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World Bank Investments In Nigeria Hikes To $8.52bn

World Bank Investments In Nigeria Hikes To $8.52bn   Nigeria’s liabilities to the World Bank Group now stands at $8.52bn, investigation has shown. Statistics obtained from the Debt Management Office in Abuja on Wednesday showed that the group’s portfolio rose from $5.73bn as of March 31, 2015...

Nigeria, Niger Sign MOU on Pipeline/Refinery Projects

Nigeria, Niger Sign MOU on Pipeline/Refinery Projects Nigeria and the Republic of Niger have signed a Memorandum of Understanding (MOU) for the Niger/Nigeria Hydrocarbon Pipeline & Refinery Projects & Inauguration of the Steering and Technical Committees held in Abuja. Both President Muhammadu Buhari and his Niger...

Study Shows Nigeria May Be Major Loser – Oyejide

Study Shows Nigeria May Be Major Loser - Oyejide A professor of Economics at the University of Ibadan and the Chairman, Centre for Trade and Development Initiatives, Bodija, Ibadan, Ademola Oyejide, has conducted a study on an analytical comparison between two major countries in Africa...

Nigeria Attracts $1.3bn US Investment

Nigeria Attracts $1.3bn US Investment   United States of America’s companies operating in Nigeria invested $1.3bn in the economy in 2017, a survey by the American Business Council has shown. The investment, according to the council, generated over N2.6tn revenue for the 74 American companies that participated...

Nigeria to Benefit From Trade War – Report

Nigeria to Benefit From Trade War - Report President Donald Trump’s trade protectionist measures will ultimately benefit Nigeria, as escalating global trade tensions are expected to give additional support to Brent Crude prices, a report has stated. The latest round of trade wars saw the US...

We’ve Spent $300m On Community Projects In Nigeria – World Bank

We've Spent $300m On Community Projects In Nigeria - World Bank The World Bank says it has spent $300 million out of the $415 million earmarked to support Community and Social Development Projects (CSDP) across 30 states of the federation and the FCT. Prof. Foluso Okunmadewa,...