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Nigeria, Netherlands trade volume hit N1.2trn

Nigeria, Netherlands trade volume hit N1.2trn Nigeria Ambassador to the Netherlands, Oji Ngofa has expressed satisfaction with the current volume of trade between the two countries, which stood at three billion Euro (N1.2trillion) in the first quarter of 2018. Ngofa made this known to Journalists in...

Nigeria, Niger To Sign MoU For Refinery Construction

Nigeria, Niger To Sign MoU For Refinery Construction   The Presidents of Nigeria and the Republic of Niger will next month sign the Memorandum of Understanding for the construction of a new 100,000 barrels per day refinery that will be located in the border town of...

IMF Not Troubled About Nigeria’s Debt – Adeosun

IMF Not Troubled About Nigeria’s Debt - Adeosun   The Minister of Finance, Mrs. Kemi Adeosun, has said that the International Monetary Fund is not troubled about Nigeria’s debt profile. Adeosun said that the country had enough capacity to repay its debt obligations estimated at N21.7tn. She explained...

Nigeria Spends N288bn On Fish Importation Annually

Nigeria Spends N288bn On Fish Importation Annually   Following ongoing effort by the federal government to diversify the nation’s economy, it has emerged that Nigeria can save over N288 billion ($800 million) being spent on the importation of fishes annually, if the nation’s deep ocean resources...

India Boosts Nigeria’s Power Supply With $174m

India Boosts Nigeria’s Power Supply With $174m   The Indian High Commissioner to Nigeria Shri Reddy has said his country has offered about $174.96million to boost power supply in Nigeria. Mr Reddy disclosed this yesterday when he spoke at a workshop organised by All Indian Universities Alumni,...

ECOWAS Predicts 2.1% Growth Rate In 2018 For Nigeria

ECOWAS Predicts 2.1% Growth Rate In 2018 For Nigeria   The Economic Community of West African States (ECOWAS) on Tuesday predicted a growth rate of 2.1% for Nigeria in 2018, as against 1.6% in the previous year. The regional body also said that it would put everything...