Osinbajo Defends $73bn Debts Incurred By Nigeria   Vice-President Yemi Osinbajo on Tuesday defended Nigeria’s $73bn debts despite admitting that the debt profile grew by another $10bn between 2015 and this year. In 2015, the VP said the debt size was $63bn, growing by $10bn to hit...

Trade War: Adopt Policies To protect Nigeria’s Economy - Emefiele   Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele Wednesday said that Nigeria should take a cue from the ongoing global trade war by adopting policies to protect the local economy. Emefiele made this call...

Nigeria, Norway Seek Stronger Ties As Trade Hits $30bn With Nigeria being Norway’s largest trade partner on the continent, both economies have stressed the need to strengthen the bilateral ties even further.Indeed, both economies with apparently the same Gross Domestic Product (GDP) size believe that...

Nigeria’s FDI Inflow To Hit $1.160bn In 2020, Analysts Predict Foreign capital inflow to Nigeria is expected to reach $724.41 million in 12 months’ time, according to Trade Economics analysts, which also projected that in the long-term, foreign capital importation into the country would trend...

Chinese Company To Invest In Major Projects In Nigeria A leading Chinese green industry company, Elion Resources Group, has signed a Memorandum of Understanding (MoU) in Nigeria as part of its exploration of investment opportunities in the country in the areas desertification control, agriculture and...

Nigeria Losing 500mmscf Of Gas Daily   The Nigerian National Petroleum Corporation stated on Monday that on a daily basis, over 500 million standard cubic feet of gas were being shut in by producers as a result of the problems in the power sector. According to the...