Ogun State, Nigeria, World News & Stories
3 posts.
Nigeria’s Fragile but Steady Economic Recovery Nigeria’s economy, after years of turbulence, is showing slow but powerful signs of recovery, according to the Nigerian Economic Society (NES). Economists under the aegis of the NES noted that both Nigeria and other Sub-Saharan African countries are witnessing gradual economic growth following years of crises, although millions of…
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has been appointed by the World Bank as the Chairman of the African Governors’ Forum. A statement on the Ministry of Finance’s X page, the ministry noted that Edun’s appointment makes it the first of such for Nigeria. The statement reads, “The appointment…
The World Bank says the Nigerian government’s exchange rate management policies are discouraging investments and fuelling inflation in the country The bank disclosed this in the November edition of its Nigeria Development Update. While highlighting the role of the Central Bank of Nigeria in exchange rate stability, the World Bank said there had been intense…
