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Nigerian-economy

Nigeria’s economy records sluggish growth in Q2 

  Nigeria’s economic growth slowed to an annual rate of 1.94% in the three months to the end of June, the second quarter in a row of decline as the country...

Alphaliner raises fresh hopes for container shipping recovery 

Alphaliner: Containership giants to continue driving fleet growth

Over the last decade, overall containership fleet growth has been driven by demand for larger ships – a trend that is not expected to be reversed soon, according to...

Container volume hits 7m TEU at Port of New York and New Jersey

Port of NY & NJ unveils 30-Year plan for future growth

The Port of New York & New Jersey has revealed a new development framework amid a record growth in cargo volume. The “Port Master Plan 2050” follows an extensive...

Venezuela files WTO complaint over Colombia's fuel import rules

WTO quarterly trade growth indicator remains at nine-year low

The World Trade Organization (WTO) quarterly outlook indicator showed on Monday that global goods trade growth was likely to remain weak, with a reading of 96.3,...

Nigeria records 2.38% GDP growth in Q4 2018 - NBS

Nigeria records 2.38% GDP growth in Q4 2018 – NBS

The National Bureau of Statistics (NBS) on Tuesday said Nigeria’s Gross Domestic Product (GDP) grew 2.38 percent in the last quarter of 2018, an increase of 0.27...

CASS forecasts 3.5% growth for world economy

CASS forecasts 3.5% growth for world economy

The world economy will see annual growth of 3.5 percent in 2019, according to a forecast by economists of the Chinese Academy of Social Sciences (CASS), attributing the...

Nigeria records 2.38% GDP growth in Q4 2018 - NBS

Non-oil sector boosts Nigeria’s economy growth by 1.8%

Nigeria’s economy boosted by the non-oil sector, grew 1.81 percent in the third quarter of 2018 from a year earlier, the National Bureau of Statistics (NBS) said on...

Nigeria records 2.38% GDP growth in Q4 2018 - NBS

Nigeria’s economy records 1.95% growth in Q1

  The National Bureau of Statistics (NBS) on Monday said Nigeria’s economic growth slowed in the first quarter of 2018 for the first time since the country pulled...

Nigeria records 2.38% GDP growth in Q4 2018 - NBS

Nigeria’s economy returns to growth in 2017 after recession -NBS

Nigeria returned to growth in 2017 after suffering its first recession in a generation the previous year, data released from the National Bureau of Statistics (NBS)...

Olusegun-Obasanjo

Obasanjo: Neglect of private sector retarding growth

Former President Olusegun Obasanjo yesterday attributed the slow rate of infrastructural development in Nigeria to lack of synergy between the public and private...

Textile companies in Nigeria have decried the increase in cost of raw materials, saying it, has affected the level of production.

Nigerian economy moving out of recession – FG

The Presidency on Tuesday said the nation’s economy which is currently in recession was currently on course for recovery and growth. This was contained in the 23rd...