Nigeria Dropped to 127th Place on Global Competitiveness Index Nigeria has dropped three places to the 127th position on the latest World Economic Forum’s (WEF) Global...
Petroleum Sector to Get $70bn Investment From China The Minister of State for Petroleum, Dr Ibe Kachikwu, on Wednesday said Chinese private sector companies had pledged...
NSE Capitalisation Dips by N92bn in One Day The market capitalisation of the Nigerian Stock Exchange dropped by N92bn at the close of trading on the...
NNPC to Produce Diesel From Crops The Nigerian National Petroleum Corporation on Wednesday announced that it had commenced the integration of biofuels production from selected energy...
Bad Loans Rising, Dollar Scarcity to Continue The scarcity of foreign exchange will remain challenging in the second half of 2016 due to low oil prices,...
Dollar Shortage: Erisco to Suspend Operations Threatens to fire 1,500 workers About 1,500 employees of a Lagos-based tomato paste manufacturer, Erisco Foods Limited, are set to...
Nigeria’s Economic Crisis May Spill to West Africa The International Monetary Fund has warned that the current economic crisis in Nigeria may spill over to the...
US Services Sector Grows in September Economic activity in the US services sector rose last month for the 80th consecutive month, according to the Institute for...
U.S. Private Sector Adds 154,000 Jobs in September US Automatic Data Processing (ADP) report showed that the labor market added the smallest jobs since April in...
US trade deficit widened in August, as higher imports of capital goods and record purchases of services from oversea outweighs exports. The deficit grew by 3...
