UAE pushes for deeper ties with Nigeria, trade hits N1.7bn

United Arab Emirates Ambassador to Nigeria, Amb. Fahad Altaffag on Monday expressed his country’s desire to…

Hibiscus flower: Nigeria earns $35m from export in one year 

Nigeria earned over $35 million from the export of hibiscus flower (known in local parlance as zobo) last…

Nigeria loses $325m annually to textile smuggling

The Federal Government is losing about $325 million revenue annually to the smuggling of textiles into…

Nigeria owing IOCs $5.1bn

The Nigerian National Petroleum Corporation (NNPC) has put Nigeria’s indebtedness to international oil companies (IOCs) through…

Nigeria is world’s 9th largest importer of sugar 

Nigeria is the world’s largest importer of sugar, at 1.87 million metric tonnes, a report released…

NBS: Nigeria’s FDI increased in Q3

Nigeria’s Foreign Direct Investment (FDI) rose by 50.75% in the third quarter of 2018, according to…

Non-oil sector boosts Nigeria’s economy growth by 1.8%

Nigeria’s economy boosted by the non-oil sector, grew 1.81 percent in the third quarter of 2018…

How can Nigeria attract more foreign direct investment?

Foreign Direct Investments remain a major source of industrial growth and development as well as a…

SEC: Nigeria’s infrastructure deficit to hit $878bn by 2040

The Securities and Exchange Commission (SEC) on Sunday said that the country’s infrastructure deficit would hit…

NGO says Nigeria can end rice importation by 2020 

Rice importation into Nigeria would end by 2020, the Policy Adviser of the John Kufuor Foundation…

Nigeria can end rice importation by 2020- NGO

Policy Adviser, John Kufuor Foundation (JKF), Hon. Abraham Dwuma, says rice importation into Nigeria would end…

Nigeria’s monthly import bill drops from $665.4m

The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, says the various initiatives aimed at…