While Nigeria’s economy is thought to have contracted in 2017, the commercial capital Lagos continued to expand. CNBC Africa’s Wole Famurewa spoke to Steve Ayorinde, Commissioner...
Investment Inflow to Nigeria Drops to 10-year Low The Nigerian economy recorded its worst investment inflow in 10 years with the country attracting a total investment...
Ajaokuta Requires $2bn to Revive Operations The Federal Government has said that to get the Ajaokuta Steel Complex to produce at full installed capacity requires an...
FG to Raise N20bn for Renewable Energy Projects The Minister of Environment, Mrs. Amina Mohammed, on Tuesday said that plans by the Federal Government to raise...
January Manufacturing PMI Fell to 48.2 The country’s manufacturing activity fell to 48.2 index points in January 2017, down from 52.0 recorded in December, the Central...
Nigeria Gains $22m From Bonny Light Crude in December The price of Nigeria’s Bonny Light crude oil was the second highest in December among members of...
Nigeria Loses N1.36bn in One Month One month after the Federal Government prevented imported vehicles from entering Nigeria through the land borders, stakeholders across board have...
Dangote Plans More Investment in Zambia Africa’s richest person, Aliko Dangote, has expressed the desire to further consolidate his existing investments in Zambia and other African...
Capital Inflows Into Nigeria Fall by 46.86% The total capital importation into Nigeria declined by 46.86 per cent (year-on-year) from $9.6bn in 2015 to $5.1bn in...
Oil Price, Forex Policy Hamper Economic Recovery The country’s economy may struggle to rebound from its worst slump in 25 years unless President Muhammadu Buhari ends...
