The manufacturing sector of the Nigerian economy has been reflating in the last two years after it recorded a downturn occasioned by the economic recession that hit the country in 2016.
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Nigeria, India to expand N4.31trn trade ties – Minister – Daily TrustNigeria and India are working on ways to enhance the N4.31 trillion ($12 billion) annual bilateral trade between them in a way that would focus on investment. This was disclosed by the Minister of Industry, Trade and Investment, Dr. Okechukwu Enelamah, when he received the new Indian High Commissioner to Nigeria, Mr. Shri Abhav Thakur, …
Source: Daily Trust - 🏆 13. / 51 Read more »
‘Remove subsidy, adjust electricity tariff to expand economy’ – Daily TrustFollowing the conclusion of the Presidential election, FSDH Research believes there are pressure points in the Nigerian economy that the Federal Government must quickly address in order to stimulate broad based and strong inclusive growth. At its monthly media briefing at the weekend, the Head of FSDH Research, Ayodele Akinwumi, notes that the Nigerian economy … Won't this affect the cost of living? Why do the people always have to pay for the sins of our leaders. What a lousy idea. Why can’t Nigerian “economists” think outside the box. It’s always increase or remove. Very lazy people. They can only function within the corridors of IMF & Workd Bank disaster tunnels. Be realistic for once and reach out to properly understand the economy. Ah was there electricity subsidy too... deception hidden now revealed..chai APC
Source: Daily Trust - 🏆 13. / 51 Read more »
It is unproductive to borrow money for a troubled sector - Sekibo, Heritage MD – Daily TrustThe MD/CEO of Heritage Bank, Ifie Sekibo, recently spoke to Daily Trust on the sideline of the Vanguard Economic Summit, on the difficulties in securing lending and the challenge of how to grow the economy. Excerpt: How do we as a country address the difficult question of economic development?ADVERTISEMENT If you look at my trend …
Source: Daily Trust - 🏆 13. / 51 Read more »