Promoters of Lagos Free Zone have announced that they are looking at attracting $5 billion investments into the economic Zone. “In line with its vision to be the preferred industrial hub and investment destination in West Africa with world-class infrastructure, the Lagos Free Zone (LFZ) which already has a committed investment of $2 billion is… Continue reading Lagos Free Zone Promoters Target $5 Billion Investment…
It is no more news that Nigeria has unexpectedly bounced out of recession. There are hopes that this recently detected economic growth leads to substantial socio-economic development. Top business site Nairametrics provides an analysis of how this bounce out of recession occured.
The IMF just announced that Nigeria is now the 26th largest economy in the world. Recall that in 2007, the late President Yar’Ardua talked about his dream that Nigeria should become the 20th largest economy in the world by the year 2020. Now Nigeria got to number 26 under President Buhari in 2020, despite debilitating… Continue reading 20-20-20: Nigeria Nearly Achieved Yar’Ardua’s Economic Dream Under Buhari
“If we don’t want days with 50,000 new infections, as was the case in France a few weeks ago, we must see through this and not constantly speculate about which measures can be relaxed again.” Those were the words of Germany’s Economy Minister Peter Altmaier as he warned that the European economic giant is clearly… Continue reading Covid-19: Germany May Face 50,000 New Infections A Day Unless – Economy Minister
I read this analysis about what the collapse of the crude oil might mean to Nigeria. And I must tell you; it is scary. Read it because to be forewarned is to be forearmed. https://leaders.ng/oil-price-nigeria-and-the-new-reality%ef%bb%bf-by-okestalyf/