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Boom for Nigeria as Oil Prices hit $73.79 a barrel

Boom for Nigeria as Oil Prices hit $73.79 a barrel An improvement in Nigeria’s oil earnings is on course as prices held firm on Friday near three-year highs reached earlier this week as ongoing OPEC-led supply cuts, as well as strong demand, gradually draw down...

Leveraging On Technology To Advance Nigeria’s Economy

Leveraging On Technology To Advance Nigeria’s Economy   With the evolution of modern technologies across the globe, the government and the private sector must leverage on new technologies to boost the Nigerian economy, writes Emma Okonji The large population size of Nigeria has always been a good...

Financing Nigeria’s Economic Growth

Financing Nigeria’s Economic Growth   The country’s huge infrastructure deficit underscores the need for capital mobilisation required to finance activities and ensure sustainable growth, writes Obinna Chima Globally, the relationship between the financial system and development remains very critical for any economy to realise its potential. Financial system...

IMF Predicts Oil prices Crash soon

IMF Predicts Oil prices Crash soon ...Nigeria will Grow By 1.9% in 2019 The International Monetary Fund (IMF) has predicted that Nigerian economy will grow from 0.8 per cent in 2017 to 2.1 per cent by the end 2018, while warning of possible crash in crude...

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...