Nigeria Targets 7% Growth in Next 3 Years- Adeosun Nigeria’s Finance Minister, Mrs. Kemi Adeosun, has disclosed that the country’s economic outlook for the year 2018 and beyond was positive and now resilient after exiting recession and has the potential to achieve a seven per...

Nigeria to Power Varsities With Solar Energy - Osinbajo Despite the sectoral challenges, Nigeria’s current administration will complete major projects that will improve the power sector in the country and also implement a plan that will provide solar energy in a number of universities in...

Nigeria Assures Businesses of Protection in Africa Free Trade Nigeria would protect the interest of businesses in the new African Continental Free Trade Area (AfCFTA) agreements, the Foreign Affairs Minister, Mr. Geoffrey Onyeama, has said. Onyeama told newsmen after a meeting with a cross section of...

Nigeria Power Generation to hit 100,000mw by 2030 The Energy Commission of Nigeria (ECN) has predicted a growth of up to 100,000 megawatts power generation in the country by 2030. Prof. Eli Bala, the ECN’s Director-General, disclosed this in a chat with newsmen in Abuja. Bala said...

World Bank Begins Preparation Towards Nigeria’s $500m Power Distribution Project     The World Bank has commenced preparations for the $500m Nigerian Electricity Distribution Improvement Project. It was learnt that the bank had conducted a fact-finding mission in the distribution sub-sector of the industry in order to ascertain...

Nigeria Exits Recession and Looks Beyond Oil-IMF Nigeria’s economy is picking up according to International Monetary Fund’s (IMF) latest economic review. According to IMF, growth hit 0.8 percent in 2017 after contracting by 1.6 percent in 2016. The report attributes the increase—in part—to the recent...