The International Monetary Fund has cut its 2017 economic growth forecast for Nigeria. The Washington-based lender said in its World Economic Outlook Report that Nigeria’s economy would contract by 1.7 per cent this year and expand 0.6 per cent in 2017, less than the 1.1...

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has said described preparedness and core training as the panacea for handling oil spills in the maritime environment. The Director General said this while addressing participants at the eight day...

The European Union (EU) and the ECOWAS Commission have called on the Federal Government to sign and ratify the Economic Partnership Agreement (EPA) between them to enhance economic development.The appeals were made by Mr. Filippo Amato, Counselor, Head of Trade and Economic Section of...

After twelve solid months of zero export of Nigerian dry beans, the European Union has extended its ban on importation of dried beans from Nigeria by another three years. Dr Vincent Isegbe, the Coordinating Director, Nigeria Agricultural Quarantine Service (NAQS) disclosed this in a chat...