Nigeria Accounts For 70% Products Under ECOWAS Trade – FG       The Federal Government has said that Nigeria accounted for between 60 and 70 per cent of products under the Economic Community of West African States Trade Liberalization Scheme, noting that the nation has over 2,400...

FG Reciprocates, Bans EU Flights From Nigeria       Nigeria will enforce the principle of reciprocity in granting permission to airlines to resume operations into the country as it opens its airspace, the Federal Government said on Thursday. According to the government, what this means is that only...

Buhari’ll End Fuel Importation In Nigeria, says Sylva     President Muhammadu Buhari is committed to putting an end to the importation of refined petroleum products into Nigeria, the Minister of State for Petroleum Resources, Chief Timipre Sylva, has said. Sylva said the government was working to reverse...

Oil Cuts: Nigeria, Others Under Pressure, OPEC+ Meets     Nigeria and other countries that have been exceeding their oil production quotas came under fresh pressure on Wednesday as the Organisation of Petroleum Exporting Countries and its allies met to review compliance with the output cuts meant...

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....