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...

Nigeria Has Room To Borrow More - Udoma Nigeria still has ample room to borrow more whenever it needs to do so, the Minister of Budget and National Planning, Senator Udo Udoma, has said. He explained that the country was not running any debt risk, adding...

Nigeria, 7 Others in Debt Pain – IMF The International Monetary Fund (IMF) Thursday, listed Nigeria among eight African countries on its debt distressed category following the failure of their fiscal consolidation to positively impact the citizens. Abebe Aemro Selassie, Director of the IMF’s African Department,...