UK Recession To Affect Nigeria’s Bilateral Trade     The United Kingdom (UK) economy has officially entered a recession for the first time in 11 years with financial experts saying the recession will certainly have negative impacts on bilateral trade between Nigeria and the United Kingdom. Financial Analyst...

Nigeria Records 27.1% Unemployment Rate - NBS     National Bureau of Statistics, NBS, Friday said that Nigeria’s unemployment rate rose to 27.1% in the second quarter of 2020. “The unemployment rate during the reference period, Q2, 2020 was 27.1%, up from the 23.1% recorded in Q3, 2018....

Nigeria'll Become West Africa’s Gold-producing Hub, Says FG     Nigeria is on its way to becoming a major gold-producing hub in the West African region, the Federal Government declared on Monday. According to the government, this would diversify the country’s revenue base from crude oil and create...

Nigeria To Get $510m From New Oil Deal     The Nigerian National Petroleum Corporation (NNPC) said it has reached an accord with its partners, to settle all outstanding issues surrounding the development of Oil Mining Lease, (OML) 130 with a prospect of raking in $510 million...

On Whose Benefits Are Chinese Loans To Nigeria? By Lawal Sale Maida   From the outset, I wish to state that I am neither an economist by training nor am I party to the loan deals between Nigeria and China, but the hoopla the issue has generated...

Nigeria Benefits From $1.87m COVID-19 Impact Support     Nigeria is one of 12 countries across Europe, Middle East and Africa (EMEA) receiving a share of a 3M grant totalling $1,875,000, being directed to projects supporting nutrition, mental and physical health, education and COVID-19 awareness, according to...