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Tag: economic

Business
Nigeria to strengthen economic, security ties with Turkey 

Nigeria to strengthen economic, security ties with Turkey 

October 6, 2024November 20, 2024 AGS

AGS NEWS – The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) and the Nigeria Türkiye Business Council (NTBC) have agreed to strengthen bilateral relations between Nigeria and Turkey. At the inauguration of the Independent Industrialists and … Continue reading Nigeria to strengthen economic, security ties with Turkey 

Entertainment
I’m tired’ – Toke Makinwa laments economic hardship

‘I’m tired’ – Toke Makinwa laments economic hardship

May 1, 2024November 20, 2024 AGS

AGS NEWS – Nollywood actress Toke Makinwa says she is tired of being an independent woman. The media personality stated this while lamenting the biting economic hardship on her Instagram page recently. Makinwa, who just returned from a foreign trip, … Continue reading ‘I’m tired’ – Toke Makinwa laments economic hardship

Business
Economic expert suggests Nigeria's GDP could be valued at $600b

Economic expert suggests Nigeria’s GDP could be valued at $600b

November 3, 2023November 20, 2024 AGS

Bolaji Balogun, CEO of Chapel Hill Denham and an economic expert, has expressed a contrary viewpoint to Nigeria’s official Gross Domestic Product (GDP) estimates, suggesting that the country’s GDP might be valued at approximately $600 to $650 billion. While Nigeria’s … Continue reading Economic expert suggests Nigeria’s GDP could be valued at $600b

Business
Economic downturn leads to N478 billion in bad loans for banks

Economic downturn leads to N478 billion in bad loans for banks

September 11, 2023November 20, 2024 AGS

In the first half of this year, at least four banks have reported a combined total of N478 billion in non-performing loans, as revealed in their financial reports. Specifically, Guaranty Trust Bank Holding Plc (GTCO), FBN Holdings Plc, and two … Continue reading Economic downturn leads to N478 billion in bad loans for banks

Business
Housing market in Nigeria sees 40% surge in costs amid economic challenges

Housing market in Nigeria sees 40% surge in costs amid economic challenges

August 8, 2023August 8, 2023 AGS

The housing market in Nigeria has experienced a notable increase of approximately 40% in leasing and sales costs during the first half of 2023. Despite inflation, rising interest rates, and reduced new investments, the cost of leasing or purchasing residential … Continue reading Housing market in Nigeria sees 40% surge in costs amid economic challenges

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