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Nigeria

Nigeria

China
BUSINESS & ECONOMY
The quantum of investment in the Nigerian economy by Chinese companies has hit $20bn, the President, China Chambers of Commerce in Nigeria, Mr Ye Shuijin, has disclosed. He ...
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British Firm
COVER LEGAL
Nigeria stands to lose up to $9 billion worth of its foreign assets following an enforcement application to US and UK courts by Process and Industrial Development (P ...
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Cybercrime
IT/TELECOM NEWSLETTER
The Federal Government is ready to collaborate with the Ghanaian Government to curb cyber and other crimes in both countries to promote regional growth and relationship, Ghanaian High ...
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World Bank Portfolio
BUSINESS & ECONOMY
World Bank loan portfolio in Nigeria now stands at $8.67bn, an investigation has shown. Loans from the International Development Association, one of the three arms of the World ...
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Gold
CHEMICAL & PETRO-CHEMICAL COVER
Nigeria and the United Arab Emirate (UAE) have agreed to deepen existing mutual cooperation between them and increase gold trade. Mr. Ishaku Kigbu, the Special Assistant on Media ...
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Senate seeks more support from IMF
BUSINESS & ECONOMY COVER NEWSLETTER
Ranks Nigeria low in sovereign wealth fund utilisation Insists on tax reforms Nigeria and other African countries taking loans from China must ensure that the terms of borrowing ...
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Piracy Incident
NEWSLETTER SHIPPING & PORT SERVICES
Nigeria recorded a 36 percent drop in reported piracy incidents at sea in the first quarter of 2019, according to the International Maritime Bureau (IMB) Piracy Reporting Centre. ...
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World Bank
BUSINESS & ECONOMY COVER
The World Bank has cut its growth forecast for Nigeria and other sub-Saharan African countries this year to 2.8 percent from an initial 3.3 percent, it said on ...
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Piracy Incident
NEWSLETTER SHIPPING & PORT SERVICES
Nigeria recorded a drop in reported piracy incidents at sea in the first three months of 2019, the International Maritime Bureau’s (IMB) has said. Nigeria has been a ...
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CIFIAN
BUSINESS & ECONOMY
Chartered Institute of Forensic and Investigative Auditors of Nigeria,  CIFIAN, has raised the alert over N25 billion cyber fraud recorded in the nation’s financial institution in the last ...
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Nigeria
BUSINESS & ECONOMY
The Federal Government on Saturday signed a $523,823 (N186 million) technical assistant agreement grant with the Islamic Development Bank (ISDB) Group, in Marrakesh, Morocco. A Finance Ministry statement ...
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Jiji
BUSINESS & ECONOMY
Jiji, a fast-growing online classifieds marketplace, has acquired OLX in Nigeria and four other African countries. As part of the deal, the OLX users in Nigeria would be ...
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IMF
BUSINESS & ECONOMY COVER NEWSLETTER
Supports tax reform Says persistent structural challenges restrain economic growth Nigeria’s economy is recovering, the International Monetary Fund has said, giving President Muhammadu Buhari’s economic initiatives a pat ...
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Ghana
OIL & GAS POWER & ENERGY
The intermittent power cuts faced in some parts of Ghana is due to engineering works on pipelines transporting gas between Ghana and Nigeria, Bloomberg has reported, citing Chief ...
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Buhari
NEWS
President Muhammadu Buhari is on his way to Dakar, Senegal, to attend the inauguration of Senegalese President, Macky Sall, according to a statement just released by Presidential spokesman, ...
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NIBSS
BANKING & FINANCE
Bank customers carried out over one million transactions on Nigeria Interbank Settlement System Instant Pay platform recorded on Sunday, live updates provided by the NIBSS has shown. NIP, ...
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SOCIETY
The Nigerian Union in South Africa (NUSA) has expressed displeasure with the alleged violent attack of Nigerians in the latest wave of xenophobic attacks on foreigners in that ...
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Software Developers
IT/TELECOM
Experts have decried the huge loss Nigerian incurs annually on foreign software. According to them, Nigeria spends over $400 million annually on foreign software licence renewal without recourse ...
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Global Happiness Report
COVER NEWSLETTER SOCIETY
As the world marks the International Day of Happiness, Nigeria is ranked 85 out of 156 countries and second in sub-Saharan Africa in 2019. This is according to ...
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Inflation Rate
BUSINESS & ECONOMY
Nigeria’s total import from India totalled N89.2 billion in the fourth quarter of 2018, according to data obtained from the National Bureau of Statistics on commodity price indices ...
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