Emefiele Opens Talks with Chinese Investors As part of efforts to attract the much-needed foreign investments in the country, the Central Bank of Nigeria (CBN) Governor,...
IMF Offers Nigeria, Others Zero-Interest Loans The International Monetary Fund is prepared to lend money to Nigeria and other countries facing economic crisis at zero interest...
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...
Nigeria, Libya Boost OPEC’s Crude Supply Organisation of Petroleum Exporting Countries (OPEC) crude production rose to a record in September, according to a Bloomberg survey. The...
IMF Downgrades Nigeria Growth Forecast for 2017 The International Monetary Fund has cut its 2017 economic growth forecast for Nigeria. The Washington-based lender said in its...
FG Puts up N7bn Presidential Jets for Sale The Presidency on Tuesday confirmed that newspaper advertisements for the sale of two presidential aircraft, a Falcon 7X...
Nigeria’s Refineries More of Liabilities than Assets An energy expert, Mr. Dan Kunle has said that Nigeria’s three refineries in Port Harcourt, Kaduna and Warri are...
EU Advises Nigeria to Devalue Naira A European Union (EU) official, Fillippo Amato, has advised the federal government to devalue the naira as part of measures...
NIMASA Begins Recovery of $5bn Debt The Nigerian Maritime Administration and Safety Agency says it is embarking on a debt recovery measure aimed at collecting about...
Oil Price Hits $50, Nigeria’s Exports to Rise Global oil benchmark, Brent crude, extended its rally on Sunday to hit the $50 per barrel mark, the...
