Imports Remain High; 463% More Than Exports Federal Government efforts at stimulating local production, increasing new job creation and boosting exports are yet to crystalise across...
Nigeria’s Oil Production Rises by 8% to 1.95 Million bpd The Organisation of Petroleum Exporting Countries on Friday said Nigeria’s total crude oil production grew by...
AfDB to Review Africa’s Growth Projection for 2019, 2020 The uncertainty surrounding US-China trade deal and Brexit continued to dictate global growth, and in recent months...
Nigeria’s Inflation Moderates Further in July, Increases 11.08% The high cost of goods and services are gradually moderating in Africa’s largest economy Nigeria, according to the...
Spending Flexibility: Nigeria Has Less Room to Cut Spending -Moody’s Nigeria’s high recurrent expenditure remained an issue as it impedes the nation’s ability to consolidate its...
China National Oil Corporation Invest $16b in Nigeria China National Offshore Oil Corporation (CNOOC) has invested a total sum of $16 billion in Nigeria’s oil and...
FG to Open Power Sector to New Investors The Vice President, Prof. Yemi Osinbajo, on Thursday, said the government is working on a plan to open...
Senate Kicks Against Power Sector Bailout Funds Condemns Skeletal Power Supply The Nigerian Senate has opposed the endless infusion of bailout Funds into the power sector...
Food Imports: Experts Warn of Economic ‘Catastrophe’ Following President Muhammadu Buhari decision to restrict the Central Bank of Nigeria from providing foreign exchange to importers of...
Task Force Reaffirms Commitment to End Gridlock in Apapa, Lagos The Presidential Task Force on Apapa gridlock has reaffirmed its commitment to end traffic congestion in...
