The gap between what traders bid and offer for Nigeria’s naira on the black market has…
Tag: Nigeria
Former Niger Delta militants call on Nigeria to pay stipends or face protests
Former militant leaders in Nigeria’s Niger Delta oil region have urged the government to pay out…
Nigeria, 29 others collaborate against pirates, oil thieves
In a bid to sustain the onslaught against piracy and other maritime threats in the Gulf…
West Africa Crude: Early Nigerian programmes suggest export drop in May
Nigeria’s May exports showed declines in Bonny Light and Qua Iboe, while April plans continued to…
Nigeria naira at six-month high on black market, traders say
The Nigerian naira gained 1.1 percent to a six-month high of 430 per dollar on the…
Nigeria on way out of recession, says World Economics
World Economics, a financial analysis organisation, says that Nigeria is on its way out of recession. In…
Nigeria central bank keeps rates on hold, sees naira rate improving
Nigeria’s central bank kept the main interest rate at 14 percent as expected on Tuesday and…
‘Nigeria shipping industry to recover soon’
There are indications that the shipping companies that left Nigeria may be rethinking their options as…
World Bank to invest $57bn in Nigeria, Sub-Saharan Africa
The World Bank Group President, Jim Kim said the bank would be investing $57bn to accelerate…
Nigeria to unveil road map for Niger Delta development
The Federal Government will soon unveil a comprehensive road map for the development of the Niger…
CILT International Sec-Gen visits Nigeria
Secretary-General, Chartered Institute of Logistics and Transport (CILT), Keith Newton was in Nigeria on Friday…
World Bank says Nigeria will soon recover from economic recession
The World Bank Group says Nigeria will soon recover from economic recession. Mrs Eme Essien-Lore, Country…