Nigeria, Norway Partner On Power Expansion   The Federal Government is partnering the Government of Norway to work out measures that will help in the expansion of Nigeria’s power sector. With Norway’s 99 per cent total electricity supply coming from hydropower generation plants, both governments, during a...

Nigeria, China’s Bilateral Trade Now $8.6bn   Nigeria and China recorded $8.6bn bilateral trade between January and June 2019. There had also been an increase in the projects undertaken by China in the country. The Consul General, Chu Maoming, said this in his speech at the reception to...

IMF Concerned Over Rise In Trade Uncertainty In Nigeria   The International Monetary Fund has expressed concern over the rise in trade uncertainty in Nigeria and many other economies amid the escalating trade tensions between the United States and China. The IMF said on Monday that rising...

Experts: Rising Debts Fuelling Vulnerabilities In Nigeria, Others   Rising debt levels are fuelling vulnerabilities in Nigeria and other African countries, especially as external debt is shifting from the public to the private sector, experts have warned. Owing to this, recovery in the continent remains patchy as...

Nigeria, Others To Lose $240bn To Spike In Freight Charges   There are indications that the projected increase in bunker fuel oil may cause significant increase in freight charges, and Nigeria, among other countries, may lose about $240 billion to the varying cost. This is against the...

Nigeria Ranks 114 Globally In Innovation Nigeria is among the low-middle income countries that are underperforming in the creation and utilisation of innovations, the 2019 Global Innovation Index released on Wednesday said. The study said Africa’s largest economy performed below expectations compared with the level of...