May 30, 2024 Growth rate of Nigeria and other West African countries is projected to rise from an estimated 3.6 per cent in 2023 to 4.2 and 4.4 per cent in 2024/2025. The African Development Bank (AfDB) Vice-President and Chief Economist, Kevin Urama, said this at Thursday’s highlight of theContinue Reading
By Aluta News April 9, 2024 The World Bank has projected that growth will rebound in African economies from 2.6 per cent in 2023 to 3.4 per cent in 2024 and 3.8 per cent in 2025. This is contained in a statement issued by the World Bank on its latestContinue Reading
By Aluta News Oct. 12, 2023 CBN governor, Mr Yemi Cardoso, says the economic policy proposals of President Bola Tinubu’s administration can achieve a GDP of one trillion Naira in eight years. Cardoso made the declaration in Marrakesh, Western Morocco on Thursday on the side-line of the on-going 2023 WorldContinue Reading
By Aluta News May 29, 2023 President Bola Tinubu says his immediate target is to ensure a higher Gross Domestic Product (GDP) growth and significant reduction in unemployment rate. Tinubu said this on Monday in Abuja, in his inaugural speech, shortly after being sworn-in as Nigeria’s 16th President. He saidContinue Reading
By Aluta News Aug 18, 2022 Alhaji Garba Abubakar, the Registrar-General of Corporate Affairs Commission (CAC) has reiterated the commitment of the commission to compete with its global peers for economic growth. This is contained in a statement signed by Mr Rasheed Mahe, CAC’s Head of Media Unit on ThursdayContinue Reading
By Aluta News April 19, 2022 The World Bank has lowered its forecast for global economic growth this year, citing the impact of the war in Ukraine. World Bank President David Malpass told reporters in a conference call that the global growth outlook was reduced to 3.2 from 4.1 perContinue Reading
By Aluta News Jan. 12, 2022 As the global economy enters a pronounced slowdown amid fresh threats from COVID-19 variants and others, Nigeria’s growth is projected to strengthen to 2.5 per cent in 2022 and 2.8 per cent in 2023. The World Bank said this in Washington at the presentationContinue Reading
By Aluta News Sept 12, 2021 Fidelity Bank Plc has posted a profit before tax (PBT) of N20.6 billion for the six months ended June 30, 2021. The Managing Director/Chief Executive Officer of Fidelity Bank, Mrs Nneka Onyeali-Ikpe, disclosed this in the bank’s audited half-year (H1) results released to theContinue Reading