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6 Uncomplicated Ways to Get Studying Fun

  • July 26, 2020
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Acestea sunt semne bune că vor oferi mult

  • July 28, 2021
Naira falls N777 against dollar after CBN announcement
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Investment commission pledges FDI support to improve Nigeria’s

  • March 6, 2022
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Nigeria’s gas revolution will lift West Africa’s energy

  • March 6, 2022

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Tag: Nigeria

World Bank punishes Nigerian firms, individuals for corruption
Economy

Nigeria has low ability to attract investment- World Bank

The World Bank has revealed that Nigeria has a low ability to attract both domestic and foreign investment as the nation’s economic outlook is uncertain. As obtained in a draft report for State Action on Business Enabling Reforms, which is available on its website, the Washington-based bank stated noted that the condition of welfare in Nigeria […]

Nigeria, Morocco commence 5,600km gas pipeline project
Oil and Gas

Nigeria, Morocco commence 5,600km gas pipeline project

Nigeria and Morocco have formally commenced the construction of the long-awaited 5,600km Nigeria-Morocco Gas Pipeline project. A Memorandum of Understanding was signed to that effect by the Nigerian National Petroleum Company Limited and the Office National des Hydrocarbures et des Mines of Morocco on Thursday. According to The PUNCH, the NNPC disclosed that the signing […]

How more taxes'll reduce debt load - FG
News

FG spends N18.4bn on fuel subsidy daily – Minister

The Minister of Finance and National Planning, Zainab Ahmed, on Thursday, revealed that Federal Government spends N18.397 billion daily on payments of subsidy on Premium Motor Spirit (petrol). Ahmed disclosed this while appearing before the House of Representatives Ad Hoc Committee to Investigate the Petroleum Products Subsidy Regime from 2013 to 2022, on Thursday. While […]

Auction abandoned containers at seaports, NPA urges Customs
Ports and Airports

Nigeria to benefit from UK’s new trade scheme

The United Kingdom is set to introduce a new trading scheme that will benefit Nigeria, and other African countries amid the global recession. The PUNCH quoting Uk’s International Trade Secretary Anne-Marie Trevelyan reported that the UK will cut price tariffs on hundreds of everyday products exported into the country from 2023. A wide variety of […]

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  • August 17, 2022
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Naira fall'll worsen Nigeria’s food, energy crisis — W’Bank
Economy

Nigeria facing existential threats – World Bank

The World bank on Wednesday alerted the regime of the President, Major General Muhammadu Buhari(retd), that Nigeria might be facing an existential threat due to its dwindling revenue. The international financial institution also cited the continued payment of trillions of naira on fuel subsidies by the government and the attendant economic challenges, as other causes. […]

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Nigeria ranks fourth on World Bank debtors’ list

Nigeria under the regime of the President, Major General Muhammadu Buhari(retd), currently ranks fourth on the World Bank’s top 10 International Development Association borrowers’ list. Rising debt has pushed Nigeria from the fifth position with $11.7bn IDA debt stock as of June 30, 2021 on the World Bank Fiscal Year 2021 audited financial statements, known […]

Nigeria, others impacted by under-utilisation of mineral resources - Minister
Economy

Nigeria, others impacted by under-utilisation of mineral resources – Minister

Despite huge deposits, Nigeria and other African countries suffer from the under-utilisation of mineral resources, the Minister of Mines and Steel Development, Olamilekan Adegbite, has said. Adegbite made this known during the first International Conference and Exhibitions of the Nigerian Society of Economic Geologists in Abuja. Represented by the Director-General, Nigerian Mining Cadastre Office, Obadiah […]

China boosts ties with Nigeria, unveils new trade association
Economy

China boosts ties with Nigeria, unveils new trade association

In a bid to strengthen the Nigeria-China relationship, the Counsel General of the People’s Republic of China, Chu Maoming inaugurates Nigeria Anhui Entrepreneurs. According to ThisDay, the association was inaugurated at an elaborate ceremony in Oriental hotels, Victoria Island, Lagos, recently. The association’s Chairman, Wu Da Yang restated that move was thought of to further […]

OPEC+ lacks capacity to raise oil prices, says expert
Oil and Gas

OPEC raises Nigeria’s oil production quota despite low output

The Organisation of Petroleum Exporting Countries on Thursday raised the crude oil production quota approved for Nigeria again, as it increased it from 1.753 million barrels per day in May 2022 to 1.772 million barrels per day in June. OPEC had earlier raised Nigeria’s oil production quota from the 1.735 million barrels per day target […]