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Nigeria, India Trade Volume Hits $14bn In Q1, 2021

Nigeria, India Trade Volume Hits $14bn In Q1, 2021     India’s volume of bilateral trade with Nigeria has reached $14 billion in the first quarter of this year, representing about a 17 per cent increase from the same period in 2020. Indian High Commissioner to Nigeria, Mr...

Nigeria Spends $14bn On Generators

Nigeria Spends $14bn On Generators   Nigerians spend about $14 billion on generators and fuel yearly to provide alternative power and further stimulate growth, the Director in charge of Nigeria, African Development Bank (AfDB), Ebrima Faal, has said. Speaking at a stakeholders’ forum in Abuja, Faal said...

Nigeria Attracted $14bn Foreign Investments In Half Of 2019 — Minister

Nigeria Attracted $14bn Foreign Investments In Half Of 2019 — Minister   Foreign investments inflows into Nigeria climbed to $14bn in half year 2019, signalling upswing in investors’ confidence, the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed has said. In spite of this, she...

CBN: Food Imports Gulped $14bn In 5 Years

CBN: Food Imports Gulped $14bn In 5 Years   Food product imports gobbled up $14.05bn of the foreign exchange supplied by the Central Bank of Nigeria in the last five years, according to data obtained from the apex bank on Thursday. The CBN’s breakdown of sectoral utilisation...

Insecurity Threatens $14bn Maritime Sector Earnings – FG

Insecurity Threatens $14bn Maritime Sector Earnings – FG The Federal Government has declared that the annual earnings of $6bn in freight cost and $8bn in oil and gas and other maritime activities have come under threat from pirate attacks, oil theft and other illegal activities...