Saudi-Nigeria Trade Volume Hits $600m By Zekeri Idakwo The trade volume between Saudi Arabia and Nigeria has hit a record high of more than $600m in recent times. This was made known when the Royal Embassy of Saudi Arabia in Abuja celebrated the country's 93rd National Day...

Fuel Scarcity Looms as Forex Shortage Halts Importation   Oil marketers are increasingly worried they can’t import petrol due to the dollar shortage in the country. Despite the deregulation of the downstream sector, concerns have been raised about the potential comeback of the country’s persistent fuel...

Manufacturers Incur Heavy Losses As Inflation, Forex Crisis Get Worse   In apparent reflection of the depreciation in the value of the Naira coupled with the sustained inflationary pressure, the cost of raw material input for consumer goods companies rose by 18.5 percent in the first...

How Multiple Taxation, Poor Infrastructure Are Killing Businesses - Stakeholders   Stakeholders in the Small and Medium Enterprises (SMEs) sector has called on the Federal Government as a matter of urgency to harmonize the tax administration of the country in order to avert the total collapse...

Stock Exchange: Energy Sector Records 3.6% Gain in One Week   Over the last seven days, the Nigerian stock market has remained flat, although the energy sector gained 3.6% in that time. More promisingly, the market is up by 69% over the past year. Economic Confidential reports that...

PPP's $10bn Scheme Targets Food Security in Africa, Middle-East - UN The former Secretary-General of the United Nations, Ban Ki-Moon, has stated that a $10 billion Public-Private Partnership Initiative is expected to bring climate-resilient food security and food systems transformation to millions in Africa and...