World Bank Puts Nigeria’s Growth At 2.1% In 2020   The World Bank Group, yesterday, raised Nigeria’s growth expectations in 2020 to 2.1 per cent, describing it as an “edge up”, a development that confirms the country’s continued stay in sluggish economic path for another calendar...

FG Earmarks N61bn For Nigeria-Siemens Power Pact   The Federal Government has set aside the sum of N61bn for the Nigeria Electrification Road map to be developed in partnership with Germany-based Siemens AG. The amount provisioned for the Presidential Power Initiative is one of the key expenditures...

Nigeria Loses N233bn To Gas Flaring   The Nigerian economy lost a whopping N233 billion to gas flaring in 2018. This, represented 3.8 per cent of the total global flare same year, a report by PwC Nigeria, one of the leading professional services companies has revealed. The report...

Nigeria, U.S. Seek Deeper Ties As Trade Volume Hits $6.5bn   The Nigerian American Chamber of Commerce (NACC) has stated that it would mobilise initiatives to create greater trade deals between Nigeria and the United States, noting that plans are also ongoing to also push for...

Nigeria Falls Short Of Economic Growth Expectation, IMF Says   The International Monetary Fund has said oil-dependent economies, including Nigeria, continue to fare less than countries reliant on other export sectors, a pattern in place since the drop of oil prices in 2014. The IMF stated this...

NLNG Train 7, Next Big Deal For Nigeria - Tony Attah   The Managing Director and Chief Executive Officer of Nigeria LNG Limited, Mr Tony Attah, has said the company’s Train 7 project is the next big deal for Nigeria. He said the project would increase NLNG’s...