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...

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...