The Impact Of International Trade On The Nigerian Economy By Abraham John Onoja     International trade can be referred to as the exchange of goods, services and capital across international borders or territories because there is a need or want of goods or services. Such trade represents...

FEC Okays $3.02bn For PH-Maiduguri Rail Line       The Federal Executive Council (FEC) on Wednesday approved the reconstruction and rehabilitation of the Port Harcourt-Maiduguri Eastern Narrow Gauge. The cost of the project was put at $3.02bn. The decision was taken at the weekly meeting of the council presided...

Race to WTO Leadership Is Down To The Final Two Candidates     World Trade Organization members selected two final candidates -- Nigeria’s Ngozi Okonjo-Iweala and South Korea’s Yoo Myung-hee -- to advance to the final round in the race to lead the Geneva-based trade body, according...

China Becoming Apprehensive About Nigerian Loans - FG     China is becoming apprehensive about releasing loans to Nigeria following probes by the National Assembly on loans earlier released to Nigeria by the Asian nation, the Federal Government said on Tuesday. Although the government insisted that no nation...

Loans: China Can Seize Assets If Nigeria Defaults, Says Amaechi     The Minister of Transportation, Mr. Rotimi Amaechi, has said if Nigeria defaults on loans repayment, China has right to take over those assets and run them until it recovers its money. The minister spoke to journalists...

Nigeria, China Finalising Negotiations On N43.24bn Ibadan Port     Negotiations between the Federal Government and China Railway Construction Corporation Limited for the construction of the Ibadan Inland Dry Port is nearing completion, the Nigerian Shippers’ Council announced on Sunday. The CRCC is the preferred bidder for the...