The Nigeria Football Federation (NFF) announced plans to employ an expatriate technical adviser for the Super Eagles in the coming weeks. This decision, aimed at bolstering the team’s performance ahead of the Africa Cup of Nations (AFCON) qualifiers and remaining FIFA World Cup qualifying matches, was revealed in a communiqué issued following the Federation’s executive Read More…
Tag: GDP
Inflation: Specific blueprint critical to manufacturing, other performances in 2024
By Rukayat Moisemhe, News Agency of Nigeria (NAN) Some Stakeholders in the manufacturing sector say Nigeria needs a specific blueprint to critically address the impact of inflationary pressures on all economic activities in the country. According to the World Economic Forum’s Global Risks Report 2023, the world’s top current risks are energy, food, inflation, and Read More…
Experts suggest new Nigerian shipping line to boost GDP
Experts on Friday urged the Federal Government to consider having a national fleet for the maritime industry to effectively contribute its quota to the country’s Gross Domestic Product (GDP). They made the appeal in separate interviews with the News Agency of Nigeria (NAN) in Lagos. Mr Greg Ogbeifun, Chairman and Chief Executive Officer of Starzs Read More…
Nigeria’s economy shrinks 6% in Q2 on oil crash, pandemic double whammy
Nigeria imposed lockdowns in Lagos and Abuja in Q2 Oil sector contracted by 6.63% Nigeria is Africa’s largest economy Nigeria’s economy contracted by 6.1% in the second quarter of 2020 from a year earlier, the statistics office said on Monday, with lockdowns in its two main cities and low oil prices taking their toll. The Read More…
LCCI hinges GDP contraction on COVID-19
The Lagos Chamber of Commerce and Industry (LCCI) has hinged the 6.1 per cent Gross Domestic Product (GDP) contraction according to the National Bureau of Statistics (NBS) on the socio-economic disruptions of COVID-19 pandemic. Dr Muda Yusuf, Director-General LCCI made this known in an economic report released to newsmen on Monday in Lagos. Yusuf noted Read More…