For business and economic news from around the world
WorldStage Newsonline– The Lagos Chamber of Commerce and Industry (LCCI) has called on the Federal Government to adopt measures to increase the country’s revenue and borrow from cheaper sources to cushion Nigeria’s debt portfolio.
LCCI prescribes measures to boost revenue, cheaper borrowing sources for Nigeria Read More
WorldStage Newsonline– The aggregate production of mineral products in Nigeria grew by 39.19 per cent from 64.29 million tons in 2020 to 89.48 million tonnes in 2021 according to the National Bureau of Statistics (NBS) Mineral Production Statistics report 2021 released in Abuja.
Nigeria: Mineral production up 39.19% to 89.48m tonnes in 2021- NBS Read More
WorldStage Newsonline– The Nigeria Employers’ Consultative Association (NECA) has described the economic challenges facing the country as multi-faceted and called for a holistic and multi-pronged approach toward resolving them.
NECA calls for holistic and multi-pronged approach to address Nigeria’s economic challenges Read More
The Debt Management Office (DMO) has advised the Federal Government to make efforts to balance its annual budgets and work towards surplus budgets to reduce borrowings.
DMO challenges FG to balance annual budgets, reduce borrowings Read More
The Association of Corporate Affairs Managers of Banks (ACAMB) says that constant engagement and communication between the Organised Private Sector (OPS) and the banking sector will promote the desired sustainable growth and development of the economy.
ACAMB’s first national stakeholders conference on synergy between Nigerian banking industry and OPS to hold Aug 3 Read More
WorldStage Newsonline– The Nigerian Export Promotion Council (NEPC) has reaffirmed its commitment to collaborate with key stakeholders in developing and promoting the non-oil export sector.
Nigeria: NEPC seeks stakeholders’ support in promoting non-oil exports Read More
WorldStage Newsonline– Gov. Chukwuma Soludo of Anambra, has signed the revised budget of N170 billion into law.
Soludo signs revised budget of N170b, borrows N100b Read More
The Anambra State House of Assembly, has approved Gov. Chukwuma Soludo’s request to access loan facilities worth N100 billion from the Central Bank of Nigeria (CBN), for infrastructure development.
Anambra Assembly approves Soludo’s N100b loan request for infrastructure development Read More
WorldStage Newsonline– The Lagos Chamber of Commerce and Industry (LCCI) has stressed the need for a corresponding boost to supply side factors of inflation to accompany the monetary policy instruments by the Central Bank of Nigeria (CBN) to tackle inflation.
Lagos Chamber tasks CBN on supply side instruments to tackle inflation Read More
WorldStage Newsonline– The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) rose fro its two-day meeting on Tuesday with a unanimous vote to increase the Monetary Policy Rate (MPR) by 100bps to 14.0% – the second consecutive rate hike to the highest level in 42 months.
CBN’s MPC raises Monetary Policy Rate by 100bps to 14.0% Read More