Nigeria’s central bank will soon resume selling large volumes of dollars on the spot market and…
Tag: Nigeria
Why Nigeria experienced N290bn trade deficit in 2016 – NESG
The Nigerian Economic Summit Group (NESG), yesterday, gave an insight into why Nigeria experienced trade deficit of…
Nigeria loses N9bn revenue annually to illegal fish importation
The Association of Indigenous Sea Food Stakeholders says the country loses N9bn revenue annually to illegal…
OPEC’s war on oil overhang starts to bear fruit
OPEC appears to be slowly winning the battle against a global overhang of crude and oil…
Shell says it knew some payments for Nigeria oilfield would go to Malabu
Royal Dutch Shell has said it knew that some of the payments it made…
OPEC members invest in 160 projects worth $156bn
Members of the Organisation of Petroleum Exporting Countries (OPEC), have budgeted to invest in 160 oil…
Nigeria getting out of recession, says minister
The Minister of State for Power, Works and Housing, Alhaji Mustapha Shehuri, has said that the…
West Africa Crude: India’s IOC issues new tender, Bonga trades
Some Nigerian crude traded following the award of several tenders that held up the market, while…
Eni, Shell deny wrongdoing in Nigeria after allegations of improper payment
Oil majors Royal Dutch Shell and Eni reiterated on Monday that neither they nor their personnel…
Nigeria loses N10bn monthly at Tin Can Area 11 – ANLCA
The Association of Nigerian Licensed Customs Agents (ANLCA), says the Federal Government loses more than N10…
Nigeria’s economic outlook in 2017
By Ayo Teriba Global gluts and Nigeria’s growth and stability Nigeria’s economy came to be defined…