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Refinery: Nigeria, Niger To Build One In Border Town

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 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 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

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...

Pakistan reverts to Nigeria’s gas

Pakistan has commenced buying Liquefied Natural Gas (LNG) as part of efforts to deepen the economic relationship with Nigeria. Pakistan Head of Chancery, Mr. Asim Khan, told the newsmen in Abuja that the first consignment of 70,000 metric tons of gas arrived at Pakistan’s Port...

Aliko Dangote is ‘Pride of the Black Race’- Ganduje

Business Mogul and President/CE of Dangote Group, Aliko Dangote, has been described as the ‘Pride of the Black Race by the Kano state Governor, Dr.  Abubakar Umar Ganduje, just as he said the businessman is a blessing to Nigeria in particular and Africa in...