Tag: Nigeria’s economy

  • Lack of policy direction by FG weakens Nigeria’s economic outlook, says World Bank

    Lack of policy direction by FG weakens Nigeria’s economic outlook, says World Bank

    Uncertainty over the direction of the Federal Government’s policies has weakened Nigeria’s economic outlook, according to the World Bank’s January 2020 Global Economic Prospects report. The World Bank in the report projected that the Nigerian economy would grow by 2.1 per cent this year. The projected growth rate was described as ‘subdued’. The predicted growth…

  • Nigeria’s Economy ‘Is Looking Good’, Says Buhari

    Nigeria’s Economy ‘Is Looking Good’, Says Buhari

    President Muhammadu Buhari has hailed the state of the Nigerian economy, promising that his administration will continue to implement policies that will strengthen it. The President spoke about the nation’s economy on Thursday after receiving the letter of credence from the new Ambassador of Denmark, Mr Jesper Kamp, at the Presidential Villa in Abuja. ‘‘The…