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
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...
W/Bank Projects Oil Price Of $44 In 2021
The World Bank has said that oil prices won’t be rising much next year either, but would average $44 per barrel, saying that prices will not recover to pre-pandemic levels at least until 2022.
In its semi-annual Commodity...
Trade In Medical Supplies Rise By 50%
Trade in COVID-19 medical supplies such as personal protective equipment, disinfectants, diagnostic kits, oxygen respirators and other related hospital equipment has risen by 50 per cent since April.
A new study by the United Nations Conference on Trade and...
WTO: Okonjo-Iweala on the cusps of history
Who becomes the next Director-General of the World Trade Organisation (WTO) in a matter of weeks? It will surely be either Nigeria’s Ngozi Okonjo-Iweala and South Korea’s Yoo Myung-hee.
Members of WTO have since picked the two celebrated women...
OPEC Raises 2020 Demand Forecast Over China’s Recovery
The Organization of the Petroleum Exporting Countries (OPEC), has raised its global oil demand forecast for 2020 by 60,000 barrels per day (b/d) from last month to 90.29 million b/d in October, as it sees an improvement...