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Economy Insight

Read the latest news on the economy in Nigeria.

The National Bureau of Statistics (NBS), has on Friday, May 22, 2020, published Nigeria’s Internally Generated Revenue (IGR) for 2019 full year. NBS disclosed in the publication that the President Muhammadu Buhari-led administration, recorded a 20.92% year on year growth after the combined state’s IGR stood at N1.33 trillion in...
Chairman of the United Bank of Africa (UBA) Group, Tony Elumelu has highlighted the economic recovery plan for President Muhammadu Buhari and other African leaders. While speaking at a roundtable discussion made up of African leaders, including Dr. Ngozi Okonjo – Iweala, the Special Envoy of the African Union on...
Should a statement by Andrew Nevin, a partner and chief economist for Nigeria at PricewaterhouseCoopers LLP, hold water, then there are more worries for Nigeria aside from the novel coronavirus ravaging the economy. Nevin had stated; “There is a possibility that at least for three to five years, there’s going...