accountNigeria’s Economic and Financial Crimes Commission (EFCC) has begun the process of seizing properties belonging to...
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NIGERIA'S ECONOMY
Nigeria’s economy is struggling to leverage the country’s vast wealth in fossil fuels in order to displace the crushing poverty that affects about 57% of its population. Nigeria’s exports of oil and natural gas have enabled the country to post merchandise trade and current account surpluses in recent years. The largely subsistence agricultural sector has not kept up with rapid population growth, and Nigeria, once a large net exporter of food, now imports some of its food products.
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A number of foreign investors have shown interest in building refineries in Nigeria, the Minister of Finance, Olusegun...
Temporarily suspends planned bombings of oil installations in the oil rich Niger Delta in order to allow for a safe...
Independent National Electoral Commission(INEC) Chairman blamed the postponement on ‘ unprecedented late arrival of...
The growth of electronic payments in markets such as Nigeria, is taking off as payment cards are issued in significant...
Federal Government to insist that oil firms bring their suppliers to set up facilities in the country.
Nigeria will file charges against former U.S. Vice President Dick Cheney and officials from five foreign companies,...
A national grid system to be established.
Prices expected to ease slightly in the coming months; OPEC does not consider their current level damaging to the world...
Two of Nigeria’s most prominent bank chief executives are to be forced to stand down under new rules introduced by the...
Grant to fund three projects within the framework of EU’s 2010 Action Plan for the country.
PRESIDENT Goodluck Jonathan, did not attend last Friday’s Presidential debate organized by the NN24 because he had a...
vast terrain comprising 49 nations, the sub-Sahara represents nearly one-fifth of the earth's landmass.
A FIRE outbreak at the fourth and fifth flours of the Murtala Muhammed International Airport, Lagos six storey-building...
The Organization of Petroleum Exporting Countries may meet to assess the impact on oil supply from the nuclear crisis...
An explosion washeard at a Nigerian onshore oil flowstation operated by Agip in the Niger Delta on Wednesday, security...
Call on legislature to eschew delays and spurious alterations
Inflation rate in Nigeria dropped to an annual figure of 11.1 per cent in February, disobeying the Central Bank of...
Intervenes in dispute between ConocoPhillips and labor union.
"Higher revenues would not only translate into rising subsidies on fuel imports but that governments at all levels...
WITH a $2.24 billion investment in submarine cables in the last five years, telecommunications operators in Nigeria...
IN what appeared an expression of confidence in Nigeria’s burgeoning telecommunications industry, eight, out of the 24,...
The Presidential Advisory Council (PAC) has stepped into the politics of accelerating the passage of the Bill.
Nigerian officials were bribed to win more than $6 billion in construction contracts.
Top Sources: Nigeria's Economy
- chairmanking.com
- BusinessWeek
- ngrguardiannews.com
- platts.com
- thisdaylive.com
- thenationonlineng.net
- ft.com
- broadstreetlagos.com
- punchng.com
- Reuters UK
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