Search

GDPR Compliance

We use cookies to ensure you get the best experience on our website. By continuing to use our site, you accept our use of cookies, Privacy Policy, and Terms of Service.

Advertisement

economic downturn

Declining GDP: Recession looms as Nigeria’s economy grows marginally by 1.87%

…Agriculture, ICT major non-oil contributors in Q1 2020 …Experts urge FG to direct credit facilities to critical sectors of economy …NECA projects economic contraction in Q2 2020 Philip Clement, Abuja There are clear indications that Nigeria may be heading for another recession due to the global economic downturn, even as the nation’s Gross Domestic Product […]

Economic downturn: SON to go tough on fake importers, pirates

The Standards Organisation of Nigeria (SON) has warned unscrupulous importers against the use of its logo to deceive unsuspectingly customers to sell their goods in the country. Director-General, SON, Osita Aboloma gave the warning at its sensitisation workshop with International Market Association Electronics (IMAE) Alaba recently in Lagos. Aboloma represented by Director-in-Charge SON Lagos, Kabir […]

Anchor Borrowers scheme: CBN claims it saved Nigeria N1trn foreign exchange

CBN

The Central Bank of Nigeria (CBN) has claimed that it has saved over N1 trillion wasted away in foreign exchange annually through food importation which had contributed immensely in economic downturn. This it revealed while justifying the rationale behind its nationwide ongoing Anchor Borrowers Programme on agriculture, saying the initiative came as a lifeline for […]