Chinese Firms Executing $47bn Key FG's Projects
At least 22 major infrastructural projects worth over $47bn have been linked to Chinese firms as China continues to support its companies to win prime contracts in Nigeria to maintain a foothold on the nation’s economy.
The projects cut...
External Reserves Drop Below $47bn, Lowest Since April
The nation’s foreign exchange reserves have dropped below $47bn, losing $251m in the first six days of the month, data from the Central Bank of Nigeria showed on Tuesday.
The reserves, which stood at $47.119bn as of July...
Nigeria’s Foreign Reserve Hits $47bn Says President Buhari
President Muhammadu Buhari yesterday said the country`s foreign reserve has risen to $47 billion as at April 9, 2018 up from $29.6 billion in May 2015.
He made this disclosure at the 17th National Productivity Day and Conferment...