The Peoples Republic of China has disbursed over $30bn in funding support to Nigeria and other African countries to drive its cooperation plans on industrialisation and agricultural modernisation. The Director, Centre for China Studies, Mr. Charles Onunaiju, said the fund was part of the $60bn...

Nigeria has for the first time been recognized as one of the top 10 most improved economies in the world. The country has also moved up 24 places to 145th in the World Bank’s ‘Doing Business’ report. The World Bank Doing Business project provides objective...

The Deputy Chairperson of the African Union Commission, Amb Thomas Quartey, has said African countries lose an average of 50 billion dollars annually through Illicit Financial Flows (IFFs). Quartey said this in Abuja at a preparatory meeting towards Nigeria’s role as the champion of the...

A local steel maker, African Industries Group, has noted that Nigeria can potentially save about $650m annually if all the steel companies produce at 100 per cent capacity. The Group Executive Director, African Industries Group, Uche Iwuamadi, stated this during a stakeholders’ meeting in Lagos...

The Director-General of the Nigerian Civil Aviation Authority (NCAA), Capt. Muhtar Usman has said that Nigeria is preparing the aviation sector to develop the capacity and infrastructure that will enable it accommodate the expected passenger surge in the next 13 years. The International Air Transport...

The Nigerian National Petroleum Corporation has announced an increase of 1.97 per cent in the country’s gas flare rate. According to the national oil firm, in its latest monthly financial and operations report for August 2017, the country’s gas flare rate increased from 10.03 per...