World stage group

Nigeria: New national development plan depends on strong PPP – Osinbajo

November 27, 2021November 27, 2021 - by Press Release - Leave a Comment

As the Federal Government continues building a more resilient and competitive economy, the private sector’s strong partnership has been restated, especially to drive the success of Nigeria’s new National Development Plan.

Economy / Nigeria

Plans underway to adapt Nigerian economy to climate change, match disruptions of digital economy, fourth industrial revolution – Osinbajo

November 27, 2021November 27, 2021 - by Benson Akomo - Leave a Comment

WorldStage Newsonline– Vice-President Yemi Osinbajo has assured about plans were underway to help the Nigerian economy to adapt to climate change and match the disruptions of digital economy and the fourth industrial revolution

Economy / Nigeria

With focus on non-oil exports, economic diversification on course – Osinbajo

November 26, 2021November 26, 2021 - by Press Release - Leave a Comment

Focusing on non-oil exports, with the Zero-Oil Plan actively promoted by the Nigerian Export Promotion Council (NEPC), Nigeria is on the right path to economic diversification, according to Vice President Yemi Osinbajo, SAN.

Aviation / Economy

FG to own only 5%, as FEC okays April 2022 for Nigeria Air to commence operations

November 25, 2021November 25, 2021 - by Adesanya Alao - Leave a Comment

WorldStage Newsonline– The Federal Executive Council (FEC) has approved April 2022 as official date for the commencement of the operations of much-awaited Nigeria Air.

Economy / Industry

Nigeria: Minister says 15.7% non-oil revenue growth success of economic diversification

November 25, 2021November 25, 2021 - by Benson Akomo - Leave a Comment

WorldStage Newsonline– Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said that Nigeria’s non-oil revenue grew to N1.15 trillion, representing 15.7 per cent above target rate in response to Federal Government’s efforts at diversifying the nation’s economy.

Economy / Nigeria

Infrastructure, education top Lagos’ priorities in 2022, as Sanwo-Olu proposes N1.39tri budget

November 24, 2021November 24, 2021 - by Press Release - Leave a Comment

Lagos State has earmarked huge capital expenditure in the 2022 fiscal year to service key growth areas in order to consolidate the recovery of the State’s economy and positively transform residents’ livelihoods.

Economy / Industry

Elumelu at IoD confrence, wants youth to imbibe corporate governance principles

November 23, 2021November 23, 2021 - by Benson Akomo - Leave a Comment

WorldStage Newsonline– Chairman, Heirs Holdings, Mr Tony Elumelu has made a case for the inculcating of strong corporate governance principles and practices into youths, saying this would help in entrenching viable, sustainable institutions.

Economy / Money Market

CBN retains interest rate at 11.5% to sustain economic growth

November 23, 2021November 23, 2021 - by Mos Abaka - Leave a Comment

WorldStage newsonline– The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday voted to hold the Monetary Policy Rate (MPR) at 11.5 per cent for the umpteenth time.

Economy / Industry / Nigeria

Nigeria: AfCFTA committee sets strategic goals of $1.2b export capacity for every state

November 23, 2021November 23, 2021 - by Luke Ajulo - Leave a Comment

WorldStage Newsonlne– Nigeria’s National Action Committee, African Continental Free Trade Agreement (AfCFTA) has emphasised the need to cascade down its activities to the subnational level with state governments playing a major role.