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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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Group Managing Director/CEO UBA Plc, Mr. Tony Elumelu has applauded the establishment of credit bureaus in Nigeria...
Nigeria’s $1 billion sovereign-wealth fund (SWF) is set to start operating in the next few months, said the finance...
In the last one or two years, the Nigerian government has improved funding of domestic gas related projects while peace...
Unveils retooling strategy for the Nigerian economy by the Economic Management Team
Reiterate opposition to sovereign wealth fund
Deputy Minority Leader of the House: opposition to the subsidy removal gaining converts amongst lawmakers.
AN early presentation of the nation’s proposed spending for the year 2012 is likely with Finance and Co-ordinating...
Federal workers will receive a monthly increment of N900 across board in a new salary table released yesterday by the...
Despite challenges among OECD countries, the Asia-Pacific region is expected to drive Refining and Marketing (R&M)...
Nigeria’s parliament is probing whether fraudulent practices by government agencies fueled a fivefold rise in spending...
While the oil reserve has been estimated to peak at about 40.05 billion barrels in 2016, it will later decline to 27.
COMMERCIAL and residential buildings around the Bar Beach and Bonny camp areas in Lagos Island, were, on Thursday,...
Royal Dutch Shell PLC will challenge any fine that Nigeria may decide to levy against the oil giant for an offshore...
The MasterCard Index recorded a notable 12.7 per cent...
THE departments, agencies and parastatals under th...
Nigerian state-owned oil company NNPC has criticised the government's subsidy of domestic gasoline prices, saying that...
TWO years after securing a $15 million decision from a fine imposed on Shell Petroleum Development Company (SPDC) by a...
Former World Bank managing director Ngozi Okonjo-Iweala was sworn in as Nigeria's finance minister and chief...
COMPANIES and organisations, which operations hurt the environment, may henceforth find it difficult to get loans from...
Shell Nigeria Exploration and Production Company urged on the need to adopt global standard in addressing environmental...
The latest step to be taken to improve the upstream oil industry in Nigeria was the creation of the Local Content Act.
Amaechi said the reason Nigeria is suddenly drifting towards regionalisation is because of failure of the constitution,...
Following pressure from labour and the civil society, senators and members of the House of Representatives are split on...
But the Nigerian currency slipped at both the bi-weekly regulated market and the interbank market.
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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