The Peoples Republic of China has disbursed over $30bn in funding support to Nigeria and other African countries to drive its cooperation plans on industrialisation and agricultural modernisation. The Director, Centre for China Studies, Mr. Charles Onunaiju, said the fund...

Vice-President Yemi Osinbajo described the continent of Africa as a land of immense opportunities, noting that Foreign Direct Investment inflow into the region was expected to hit $75.5bn by the end of this year. Osinbajo stated this in Abuja at...

The Federal Government is making plans to set strict border controls on the physical movement of dollars and other foreign currencies. This is expected to mitigate foreign exchange scarcity and check money laundering activities, it was learnt. A draft law to...

Cyber criminals have cloned the website of the Central Bank of Nigeria (CBN) with a view to defrauding the unsuspecting public. Against this background, CBN spokesman, Isaac Okorafor, has urged Nigerians to disregard any other website than the bank’s www.cbn.gov.ng. “Our...

The House of Representatives has begun investigation of the non-remittance of billions of naira by the federal, state and local governments into the Nigerian Social Insurance Trust Fund (NSITF) from 2010 to date. The House said it would set up...

Some investors from United Kingdom (U.K.) have made plans to come and train exporters of agricultural produce on the international standard for exporting their produce to forestall rejection. This was disclosed by the Minister of Agriculture and Rural Development,...