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Nigeria Received $26.94bn Donations In six years – Fed Govt

Nigeria Received $26.94bn Donations In six years – Fed Govt         The Federal Government has said Nigeria received a total of $26.94bn development assistance funds from international donors between 2015 and 2020. The amount, according to the Minister of State for Budget and National Planning, Clement Agba,...

Stock: Market Extends Gain With N106bn

Stock: Market Extends Gain With N106bn         Trading activities on the equity market on Tuesday further closed upbeat as investors continued to take position on blue-chip stocks in anticipation of a fair third-quarter results. The key market performance measures, the NSE All-Share Index rose by 0.70 per...

Concerns Over $17bn Annual Freight Loss To Foreign Shipping Lines

Concerns Over $17bn Annual Freight Loss To Foreign Shipping Lines         Stakeholders in the maritime industry have expressed displeasure over the yearly $17 billion revenue loss to foreign ship owners due to the inability of the country to lift her cargoes. According to shipping experts and economists,...

Nigeria’s Oil Rig Count Rises By 2 As OPEC’s Decreases By 14

Nigeria’s Oil Rig Count Rises By 2 As OPEC’s Decreases By 14         Nigeria has for two months now continued to experience rise in oil production as its rig count moved up by two, having recorded 10 in September, as against eight recorded in August. Earlier in...

Air Peace To Commence Lagos-Johannesburg Flight

Air Peace To Commence Lagos-Johannesburg Flight         Air Peace will begin regular commercial flights from its Lagos hub to Johannesburg in South Africa, before the year ends, its management said. This is just as the airline has resumed flights to Enugu and Asaba which were suspended following...

Chinese Products Top Nigeria’s Imported Goods List – NBS

Chinese Products Top Nigeria’s Imported Goods List – NBS       A total of 31.41 per cent of goods imported into Nigeria are from China, according to the National Bureau of Statistics. The NBS stated in its report on ‘Foreign trade in goods statistics’ for second quarter of...