World Bank To FG: Reform Now To Avoid Extreme Poverty   The World Bank has said the number of Nigerians living in extreme poverty may increase by more than 30 million by 2030 and the country will be home to 25 per cent of the world’s...

SMEs Express Mixed Feelings Over Border Closure   Nigeria Border Closures One of the reasons given by government for closing Nigeria’s border is to encourage local production of goods and services. While some Small and Medium Enterprises operators and the National Association of Small and Medium Enterprises...

Dangote Group: Soon Nigeria Will Become A Rice Exporting Nation   The Dangote Group has pledged to change Nigeria’s narrative as a rice importing nation, to major exporter of the staple food. The group said that its 150,000 hectares rice farmlands in Jigawa, Kano, Kebbi, Nasarawa, Niger,...

Nigeria, US Trade Now $5.21bn   US Consul General Pierangelo Nigeria and the United States recorded 5.21 billion dollars bilateral trade between January and August this year. The Consul General, US Consulate in Lagos, Ms Claire Pierangelo, disclosed this during the 2019 International Investment Conference on Wednesday...

Nigeria Working On Becoming Africa’s Leading Digital Economy, Says Pantami     Minister of Communications and Digital Economy, Dr Isa Pantami, has said Nigeria is being repositioned to become the leading digital economy in Africa. Speaking at a meeting with the management of Huawei Technologies Nigeria Limited in...

Report Reveals Nigeria Records Highest Oil Theft Rate In The World   The highest ever reported crude oil theft in the world has taken place in Nigeria with the country recording approximately 400,000 barrels per day (bpd) crude theft, a report showed. Mexico came second with...