accountState-owned Nigerian National Petroleum Corp. plans to accept a $2 billion loan from a group led by the Japan Bank for...
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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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PRESIDENT laments Nigeria’s over-dependence on crude oil despite the abundance of other natural resources including...
In under two weeks, Nigeria will hold elections that may be the most fiercely contested polls since the end of military...
Industry analysts said the period of settlement could take years
Almost seven weeks to the deadline given to ‘troub...
Nigerians involved with Boko Haram and their atrocities past, present and future, may be affected.
Nigerian union threatens strike over oil bill, Chevron job cuts - read this Platts news article and other stories in...
Shell Petroleum Development Company of Nigeria has absolved itself of any wrongdoing in respect of the widely reported...
Names Bridge Banks To Takeover
Adequate and efficient power supply crucial for Nigeria's economic reform program.
THE Shell Petroleum Development Company of Nigeria Limited (SPDC) said it has recorded six separate oil spill incidents...
The Associated Press reported on Sunday that community leaders in the area claimed they saw a new oil spill near the...
NACCIMA said efforts being made by government to fix the power sector have not shown any remarkable result in the...
The lower chamber of the National Assembly disclosed that it had been inundated with series of petitions on the alleged...
Governors rose from their meeting Sunday night with two major decisions on the power sector and the Sovereign Wealth...
Realising the bright prospects of the forthcoming Government Bond, operators in the financial services industry are...
As only 40 per cent of population currently has access to power
Gen. Ham of the U.S. Africa Command said such co-ordination “would be the most dangerous thing to happen not only to...
Pro. Johnson Falade, country representative for UN Habitat in Nigeria, said only 10% of more than a thousand urban...
GERMANY has promised to assist Nigeria sustain the fight against drug trafficking, and boost the National Drug Law...
India's largest oil refiner Indian Oil Corp (IOC) is seeking more West African light sweet crude for October, having...
The Nigerian naira was flat against the U.S dollar on the interbank market on Tuesday but weakened at the central...
Shell chief said the oil firm had not underpaid taxes to the state government.
Approves pioneer board as well as appointment of a manager for the Nigeria Bulk Electricity Trading (NEBT) Plc.
ACCESS to agricultural inputs, market linkages, technical support services as well as access to financial services...
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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