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   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   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   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...

Nigeria’s Future Depends On The Non-Oil Sector - Osinbajo   Vice President Yemi Osinbajo on Saturday reiterated the Federal Government’s position that the nation’s future lies in the non-oil sector. Osinbajo spoke at the inauguration of a recreational and entertainment facility, The Dome, in Abuja. He said the...

Nigeria Leads South Africa In Foreign Reserves   Nigeria is leading South Africa in net foreign reserves as Nigeria’s reserve hits $47.37 billion (N17 trillion) in March, 2018 to beat South Africa which has $43.15 billion. Nigeria which recently recovered from economic recession with less than $21...