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Nigeria: Austerity - Bleak Xmas Awaits Nigerians
Independent (Lagos), 19 December 2014
Indications have emerged that Nigerians may have a bleak christmas as a result of the harsh economic situation in the country. Read more »
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Nigeria: Bitter Truths About Economy the Govt Doesn't Want You to Know
Premium Times, 22 December 2014
As is well known, available figures, statistics and ratings show that the Nigerian economy has consistently maintained an unprecedented growth rate of 6-7 per cent under the… Read more »
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Nigeria: Nigerians Among Africa's Poorest - Global Report
Premium Times, 19 December 2014
Despite its latest status as Africa's biggest economy, and its government's claim of improved standard of living, Nigeria was not only one of the world's least prosperous countries… Read more »
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Nigeria: Govt Presents Budget, Slashes 2015 GDP Growth to 5.5 Percent
This Day, 18 December 2014
The federal government on Wednesday laid the N4.357.96 trillion budget for the 2015 fiscal year before the respective houses of the National Assembly, stating that the economy will… Read more »
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Nigeria: See the Country as Non-Oil Country, Okonjo-Iweala Urges Citizens
Guardian, 17 December 2014
COORDINATING Minister of the Economy, Ngozi Okonjo-Iweala, has expressed the need for Nigerians to henceforth view the country as a non- oil producing nation, and declared that… Read more »
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Nigeria: IMF Cuts Nigeria's Growth Projection to Five Percent
This Day, 20 December 2014
The International Monetary Fund (IMF) has forecast that the Nigerian economy will record a lower growth of five per cent in 2015. Read more »
Nigeria's Economic Prosperity in the Spotlight
Since the fall in the oil price, the devaluation of the Naira and the austerity measures introduced to boost the economy, there are growing concerns on the effectiveness of strategies implemented by the government and the impact on the lives of its citizens.
InFocus
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The government has introduced some austerity measures. Read more »
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Governor of Lagos State Babatunde Fashola says the recent developments in the country is forcing state governments to source internally generated revenue. Read more »
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Following the increasing decline in the nation's external reserves, rising demand for foreign exchange occasioned by foreign investors divesting from the country in response to the ... Read more »
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The country could claim South Africa's crown as the continent's economic champion within two years, helped by a major statistical revision of the size of its economy, according to ... Read more »
