Nigeria Losing $3bn To Illegal Mining - NEITI
The Director, Technical, Nigeria Extractive Industry Transparency Initiative, Dr Dieter Bassi, has said Nigeria is losing $2bn-$3bn to illegal mining.
He said this during a town hall meeting on the dangers of foreign illegal mining in Nigeria on...
Poor Vaccination, Policy’ll Slow Economic Recovery In Nigeria – IMF
The International Monetary Fund says slow vaccine rollout and stark differences in policy space are the leading reasons why economic recovery in Nigeria and other sub-Saharan African countries will be the slowest in the world.
The...
Nigeria, Turkey Sign Eight Pacts On Energy, Mining, Others
Nigeria and Turkey have signed a series of bilateral agreements and memoranda of understanding on a number of key sectors of energy, defence industry, mining and hydrocarbons among others
This was the outcome of the two-day official...
AfDB Pledges To Support Nigeria In Tackling Food Insecurity
The President of the African Development Bank Group, Dr Akinwumi Adesina, has said that the bank will provide Nigeria with strong support to tackle its food security challenges.
He said this while he received a high-level Nigerian...
World Bank Reviews $157bn Support To Nigeria, Others
The World Bank Group (WBG) has assessed its $157 billion support given to Nigeria and other developing economies to fight COVID-19 pandemic. Nigeria got $3.4 billion support from the bank in May to strengthen the economy and...
Nigeria’s Oil Output Lower Than OPEC Quota
Nigeria saw its crude oil production increase slightly last month to about 1.25 million barrels per day, which is 360,000 bpd lower than the quota given to it by the Organisation of Petroleum Exporting Countries.
The country told OPEC...
