Last month, precisely on November 6, 2018, the United States Consul-General in Lagos, Mr. F. John…
Tag: Nigeria
Minister accuses Benin Republic of frustrating Nigeria’s anti-smuggling effort
The Minister of State for Agriculture and Rural Development, Senator Heineken Lokpobiri has decried the abuse…
Oil price slump: How can Nigeria guard against economic vulnerability?
Nigeria’s economy will remain vulnerable as long as we depend on the oil sector for…
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…
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…