Standard & Poor’s Global Ratings has further downgraded Nigeria’s sovereign credit rating to ‘B’, five levels…
Tag: Nigeria
Canadian oil firm buys into oil-prone block offshore Nigeria
Canadian Oil firm, COPL has acquired 80% of the share capital of Essar Exploration and Production…
Nigeria government slams $635m charges on Agip, Total over undeclared cargoes
Cash strapped Nigeria’s Federal Government is demanding $635 million from two multinational oil companies, Agip and…
Vehicle imports into Nigeria has gone down by 60% – PTML Boss
Despite the harsh reality of current operational environment, Nigeria’s biggest RoRo port operator, PTML is navigating…
Nigeria to export first Qua Iboe crude oil September ending
Loadings of Nigeria’s Qua Iboe crude will resume in late September, more than two months after…
Making Nigeria regional hub: Task before NPA
By AbdulkadirNuhu Over the years, there has been the agitation for which country is best suitable…
Nigeria imports rice worth $6m daily – Ogbeh
The Federal Government has said the country spends $6m on the importation of rice daily. The…
Global oil prices dip on Libya, Nigeria fuel supply
World oil prices fell Friday as the prospects of higher output from Libya and Nigeria further…
Group accuses two Swiss companies of importing dirty fuel into Nigeria
A non-governmental organisation, Africa Network for Environment and Economic Justice (ANEEJ), has raised the alarm over…
Nigeria needs $2.5bn a week to import goods – Ogbeh
The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, on Wednesday in Abuja said Nigerian…
Nigeria’s food imports bill rises to N6.6 trillion a year
The Minister of State for Agriculture and Rural Development, Heineken Lokpobiri, has said that Nigeria spends…
Nigeria export full of challenges
By Foster Obi While the Nigerian government preaches diversification to boost the economy, investigation however show…