Only non-oil export’s forex will spur Nigeria’s economic growth – NEPC

The Nigerian Export Promotion Council (NEPC) has said only foreign exchange earnings generated from non-oil products…

UK Foreign Secretary, Boris Johnson says “Nigeria has an amazing future”

  UK’s Secretary of State for Foreign Affairs, Boris Johnson has said that “Nigeria has an…

Ethiopian Airline bids moves to acquire Nigeria’s Arik Air

By Jite Eriabie  The Ethiopian government-owned Ethiopian Airlines says it has made a bid to the…

Nigeria sets Feb 2018 deadline to end importation of fridge, AC that consume too much energy 

As Nigeria joins other nations in the use of energy efficient appliances, Standards Organisation of Nigeria…

GE, CCECC to build transport universities in Nigeria 

By Jite Eriabie  The Minister of Transportation, Rotimi Amaechi, says General Electric (GE) and the China…

Korea commits to assist Nigeria implement economic recovery plan 

The Republic of Korea on Thursday reiterated its commitment to assist Nigeria accelerate implementation of the…

Nigeria to buy MiG fighters, artillery equipment from Russia

Nigeria is considering purchasing Russian military equipment and is particularly interested in MiG fighters, Yak-130 aircraft,…

Kachikwu says Nigeria’s oil production fell below 1.8m bpd in July 

Nigeria’s oil production, excluding condensates, was slightly below 1.8 million barrels per day in July, the…

Korea to assist Nigeria with implementation of ERGP

The Republic of Korea on Thursday reiterated its commitment to assist Nigeria to accelerate implementation of…

Most fake products in Nigeria not imported from China, CNCC claims 

President, China-Nigeria Chamber of Commerce (CNCC), Ye Shuijin, on Tuesday claimed that most of the imported…

Nigeria spends N6bn annually to import tomato 

About N6 billion is currently expended annually in foreign exchange on tomato imports, says Director General…

Investment inflow into Nigeria rises by 95% to $1.7bn –NBS

The National Bureau of Statistics (NBS) on Tuesday released the capital importation report, stating that investment…