Tag: NESG

Business

Nigeria’s economy to grow more rapidly in 2023 – NESG

The Nigeria Economic Summit Group has stated that Nigeria’s economy will grow more strongly in 2023 as a result of rising firm new orders, output growth rates, and inventory activities. This information was provided by the NESG’s Chief Executive Officer, Mr. Laoye Jaiyeola, at the third edition of the Mid-Year Review of 2023 Economic Outlook, which was […]

Tayo Aduloju has been named the next Chief Executive Officer of the Nigerian Economic Summit Group, beginning January 1, 2024.
Appointments

Nigerian Economic Summit Group names Tayo Aduloju new CEO

Tayo Aduloju has been named the next Chief Executive Officer of the Nigerian Economic Summit Group, beginning January 1, 2024. This was disclosed by the organization in a statement on Wednesday. The current CEO, ‘Laoye Jaiyeola, will be succeeded by Mr. Aduloju, who is currently the Chief Operating Officer and Senior Fellow for Economic Policy, […]

Presidential candidate dialogue by NESG
Business

2023: We’re the leaders Nigeria needs, says Peter Obi

The presidential candidate of Labour Party, Peter Obi stated that Nigeria needs his transformational leadership in 2023 and at this critical time. This was stated in the concluding session of his dialogue with the National Economic Summit Group which held on Monday. Am Business reported on Monday that the presidential candidate of Labour Party announced […]

Naira falls N777 against dollar after CBN announcement
Economy

Inflation weakened naira 15% in 2022 – NESG

Bisola David   A recently released report by the Nigerian Economic Summit Group revealed that the naira was devalued by 14.9% due to inflation, which was brought on by the Central Bank of Nigeria’s plan to redesign the currency.   In its 2023 Macroeconomic Outlook Report titled “Nigeria in Transition: Recipes for Shared Prosperity,” the […]

Trapped funds: CBN to give foreign airlines $150m
Economy

Harmonise foreign exchange rate – Group tells CBN

The Nigerian Economic Summit Group has urged the Central Bank of Nigeria to harmonise foreign exchange rates as the nation battles scarcity of forex and dwindling value of the naira, amongst other economic challenges. NESG’s call comes hours after the Nigeria Employers Consultative Association asked the government to allocate available forex to manufacturing and other […]