I Am Happy That Economy Is Improving, Says Buhari – The Reflector Newspaper
Friday, August 29, 2025
  • About
  • Advertise
  • Careers
  • Contact
The Reflector Newspaper
  • Home
  • News
  • Politics
  • Featured
  • Foreign News
  • Business
  • Opinions
  • Sport
  • Crime
  • Others
    • Education
    • Economy
    • Entertainment
    • Fashion & Style
    • Health
    • Interview
    • Love & Relationships
    • Technology
  • Login
No Result
View All Result
The Reflector Newspaper
Home Business

I Am Happy That Economy Is Improving, Says Buhari

Adams Bamidele by Adams Bamidele
August 29, 2017
in Business
0
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsAppShare on TelegramSend to Email

President Muhammadu Buhari, back at the helm after prolonged sick-leave, said he was delighted by the way Africa’s biggest economy was improving after briefings from ministers and the central bank, his office said on Monday.

Nigeria, the continent’s most populous country, is in its second year of recession and has been contending with a currency crisis and dollar shortages brought on by low oil prices, which is the OPEC member’s mainstay.

Related posts

UN Ranks Nigeria 8th On African industrialization Index, 98th Globally

UN Ranks Nigeria 8th On African industrialization Index, 98th Globally

August 18, 2025
Furious Benue Commuters Left Stranded As Fuel Price Hits N1,500/litre

NNPCL Reduces Fuel Price After Dangote Refinery’s Adjustment

August 14, 2025

But oil prices have risen since the low prices of 2014, leading to increased receipts and peace talks have this year halted the attacks on energy facilities in the southern Niger Delta which in 2016 cut crude production by more than a third.

The statistics office on Monday said annual had slowed for a sixth straight month in July, easing to 16.05 percent. [nL8N1LE19B]

And Nigerian stocks rose to a nearly three-year-high in August, largely on the opening of a market-determined FX trade window by the central bank in April that has prompted some foreign investors to return. [nL8N1K140P] [nL5N1KU55D]

Buhari, who last week returned to Nigeria after three months in Britain on medical leave for an unspecified illness, was briefed by the finance minister, central bank governor and minister of budget and national planning for nearly two hours about the economy and monetary policies.

“A delighted president declared that he was pleased with the progress being made on different fronts,” said the presidency in an emailed statement issued by Buhari’s spokesman Femi Adesina.

Buhari, who took office in May 2015, told the officials “reviving the economy was one of the major planks on which the campaign of his party, the All Progressives Congress, was based” and “expressed gladness that things were looking up after two years”.

The Reflector Newspaper's newsletters cover a variety of topics, from daily news to lifestyle content, markets info to medical news. Subscribe to get the latest information.

Unsubscribe
Previous Post

Pentagon Tells U.S. Congress Of $593m Warplanes Sale To Nigeria

Next Post

UBA Makes Provision On Loans To 9mobile

Next Post

UBA Makes Provision On Loans To 9mobile

RECOMMENDED NEWS

Fleeing Binance Executive, Anjarwalla Found As Nigerian Govt Commences Extradition

Fleeing Binance Executive, Anjarwalla Found As Nigerian Govt Commences Extradition

1 year ago
2025 UTME: We’re Reviewing Complaints To Identify, Rectify Technical Issues – JAMB

JAMB Admits To Errors In 2025 UTME Results

4 months ago
Buhari Oppose Tinubu’s Presidency, Distrust Osinbajo – Sule Lamido

Buhari Oppose Tinubu’s Presidency, Distrust Osinbajo – Sule Lamido

12 months ago
Labour Set To Convene Emergency NEC Meeting Amid Electricity Tariff Hike Crisis

JUST IN: Organised Labour Set For Joint NEC Meeting

1 year ago

FOLLOW US

BROWSE BY CATEGORIES

  • Business
  • Crime
  • Economy
  • Education
  • Entertainment
  • Fashion & Style
  • Featured
  • Foreign News
  • Health
  • Interview
  • Love & Relationships
  • News
  • Opinions
  • Politics
  • Sport
  • Technology
  • Uncategorized

BROWSE BY TOPICS

#EndBadGovernance protest 2027 Elections ADC Ademola Adeleke Akpabio Alaafin Of Oyo APC Atiku Bola Tinubu Buhari By-Elections CBEX Coalition Dangote Refinery Defection Economic and Financial Crimes Commission (EFCC) Economic Hardship EFCC Emergency Rule Federal Government of Nigeria Fubara Fuel Price Fuel Price Hike Gunmen INEC JAMB Natasha Nigerian National Petroleum Company Limited (NNPCL) Nnamdi Kanu NNPC NNPCL NYSC Olubadan PDP Peter Obi President Ahmed Bola Tinubu Rivers Administrator Rivers Assembly Rivers Crisis Senate Tinubu UTME VeryDarkMan WAEC Wike

POPULAR NEWS

  • Congo’s President Daughter’s Bedroom Surfaces Online

    Congo’s President Daughter’s Bedroom Surfaces Online

    0 shares
    Share 0 Tweet 0
  • Economy Bleeds As Naira Hits Record Low With N72.58 Depreiciation Against Dollar

    0 shares
    Share 0 Tweet 0
  • Old Naira Notes Remain Valid – CBN

    0 shares
    Share 0 Tweet 0
  • Gospel Actress, Flora Of Abattoir Movie Series Is Dead

    0 shares
    Share 0 Tweet 0
  • JUST IN: FCT Minister Wike Leads Eid-El-Fitr Homage To President Tinubu Amid Death Rumors

    0 shares
    Share 0 Tweet 0
The Reflector Newspaper

Our mission at The Reflector Newspaper is to cultivate a dynamic digital space where truth, integrity, and diversity thrive.

Follow us on social media:

Recent News

  • NEITI Backs Ojulari To Deliver Oil Sector Reforms
  • Edo NDLEA Decorates 7 Deputy Commanders 
  • Delta Deputy Speaker Criticizes Oil Firms For Ignoring Meeting
  • Former Super Eagles Striker Ujah Retires From Football

Category

  • Business
  • Crime
  • Economy
  • Education
  • Entertainment
  • Fashion & Style
  • Featured
  • Foreign News
  • Health
  • Interview
  • Love & Relationships
  • News
  • Opinions
  • Politics
  • Sport
  • Technology
  • Uncategorized

Recent News

NEITI Backs Ojulari To Deliver Oil Sector Reforms

NEITI Backs Ojulari To Deliver Oil Sector Reforms

August 29, 2025
Edo NDLEA Decorates 7 Deputy Commanders 

Edo NDLEA Decorates 7 Deputy Commanders 

August 29, 2025
  • About
  • Advertise
  • Careers
  • Contact

Copyright © 2024 The Reflector Newspaper. Website designed by Mavens Designs.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Login
  • Home
  • News
  • Politics
  • Featured
  • Foreign News
  • Business
  • Opinions
  • Sport
  • Crime
  • Others
    • Education
    • Economy
    • Entertainment
    • Fashion & Style
    • Health
    • Interview
    • Love & Relationships
    • Technology

Copyright © 2024 The Reflector Newspaper. Website designed by Mavens Designs.

Verified by MonsterInsights