on Economy as NACOFED Opens in Ogun Tuesday The National Council on Finance and Economic Development (NACOFED) 2016 conference, which opens in Abeokuta, Ogun State on Tuesday, will examine options available to government to improve its revenue streams especially in a period of low earnings from crude oil. The conference, which is being hosted by the Minister of …

Read More »

We have a strategic plan that will take us out of the recession – Adeosun The Minister of Finance, Mrs Kemi Adeosun, has assured Nigerians that the current economic recession the nation was experiencing will not be prolonged. She gave the assurance on Friday in Abuja while addressing a news conference. She said that there was a strategic plan by …

Read More »

  President  Buhari          Minister for Finance, Adeosun Economic growth as panacea for employment creation The growth of an economy, especially as it relates to the wellbeing of its citizenry, is best measured by the numbers of its productive class that are meaningfully employed. In this piece FRIDAY EKEOBA x-ray government claims to growth in the face of dwindling economic indicators. …

Read More »

Nigeria officially in recession, GDP growth drops to -2.06% The National Bureau of Statistics, NBS will be releasing the second quarter GDP which will show that the country is officially in recession because the economy shrank by -2% in the second quarter of the year. Key indices that let to this result includes the sharp drop in Nigeria’s soverign revenue. …

Read More »

FRIDAY EKEOBA Barring any monumental change in the domestic economy, the Minister of Finance, Mrs Kemi Adeosun,Thursday assured Nigerians that the nation would only face a short recession if the nation’s economy contracts again in the second quarter as the removal of fuel subsidies and policies to lower dependency on oil will pay off. It would be recalled that the International Monetary Fund (IMF) …

Read More »