Post Archive by Month: June,2022

FG to sanction oil companies over law violation The Federal Government has said it will sanction oil and gas companies that fail to comply with the Human Capacity Development provisions contained in the Nigerian Oil and Gas Industry Content Development Act. Stressing the importance of human capacity development, Wabote said, ”With the rapid advancement in technologies used in the

Financial sector contributes N696bn to economy Financial institutions excluding insurance, contributed N696.87 billion to increase Nigeria share of GDP to 3.35%. The National Bureau of Statistics report affirms 1.53% increase through 53 basis points in Q1’21, providing a year-on-year, growth for three consecutive quarters. https://www.vanguardngr.com/2022/06/financial-sector-contributes-n696bn-to-economy/

Economy slipping below FG’s projection, records 3.11% growth in Q1 Experts insist growth not inclusive, blame rising population, others: With the general elections and rising political risks, Nigeria would need to double up to meet the 3.4 per cent growth forecast of the International Monetary Fund (IMF). The Fund had in April, on account of bullish oil prices, upgraded the country’s

Economy slipping below FG’s projection, records 3.11% growth in Q1 Experts insist growth not inclusive, blame rising population, others: With the general elections and rising political risks, Nigeria would need to double up to meet the 3.4 per cent growth forecast of the International Monetary Fund (IMF). The Fund had in April, on account of bullish oil prices, upgraded the country’s