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Nigeria’s Economy in 2025: Growth, Reforms, and the Reality on Ground

Nigeria’s Economy in 2025: Growth, Reforms, and the Reality on Ground Every economy is driven by the core factors of production—land, labour, capital, and entrepreneurship—while productivity determines how effectively these elements translate into growth. To understand Nigeria’s economic and business performance in 2025, it is essential to examine trade dynamics, fiscal reforms, consumer behaviour, and public confidence in government policy. Nigeria recorded a 3.84% year-on-year GDP growth in Q4 2024 , the fastest pace in three years, driven largely by the services sector (5.37%) and increased festive-season demand. Overall growth for 2024 stood at 3.4%, up from 2.74% in 2023 , according to the National Bureau of Statistics (NBS). However, economists such as Marcel Okeke have raised concerns that growth was service-led rather than productivity-driven, highlighting structural weaknesses in the economy. Nigeria’s 2025 fiscal year officially commenced on January 1, 2025 , under a strict...

Chidike Edmond: Who Am I?

MY VISION, MISSION AND MY OBJECTIVE I am Chidike Edmond Ojuyenum (De C.E.O); I'm here to cause a change. So I consciously want to be known as the one that causes positive things to happen, pursuing my dreams. Chidike Edmond @ Rapid 96.5FM Live Studio I understand that a dream (even a prophecy) will remain a dream (just a spoken word) unless accompanied with action. Hence, I labor my youth because life took away from me my soft landing; that I may learn, gain and sustain the power to preserve that which is of good virtue. I pray for an early retirement, not that I may leave this earth early. But, I may stay alive longer than a decacentennial. Yet, climb the mountains effortlessly. I am a growing serial entrepreneur and a sustainable leader (role model: Tony O. Elumelu, CFR). A keynote speaker and a Mechanical Engineering Technologist (working my way up to become an Engineer). My childhood desire to pursue a career in aviation as a captain was truncated by death f...

NGX Declines as Selloffs Hit BUA, Stanbic IBTC

NGX Declines as Selloffs Hit BUA, Stanbic IBTC Photo Credit: iPleaders The equities segment of the Nigerian Exchange, NGX, experienced a bear-bull fight that plunged market valuation downward following specific selloffs on some companies’ shares. The negative price movement of large and mid-cap stocks like BUA Cement Plc which declined by 1.6% and 5.8% price down in STANBIC IBTC market valuation, thus undermining the market’s performance. Consequently, the key performance indicator or the Nigerian Exchange All share index declined 0.08% week on week to 54,892.53 points due to profit-taking in some defensive stocks with strong fundamentals. Data from the exchange showed that the market capitalization declined by N23.24 billion week on week to N29.90 trillion. Investors’ decision to take profit dragged year-to-date return to 7.11% from 8.87% in the previous week. At the close of the week, the level of market trading activities was positive as the total number of deals decreased by ...

COVID-19: Why President Buhari Didn't Address Nigerian's on Monday

His Excellency, Mohammed Buhari The presidential aid to President of The Federal Republic of Nigeria, Muhammed Buhari; Femi Adesina took to twitter to express why the said presidential address scheduled for Monday 18th May, 2020 could not hold. A tweet by Presidential spokesman Femi Adesina via his official twitter handle @FemiAdesina reads; "No Presidential broadcast on COVID-19 updates today. None was planned. Rather, the Presidential Task Force during its usual media briefings bring the nation up to speed on the next steps." ----------------- For Advertisements & News Report: Contact: +2348107735463 Twitter: @chidikeedmond Instagram: @chidikeedmond Facebook: @chidikeedmondNGO Email: Click Here

[Poem] Chidike Edmond – Reasons

[Poem] Chidike Edmond – Reasons Chidike Edmond @chidikeedmond On Saturday the 21 st of April 2018, I recorded a poem and placed it on Naijapals. CLICK HERE TO SUBMIT YOUR ARTICLE FOR PUBLICATION As at the time of making, the message was not specific to any thoughts as it did to me few moments ago. Suddenly, I felt the need to look back; the place where am coming from and where I am now. Surely, love had kept me for a purpose. CLICK HERE TO ORDER Here is a copy of the caption and lyrics i wrote on Naijapals: “It’s been a while I last voiced, the thoughts in my heart are frozen but not obsolete. I reserved the moment for some special events that has troubling effects. But I am far from retirement. Here is a short poetry which is set to hold even the deepest reasons to the pain I endure. See you soon” LYRICS: Reasons; we have our reason to do crazy reckless things in life. Most of us can’t help it in lots of cases, but if the reason is love, may...

