FG Secures $6.15bn For Nigeria’s Power Infrastructure     The Federal Government has disclosed that it has secured $6.15 billion for infrastructural development in the power sector. The Minister of Power, Engr. Sale Mamman, who disclosed this in his report – One Year Anniversary: Key achievements–obtained by Energy...

Sesame Seeds Contributes N49.1bn To Nigeria’s Exports     Sesame seeds has been ranked as the most traded agricultural products in Nigeria during the first quarter of 2020. This is according to data from the National Bureau of Statistics under the foreign trade statistics section. The produce contributed N49.1bn...

  That Virtual Commissioning of ICT Projects in Nigeria By Inyene Ibanga   Nigeria’s determination to transform into a leading continental Information and Communication Technology ICT hub is yielding the desired fruits. The aim of training and equipping a new crop of certified experts in the emerging areas...

80% Containers Arriving Nigeria Return Empty – Shippers Council       Out of every 10 containers that come into Nigeria laden with imports, only about two or three leave the country with exports, the Nigerian Shippers Council said on Thursday. In order to address this, the council agreed...

Shrinking Economy: Nigeria’s Situation Better Than Others, Says Presidency     The Presidency on Wednesday reacted to the National Bureau of Statistics’ second quarter 2020 Gross Domestic Product estimates which was published on Monday, giving itself thumbs up. The NBS had disclosed that the nation’s GDP declined by...

Nigeria’s GDP Declines By 6% In Q2 — NBS     The country’s Gross Domestic Product (GDP) decreased (year-on-year, YoY) to- 6.10 per cent in real terms in the second quarter of the year (Q2’20) as non-oil GDP records first fall by 6.05 per cent since Q3’17. In...