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Economy

Italy records 9% GDP drop in 2020

Efforts by the Italian Government to boost the economy after outbreak of coronavirus suffered setbacks after its annual Gross Domestic Product (GDP) dropped by 9 percent, just as it was projected that the economy was expected to grow by 5…

FG plans fashion hubs creation in Lagos

The Federal Government has disclosed that plans are underway to establish two Small and Medium Enterprises (MSME) Fashion Hub in Lagos State aimed at supporting small businesses to thrive. It explained that the planned fashion hubs would…

Nigerian debt hits N31trn, 8.3% rise in 3months

Records from Debt Management Office (DMO) on Nigerian debt burden have shown that the nation’s total public debt stock has hit N31.009 trillion, an equivalent of $85.897 billion, approximating 8.3 per cent rise in debt figure between March…