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JUST IN: Victory For Nigeria as UK Court Quashes $11bn P&ID Case

JUST IN: Victory For Nigeria as UK Court Quashes $11bn P&ID Case   After over five years of legal fireworks, Nigeria has finally succeeded in halting the enforcement of the $11 billion arbitration award in favour of P&ID. In a judgment delivered by email, Robin Knowles, justice...

In Three Years, Nigeria’s Export to Angola Hits $16.8m

In Three Years, Nigeria’s Export to Angola Hits $16.8m Nigeria's exports to Angola hit $ 16.8 million between 2020 and 2022, the Secretary of State for International Cooperation and Angola communities, Domingos Lopes, said. Lopes stated this at the first interactive Angola-Nigeria business forum held in...

Nigeria, Others to Get £150bn for Infrastructure – EU

Nigeria, Others to Get £150bn for Infrastructure - EU The European Union (EU) is to disburse 150 billion Euros in four years by 2027 through its Global Gateway Initiative to Nigeira and other African countries to enhance infrastructure in over eight sectors. The EU Commissioner for...

Illegal Organ Harvesting: Ending the Source of ‘Blood Money’ in Nigeria By Aishat Mohammed

Illegal Organ Harvesting: Ending the Source of 'Blood Money' in Nigeria   By Aishat Mohammed Illegal organ harvesting is a crime that is well known all over the world. It is one of the biggest ways of earning "blood money" and has caused the deaths of many...

Nigeria’s Inflation Rate Rises to 26.72%

Nigeria's Inflation Rate Rises to 26.72%   Nigeria’s inflation rate has climbed to 26.72 per cent, marking a 0.92 per cent increase from the previous month’s 25.80 per cent. The National Bureau of Statistics (NBS) disclosed this on Monday via its latest Consumer Price Index report for...

IMF Says Inflation Will Slow Nigeria’s Economic Growth to 2.9%

IMF Says Inflation Will Slow Nigeria’s Economic Growth to 2.9%   Inflation will slow Nigeria’s economic growth to 2.9 per cent in 2023, the International Monetary Fund (IMF) has predicted. It also downgraded the country’s economic growth prospect by 0.3 percentage points to 2.9 per cent for...