Nigeria’s Economy On Track Despite Recession – FG         The Federal Government has said that Nigeria's economy is still on track despite another recession the country entered into last Saturday. Finance, Budget and National Planning Minister, Mrs Zainab Ahmed stated this at the start of the 26th...

Kaduna Constructing N4bn Mall, Targets N1.6bn Revenue Yearly         The Kaduna State Government is targeting a revenue of N1.6bn from the Kaduna Galaxy Mall currently being constructed by the China Civil Engineering Construction Corporation. Managing Director, Kaduna Market Development and Management Company, Muhammed Bayero, said the mall,...

Nigeria Losing Over N400bn Yealy From Fish Imports — Reps         Deputy Chairman, House of Representatives Committee on Agricultural Institutions, Rep. Awaji Inombek-Abiante(PDP-Rivers), has bemoaned the failure of the Nigerian government to reap over $1billion annually from the Fisheries Industry. Besides, he pledged his Committee’s commitment to...

$500m Chinese Debt Sparks Confusion In Airport Concession       Federal Government’s plan to concession airports has run into difficulties over an existing debt and pact with China to build four new terminals at the cost of $500 million. The “concession within concession”, according to the coalition of...

IMF Projects 10.4% Contraction In Global Trade         The International Monetary Fund (IMF) has projected a 10.4 per cent contraction in global trade as well as a global economic growth rate of -4.4 per cent in 2020. In the just-released biannual World Economic Outlook (WEO) report, the...

Nigeria’s Strength Lies In Export Of Services - NEPC Boss       The Managing Director and Chief Executive Officer, Nigeria Export Promotion Council, Segun Awolowo, says Nigeria has an advantage over other African countries in the export of services. Awolowo said this at the Africa-China Trade Import and...