Tag:
growth
News
World Bank Slashes Global Growth Forecast to 2.3% for 2025
The World Bank has lowered its forecast for global economic growth in 2025 to 2.3 per cent, nearly half a percentage point below its...
Business
Three Financial Instruments Introduced for Islamic Banking Growth
The Central Bank of Nigeria (CBN) has introduced three new financial instruments aimed at growing the country’s non-interest banking sector, also known as Islamic...
News
Nigeria Sees 4.4% Growth in Foreign Trade via Letters of Credit
Nigeria's foreign trade conducted through Letters of Credit (LCs) has experienced a 4.4% year-on-year increase, reaching $269.83 million in the first four months of...
Sports
Nigeria Plans 2030 Commonwealth Games Bid for Sports Growth
Nigeria has officially expressed its interest in bidding to host the 2030 Commonwealth Games, with the capital city, Abuja, set to be the proposed...
Business
SEDC Targets $200 Billion Regional Economic Growth by 2035
The newly inaugurated South East Development Commission (SEDC) is targeting a monumental $200 billion in regional economic growth by 2035. This ambitious goal was...
Business
CBN Projects 4.1% Economic Growth But New Interest Rate Raises Concerns
The Central Bank of Nigeria (CBN) has projected that Nigeria’s economy will grow by 4.1% in 2025. The projection also includes expectations of a...
News
Corruption Stalls Nigeria’s Growth, Obi Calls for Action
As the world observes International Anti-Corruption Day, Nigeria's fight against corruption remains at the forefront of the nation's struggles. The alarming levels of corruption have...
News
NLC Slams NBS for “Fabricated” GDP Growth Figures, Accuses Tinubu Govt of Deception
The Nigeria Labour Congress (NLC) has rejected the National Bureau of Statistics (NBS) report that claimed the Nigerian economy grew by 3.46% in the...