BANK ISSUE FRESH UPDATES AS CBN CIRCULATES NAIRA NOTES

Banks Issue Fresh Updates as CBN Circulates Naira Notes Photo Credit: TheCable.ng In response to the Central Bank of Nigeria’s (CBN) decision to reverse its naira redesign policy, deposit money banks have announced adjustments to cash withdrawal limits placed on individuals and corporate. Reverting to the old order, the weekly withdrawals limit has now been upgraded strongly while banks said there is no requirement to generate reference codes for cash deposits has also been discontinued. Today, the apex bank floods banks with naira notes to assuage the ongoing cash crunch in the economy. It also directed all commercial banks to open for operation on Saturdays and Sundays to reduce the lingering cash crunch in the economy. The CBN also confirmed on Friday that a substantial amount of money, in various denominations, had been received by the commercial banks for onward circulation to their respective customers. After the Supreme Court order that upturned the CBN plan to remove old c...

Why African Entrepreneurs Struggle to Access Loans and Grants

"Why African Entrepreneurs Struggle to Access Loans and Grants" By Chidike Edmond Chidike Edmond Ojuyenum Founder & CEO, Nova Gate Limited When people ask me why entrepreneurs in Africa struggle to access loans and grants, I don't just hear a question — I relive a story. My story. Our story. In 2022, I stood before a panel of investors at a business reality show. I was hopeful, dressed for success, and armed with a vision I believed in. But what met me was not applause or critique — it was silence. Cold, confusing silence. Not because my idea lacked potential. But because I didn't know their language — the language of pitch decks, business models, and scalable metrics. I hadn't been taught. And they didn't bother to translate. Later, I applied for a ₦3 million SME loan. Again, I believed I was ready. But I had no guide. No mentor. No knowledge of the paperwork maze ahead of me. I failed — not for lack of vision, but for lack of access. And that's th...

NANS: Students Deserve Free and Qualitative Education.

Following the on going online protest lead by the National Association of Nigerian Student's - NANS Zone D via its official twitter handle @nanszoned19, the apex Student's Union Government; NANS has kicked against schools Re-Opening online. The protest which started on Monday (18th May 2020), scheduled for one week, had drawn engagement using the following hash tags #NoStudyAllowanceNoOnlineClasses #SlashShoolfeesby50%. Engaging many Nigerian Student's, NANS Zone D releases today's news letter: It Reads; NATIONAL ASSOCIATION OF NIGERIAN STUDENTS (NANS) ZONE D (SOUTH WEST) 19 - 05 - 2020 Students Deserve Free and Qualitative Education; It is Our Right and We Will Fight For It READ ALSO: Akwa Ibom State Government Warns Against Schools Re-Opening Online It is public knowledge that successive government in the country have failed to massively fund education; this is evident in the indiscriminate manner they allocate meagre amount to the educational se...

Iyogun David Reveals Why Schools Cannot Re-Open

Following the speculated rumours surrounding the reopening of schools in Nigeria by 5th June 2020, Comr Iyogun David Eseli took to his social media outlets to write "Why School Cannot Re-Open Yet" Read Complete Article Below: As the coronavirus pandemic has halted a lot of activities in the world, organizations, companies, churches, and even schools have been on lockdown. There have been several rumours surrounding resumption of normal activities in schools and other organizations, but these are just mere speculations and not true. If the schools would resume, there are several things that need to be put in place. When these things are not available, resumption of schools anytime soon cannot be feasible. It's difficult to maintain social distancing in schools, having an average number of 20 to a classroom. Kids are more difficult to control or make follow guidelines. "Imagine making a child of 5 years or less use a face mask, and he ends up exchanging the...

COVID-19: Akwa Ibom State Government Warns Against Online Re-Opening of Schools

Akwa Ibam State Government kick against schools Re-Opening and collection of fees for 3rd term of the 2019/2020 session. The State Commissioner for Education Prof. Nse Essien during an interactive session on Monday (18th May 2020) with the state Education Think-tank committee and Education Statekeholders, warned that schools who defy this order may loose their operating license. He added that resumption date for both public and private schools will be announced soon. The Commission when on to added that later in the week, a special website where all the lessons so far delivered on radio would be hosted to enable students to go back, revise and download both audio and lecture notes in lessons already delivered. His words, “No School, both public and private is authorized to start the 3rd term 2019/2020 school year, either in Schools environment or online. Resumption of Schools for the school year will be announced when government is convinced that our children will be safe in S...

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