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Nigeria’s Future Depends On The Non-Oil Sector – Osinbajo

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 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...

Nigeria Airports Record 210,693 Flight Movement

Nigeria Airports Record 210,693 Flight Movement   30 Nigerian airports recorded 210, 693 number of aircraft movement in 2017, a data released yesterday by the Nigerian Civil Aviation Authority (NCAA) has shown. This comprised 105, 360 arrivals and 105,333 departures, it was learnt. This figure is different from...

Nigeria, Others Lose N2.89tn To Foreign Insurers Annually

Nigeria, Others Lose N2.89tn To Foreign Insurers Annually   Nigeria, Ghana and other regional insurance markets annually lose a whooping N2.89 trillion($8billion) to offshore insurance markets mainly in Europe and America, due to fragmented nature of African insurance markets. This, had resulted to the inability of firms...

Between IMF Austerity Measures and Nigeria’s Economic Model

Between IMF Austerity Measures and Nigeria’s Economic Model Edward Kosofe explains why the International Monetary Fund (IMF)/World Bank’s Spring Meetings are now more positive for Nigeria. The recent IMF/World Bank Spring Meetings must have been a much more pleasant experience for the team led by the...

Kenya Endorses African Free Trade Agreement

Kenya Endorses African Free Trade Agreement Kenya has ratified the African Continental Free Trade Area (AfCFTA) agreement and was planning to submit to Africa Union Commission. The country’s parliament ratified the Agreement and the government is to submit the signed document to the Chairperson of the...