…Projects surge in inflation this year …Says Naira may be further devalued in 2020 Nigeria’s Gross Domestic Product (GDP) growth is not expected to experience any significant rise in the 2020 fiscal year, a report by Fitch Ratings Inc, an American economic solutions company. According to Fitch, the economic policies implemented so far in Nigeria […]
…Says ‘Protectionist’ policies are for Nigeria’s economic prosperity …Bemoans low banks’ lending to key sectors of the economy The Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, says the apex bank is focused on delivering improved and sustained economic policies for the country in the 2020 fiscal year. The CBN Governor also noted that only […]
The Economic Community of West African Countries (ECOWAS) on Tuesday, presented a budget proposal of $602 million (381,612,734) Units of Account, to the Parliament for 2019 fiscal year. The budget proposal which is a 34.7 per cent increase (98, 817, 554) UA, on the 2018 budget, has 73.9 per cent dedicated to community programmes, while […]