Russia to build strong economic relations with Nigeria  

The ambassador of Russia in Nigeria, Nikolay Udovichenko, said on Tuesday in Abuja that his country…

Nigeria as one of the world’s worst countries 

The Fund for Peace, a Washington D.C.-based non-profit, non-governmental research and educational institution, has ranked Nigeria…

Nigeria spends N1bn daily on rice imports, says Onu  

The Minister for Science and Technology, Dr. Ogbonanya Onu has said the country spends over N1…

Nigeria loses $5.9bn to oil theft

The Executive Secretary, Nigeria Extractive Industries Transparency Initiative (NEITI), Waziri Adio, said Nigeria lost over USD5.9billion…

Nigeria seeks trade parity with China

The Federal Government is seeking parity in its existing trade relationship with China. Minister of Information and…

Committee says lack of shipping line costs Nigeria $2.2b

Nigeria lost $2.2 billion in 2014 due to lack of an international fleet, a Ministerial Committee…

Austrian, German, Swiss imports from Nigeria hit N2.3tr

Austrian, German and Switzerland importation from Nigeria recorded about N2.3 trillion ($7.5 billion), while export from…

Nigeria is a successful investment destination, says Jadesimi

Managing Director of LADOL, an oil and gas fabrication and multi-logistics services base in Lagos, Nigeria,…

Nigeria to get Chinese OPVs later than planned, receives nine boats from Sri Lanka

The Nigerian Navy will receive its second P18N offshore patrol vessel (OPV) later than planned, with…

Nigeria, U.S. trade hits $799.9m in two months

The bilateral trade between Nigeria and the United States of America (U.S.), from January to February…

Investment inflow into Nigeria drops to nine-year low –NBS

The National Bureau of Statistics (NBS) yesterday released the capital importation report for the first quarter…

Nigeria moves up one notch on ease of doing business

Attempts by the Federal Government to improve the ease of doing business have yielded positive results…

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