China, Nigeria bilateral trade hit N4.97trillion The Consul-General of the People’s Republic of China in Lagos, Mr Chao Xiaoliang, says bilateral trade between China and Nigeria in 2017 amounted to about N4.97 trillion (13.78 billion dollars). Chao made the announcement at the celebration of the Chinese...

Nigeria, Others Share Data on Overseas Bank Accounts, Property Owned By Nigerians. The Federal Government of Nigeria and some foreign countries, including the United Kingdom Government, have commenced the Automatic Exchange of Tax Information (AETI), particularly on overseas assets held by Nigerians. The Honourable Minister of...

Refinery: Nigeria, Niger To Build One In Border Town Nigeria and the Niger Republic have agreed to construct a refinery in a border town located between both countries and close to Katsina State. According to the Federal Ministry of Petroleum Resources, an agreement was reached between...

Nigeria Ranked Low On Budget Transparency Index Nigeria slipped into 90th place behind Zimbabwe and Afghanistan in the global Open Budget index released on Thursday. Nigeria’s score on the open budget index dipped from 24 in 2015 to 17. In Africa, Nigeria currently ranks 23 behind...

Nigeria’s Stocks Among Best-Performers Globally Nigeria’s stocks have been rated among the world’s best-performers in the past four months, just as Bloomberg reported on Monday that the good performance was because of foreign investors. The New York-based financial software, data, and media company, said net foreign...

Nigeria’s External Reserves hit $40.4 Billion …As CBN injects $210 m into interbank market As projected by the Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele at the Annual Bankers’ Dinner of the Chartered Institute of Bankers (CIBN) in Lagos last November, the nation’s External...