Okonjo-Iweala Expresses Concern Over Nigeria’s Multiple Foreign Exchange Rates       Director-General of the World Trade Organisation, Dr. Ngozi Okonjo-Iweala, on Monday, listed conditions that could make Nigeria benefit from the global body. She gave the conditions when she visited President Muhammadu Buhari at the Presidential villa. These were...

Oil and the Nigerian Economy: Can We Learn from Norway?  By Abdulhaleem Ishaq Ringim       Whether or not Nigeria has utilized its oil wealth in a prudent manner is still a topic for national debate. However, considering how dependent the country’s economy has become on oil...

‘Nigeria Loses $235bn To Non-passage Of PIB’       Deputy Senate President, Senator Ovie Omo-Agege said yesterday that Nigeria had lost about $235 billion to the non-passage of the Petroleum Industry Bill (PIB) by successive administrations. Omo-Agege, who spoke at the virtual national colloquium on PIB organised by...

R4.2bn Yet To Be Repatriated From Nigeria - MTN       The MTN Group added 28.8 million subscribers to reach a total 279.6 million customers in 2020 across 21 countries in Africa and the Middle East. The company announced a service revenue growth of 11.9 per cent and...

UAE Extends Ban On Nigeria Flights To March 20       The United Arab Emirates has extended its ban on Nigerian flights till March 20. A statement from the public relations firm for Emirates made available to our correspondent said customers from both Abuja and Lagos would not...

Nigeria, Largest Economy In Africa – UAE       The United Arab Emirates (UAE) on Wednesday, said Nigeria remained the largest economy in Africa. This was contained in a statement signed by the Embassy of UAE in Abuja and made available to the News Agency of Nigeria (NAN). It...