Turkish president Desires $100bn trade deal with U.S. Turkey’s President Recep Tayyip Erdogan on Tuesday called for U.S. investment in Turkey, stressing that Ankara expects to reach a $100-billion-trade target with the United States. “We want more U.S. companies to invest...

FG Gets N2trn in first half 2019 – D-G Budget The Federal Government received two trillion naira(2trn) as revenue from January to June 2019, Director-General of the Budget Office, Mr Ben Akabueze, has said. Akabueze disclosed this at the Public Consultative...

FAAC Shared N3.84trn in First Half of 2019 Not less than N3.84trillion was shared by Federal, States, Local Governments and others between January and June this year. During the same period, nine states representing 25% of all the states of the...

Oil rises as Saudi backs OPEC cuts to continue Oil rose on Monday on expectations that Saudi Arabia, the world’s largest oil exporter, will continue to support output cuts by OPEC and other producers to prop up prices under new...

Nigeria is dumping ground for obsolete technologies – NACETEM Nigeria has become recipient of obsolete and misfit technologies, a research carried out by the National Centre for Technology Management (NACETEM) reveals. NACETEM is an agency of Nigeria’s Federal Ministry of Science...

Debt Burden Weighs on Africa fragile economic recovery—World Bank Africa’s pace of economic growth is set to pick up this year but the recovery remains patchy and debt levels are soaring, adding urgency to the continent’s drive to boost trade,...