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Nigeria Appears Risky To Long-term Foreign Investors –  Report

Nigeria Appears Risky To Long-term Foreign Investors -  Report     Nigeria’s reliance on hydrocarbons for government revenue and foreign-exchange remains a fundamental weakness of the economy, which subjects it to boom and bust cycles, a report has stated. This has also continued to affect long-term investments in...

North Korea Enjoys Bilateral Relations with Nigeria

North Korea Enjoys Bilateral Relations with Nigeria The Democratic People’s Republic of Korea (DPRK) has pledged to build on the gains of the bilateral relations with Nigeria to achieve meaningful growth. Mr Jon Tong Chol, the Ambassador, DPRK, made the promise at an event to mark...

Nigeria Still Africa’s Biggest Market- Tecno

Nigeria Still Africa’s Biggest Market- Tecno Transsion Holdings, giant mobile phone (Tecno Mobile), has described Nigeria as still the biggest market in Africa in spite of some challenges. Mr Andy Yan, Vice President, Transsion Holdings, parent company of Tecno Mobile, made the assertion in Lagos at...

Oil And Gas: Nigeria, Others To Spend Over $811 Billion On Fields

Oil And Gas: Nigeria, Others To Spend Over $811 Billion On Fields   Nigeria and other countries across the world will spend about $811 billion on 615 upcoming oil and gas fields in the next eight years, a research conducted by data and analytics firm- Globaldata,...

Smuggling from Benin Republic Worries Nigeria

Smuggling from Benin Republic Worries Nigeria Worried by the high level of cross border smuggling, Nigeria has resolved to fully implement the 2013 Memorandum of Understanding (MoU) with Benin Republic to tackle the menace. The Minister of Interior, retired Lt.-Gen Abdulrahman Dambazau, restated the nation’s commitment...

Nigeria Misses Out of Free Trade Agreement

Nigeria Misses Out of Free Trade Agreement Nigeria was obviously absent on Wednesday when African leaders signed the Largest Free Trade Agreement since the creation of the World Trade Organisation (WTO). President Muhammadu Buhari had on Sunday cancelled his trip to Rwanda due to pressure by...