Ban on Rice Importation Remains —Customs The Nigeria Customs Service says it has not lifted its embargo on rice importation through the nation’s land borders. It...
Nigeria, Others Lose $1tn to Oil Price Slide Nigeria and other member countries of the Organisation of Oil Exporting Countries have in the last two years...
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...
