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Category: Economy

Business Economy headline

Borrowing instrumental to Nigeria’s exit from recession – Ahmed

Iheanyi Ejiofor October 8, 2021 No Comments #Nigeria #recession #exit #borrowing #rising debt #Zainab Ahmed

By our reporter/ Nigeria’s minister of finance, budget and national planning, Zainab Ahmed on Friday explained that recent borrowings by the Federal Government were instrumental to the country’s exit from…

Read More Borrowing instrumental to Nigeria’s exit from recession – Ahmed
Business Economy

Winners emerge in 7th UBA bumper savings account promo

Iheanyi Ejiofor October 8, 2021 No Comments #United Bank for Africa (UBA) #Promo #Winners

Pan African financial institution, United Bank for Africa (UBA) Plc, has again rewarded its loyal customers in its Bumper Savings Promo in line with its unwavering commitment towards prioritising its customers’ financial…

Read More Winners emerge in 7th UBA bumper savings account promo
Business Economy headline

President Buhari presents N16.39trn budget for 2022

Iheanyi Ejiofor October 7, 2021 No Comments #Buhari #2022 Budget

President Muhammadu Buhari on Thursday presented a total budget of N16.39 trillion for the year 2022 to the National Assembly. Speaking at the assembly chambers, the President tagged the appropriation…

Read More President Buhari presents N16.39trn budget for 2022
Business Economy headline

Nigeria’s GDP to grow by 2.4 percent in 2021, says World Bank

Iheanyi Ejiofor October 7, 2021 No Comments #World bank #Nigeria #GDP growth #economy

The World Bank expects the Nigerian economy to grow by 2.4 percent in 2021. The projection is contained in the bank’s Africa Pulse, a biannual analysis of the near-term macroeconomic…

Read More Nigeria’s GDP to grow by 2.4 percent in 2021, says World Bank
Business Economy

FG will borrow to fund N6.25trn deficit in 2022 budget -Ahmed

Iheanyi Ejiofor October 6, 2021 No Comments #Zainab Ahmed #budget deficit #borrow

By our reporter/ The federal government will borrow to finance N6.258 trillion deficit in the 2022 budget, Zainab Ahmed, minister of finance, budget and national planning said on Wednesday. President…

Read More FG will borrow to fund N6.25trn deficit in 2022 budget -Ahmed

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