By Jemimah Wellington, JKNewsMedia NIGERIA’s STATISTICAL system falls behind its global peers, the World Bank has noted, urging increased investment to enhance data accuracy and reliability. During a courtesy visit to the Minister of Budget and Economic Planning, Abubakar Bagudu, the World Bank’s practice manager for West and Central Africa, ...
By Jemimah Wellington, JKNewsMedia Reporter A MAJOR step towards positioning Lagos as a global financial hub has been taken with the signing of a Memorandum of Understanding (MoU) to establish an International Financial Centre (IFC). The agreement, formalised on Monday, is a collaboration between the Lagos State Government, EnterpriseNGR, The...
By JKNewsMedia THE LONG-awaited reconstruction of Port Harcourt Road, Aba, is nearing completion, marking a significant milestone in the city’s economic and infrastructural resurgence. The project, awarded to construction giant Julius Berger Nigeria Plc, has rekindled optimism among residents and business owners who had long endured the decli...
By Jemimah Wellington, JKNewsMedia Reporter STRENGHTENING NIGERIA’s security framework has become a key focus of the federal government amid rising security challenges nationwide. The administration has taken steps to enhance the operational capabilities of the Nigeria Police Force, providing them with necessary resources to tackle emerging th...
By JKNewsMedia ECONOMIC EMPOWERMENT for Nigerian youth is set to receive a boost as Fidelity Bank Plc has been selected as a partner bank for the Nigeria Youth Economic Engagement and De-Radicalisation Programme (NIYEEDEP). The initiative, spearheaded by the Federal Ministry of Youth Development in collaboration with the Nigerian Senate Commit...
By Olivia Ambrose, JKNewsMedia Inter A REPORT by the National Bureau of Statistics (NBS) has placed Ogun State among Nigeria’s top regions for Internally Generated Revenue (IGR), a reflection of its rising economic strength. Highlighting this achievement, Governor Dapo Abiodun announced that Ogun’s policies have led to economic independence, p...
By Jemimah Wellington, JKNewsMedia Reporter ECONOMIC REFORMS in Nigeria are essential, according to Indermit Gill, the World Bank Vice President and Chief Economist. Speaking at the National Economic Summit in Abuja, Gill acknowledged the hardships facing Nigerians but insisted that reforms are crucial for long-term stability. He commended the...
