Nigeria Economy

How can we revive our economy

Germany donates €5.5m to Nigeria amid COVID-19 pandemic

Germany donates €5.5m to Nigeria amid COVID-19 pandemic

The German Mission in Nigeria has pledged €5.5m to the Nigeria Humanitarian Fund, says the Office for the Coordination of Humanitarian Affairs in Nigeria, The PUNCH reports. The donation, according to an online currency converter, Oanda, as of 2pm on Thursday, exchanged for N2.2bn. This is coming as the West-African country grapples with the attendant…

President Muhammadu Buhari orders three-month moratorium loans for TraderMoni, MarketMoni and FarmerMoni loans

President Muhammadu Buhari orders three-month moratorium loans for TraderMoni, MarketMoni and FarmerMoni loans

President Muhammadu Buhari has ordered a three month moratorium loans to all TraderMoni, MarketMoni and FarmerMoni beneficiaries for three months, as relief efforts to tackel the Covid-19 impact in the Nigeria economy. President Buhari in his address on Sunday directed that the loans should be implemented with immediate effect. He also directed that all government…

Reviving Our Economy

Reviving Our Economy

To improve the Nigerian economy, the Nigerian government needs to improve the trade deficit. The most populous country in Africa and the 12th most populous country in the world needs to reduce her imports and increase her exports. … Government can put schemes in place to encourage farmers to go commercial in their trade.