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Nigeria Among Top Three Countries With Electricity Deficits – W/Bank

Nigeria Among Top Three Countries With Electricity Deficits – W/Bank         The World Bank has listed Nigeria among the three countries with the largest electricity deficits in the world. It said during the last decade, a greater share of the global population gained access to electricity than...

Nigeria’s Duty-free Export To US Shrinks To $351.73m

Nigeria’s Duty-free Export To US Shrinks To $351.73m         Nigeria’s export to the United States under a duty-free policy declined in the first nine months of 2020, recording $351.73m from January to September. According to the latest African Growth and Opportunity Act policy trade statistics, exports to...

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...

Nigeria’s Duty-free Export To US Plunges To $300.48m

Nigeria’s Duty-free Export To US Plunges To $300.48m         Nigeria’s export to the United States under a duty-free policy declined in the first eight months of 2020, recording $300.48m from January to August. According to the latest African Growth and Opportunity Act policy trade statistics, exports to...

$500m Dangote Cement Plant Debuts In Congo

Baring any hitches Dangote Cement will officially open its 1.5million metric tonnes per annum capacity Cement Plant in Congo on Thursday.  Constructed at a conservative cost of $500 million, the Plant is expected to directly employ more than 1000 people as thousands of indirect jobs will...