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Nigerian-economy

Nigeria now 14th in Africa in best countries for business 

Forbes has rated Nigeria as the 110th best country for business in the world and the 14th in Africa in 2019.  A total of 161 countries were rated by the Forbes report....

U.S. awards BP, Serica licence for North Sea field

BP okays Africa’s deepest offshore LNG project

Oil major, British Petroleum (BP), and its partners, have given the green light for the development of a large gas project off the coast of Mauritania and Senegal. This...

Osinbajo: Nigeria is best investment destination in Africa 

Osinbajo: Nigeria is best investment destination in Africa 

Vice President Yemi Osinbajo said Nigeria still remains one of the best investment destinations in Africa even as ease of doing business continues to improve. Prof....

Trade facilitation: Afreximbank set up programme to aid African banks

Right policies can boost $15bn intra-African trade – Afrieximbank

African Export-Import Bank (Afreximbank) on Thursday, said Africa accounts for only 15 percent of the continent’s $1 trillion of total trade in the world yearly. The...

Buhari

Buhari will make Nigerian ports a hub in Africa, says Peterside

Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside, on Tuesday said President Muhammadu Buhari, had the national...

CBN Governor, Godwin Emefiele.

U.S. worried over Africa-China currency swaps deals

The United States on Thursday raised concerns over increased currency swap agreements between China and African nations. It said swap agreements will reduce visibility...

EU President, Jean-Claude Juncker - 3rd story

Junker: EU should offer free trade agreement to Africa

The European Commission President Jean-Claude Juncker said in a keynote speech on Wednesday European Union should offer a free trade agreement to the whole of the...

EU will retaliate if U.S. imposes car tariffs, Juncker warns

EU mulls free trade pact with Africa

The European Commission President Jean-Claude Juncker said in a keynote speech on Wednesday European Union should offer a free trade agreement to the whole of the...

FG mulls legal instrument to unlock offshore gas exploration

China has an edge over UK, U.S. in Africa – Kachikwu

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has said China’s edge over the U.S. and UK in Africa is because it is providing what Africa needs....

China pledges $60bn in financial support to Africa

China pledges $60bn in financial support to Africa

China’s President Xi Jinping, at the opening of a major China-Africa summit on Monday, said China will provide $60 billion in financial support to Africa. The...

China okays $6bn for airport expansion

China records N4.17tr trade with Africa in 7 months

  The Consul-General of China in Lagos, Chao Xiaoliang, has said the volume of trade between China and Africa from January to July this year now stands at about...

Bilateral Free Trade: U.S seeks partnerships with Africa

Bilateral Free Trade: U.S seeks partnerships with Africa

The United States has said that it was looking for African countries that would be interested in bilateral free trade agreements with it. The U.S. Deputy Assistant...