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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...

AfDB Grows Nigerian Portfolio To $6bn

President of African Development Bank (AfDB), Akinwunmi Adesina says the bank’s total active portfolio in Nigeria has grownto over six billion dollars. Adesina who revealed this in an interview on Wednesday in Abuja, said“The bank supports Nigeria very strongly. “When Nigeria was going through a tough...

Nigeria Signs Commercial Investment Dialogue With USA

Nigeria and the United States of America (USA) have signed a Memorandum of Understanding (MoU) on an investment instrument titled US-Nigeria Commercial Investment Dialogue (CID). The two countries signed the MoU at the Federal Ministry of Industry, Trade and Investment in Abuja, yesterday. Minister of Industry,...

$300m Illegal Rosewood Logs Smuggled To China

Environmental Investigation Agency (EIA) in its recent reports has revealed that over 1.4 million illegal rosewood logs from Nigeria, worth $300 million, were laundered into China. The reports by EIA described illegal rosewood logs from Nigeria as one of the largest timber smuggling operations in...

Nigeria’s GDP Up 1.4 Percent

The Presidency yesterday described as a welcome development the latest Gross Domestic Product (GDP) figures released by the National Bureau of Statistics, with oil, agriculture and industrial sectors leading the growth. The Senior Special Assistant to the President on Media and Publicity (Office of the...