FG approves closure of 5 Expensive Foreign Missions The Federal Government of Nigeria has approved the closure of five foreign missions and embassies, Minister of Foreign Affairs, Mr Geoffrey Onyeama said. The minister who did not mention the embassies or missions, said the process for closure...

Nigeria SavesN300bn Annually in Overseas Training- Dr. Kabir K. Usman- DG CMD. The Centre for Management Development (CMD), under the leadership and tactful guidance of Dr. Kabir Kabo Usman has gone beyond its core statutory mandates by infusing noble ideas in every area of its...

Nigeria’s recovery in 2017 is currently premised on luck, cyclical upturn, rather than hard work, countercyclical policies or economic reforms. Assuring the sustenance of the recovery will require more than luck. Policies would be required to open Nigeria up for investment inflows that will...

Forex: Dealers subscribe fully to CBN $150m wholesale offer... …CBN sells $10,000 to BDCs The Central Bank of Nigeria has announced interventions in the retail auction window for forex sales to the airlines, manufacturing, agricultural and petroleum sectors. The Spokesperson of CBN, Isaac Okorafor said that that banks...

The World Bank’s Board has approved a $200 million credit to support the Government of Nigeria’s response to the acute humanitarian and forced-displacement crisis triggered by the Boko Haram conflict in North East Nigeria. The project will provide multi-sectoral crisis recovery in the states of...

The Chinese Deputy Ambassador to Nigeria, Mr. Lin Jing, said Chinese investments in country have hit over $13 billion. He said China was also demonstrating its commitment to Nigeria’s friendship and development through the $1.3billion Lagos-Ibadan Railway Project. He added that the $326 million 30 rice...