Volkswagen snubs Nigeria, moves into Kenya, Rwanda in Africa expansion

Volkswagen on Wednesday opened a new assembly plant in Kenya and launched plans for a ride-sharing…

Former Transport Minister, Porbeni brings Nelo for boat building collaboration in Nigeria

A former Minister of Transport under the regime of Gen Abdulsallami Abubakar, Admiral Festus Porbeni (rtd)…

Nigeria’s external trade drops by N104bn in Q3

Nigeria’s external trade has slumped negatively due to imbalance between imports and exports, data from the…

Romance with Taiwan threatens Nigeria’s $29b loan

Angry over Nigeria’s continued recognition of Taiwan as a sovereign nation, China may withhold part of…

Kachikwu: Nigeria gets $2b extra from oil

The agreement that Nigeria signed with joint venture partners on Thursday will increase the nation’s revenue…

Kachikwu: Nigeria gets $2b extra from oil

The agreement that Nigeria signed with joint venture partners on Thursday will increase the nation’s revenue…

Fuel subsidy removal: Nigeria saves N15.4bn monthly

Vice-President Yemi Osinbajo says the fuel subsidy removal has removed a burden of not less than…

Nigeria needs 200,000km of roads-NBRRI

The Nigeria Building and Road Research Institute (NBRRI) has said that the country needs additional 200,000km…

Fuel subsidy removal: Nigeria saves N15.4 billion monthly says Osinbajo

Vice-President Yemi Osinbajo says the fuel subsidy removal has removed a burden of not less than…

Nigeria, China Exim Bank reach $1.3bn power plant deal

The Federal Government, in partnership with the China Exim Bank, will spend about $1.3bn on the…

2017 Budget: Buhari says Nigeria will become less dependent on imports 

President Muhammadu Buhari has assured Nigerians that his administration was determined to ensure a departure from…

Nigeria lost over N1.5tr to attacks by Niger Delta militants, oil vandals in 2016

  The Nigerian Petroleum Development Company (NPDC) lost N1.5 trillion due to attacks on its facilities…