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...

Nigeria Risks "Reputation Damage" If Buhari Fails To Sign CAMA Bill - Expert Eleven civil society organizations in Nigeria have called on President Muhammadu Buhari to save the country from global embarrassment and possible ban by assenting to the Companies and Allied Matters Act (CAMA)...

Nigeria Set For Highest Oil Exports To Europe In Seven Months Nigeria is set to export highest volume of crude oil to Europe in June following production outages being experienced by producers in the UK’s North Sea oilfields, according to oil traders. This is coming as...

Sanusi: Nigeria On Verge Of Bankruptcy Due To Fuel Subsidy, Debt Servicing   The Emir of Kano, Mallam Muhammad Sanusi II, has warned that Nigeria is on the verge of bankruptcy as fuel and electricity subsidies, as well as debt servicing, continue to eat into government...

EU Donates N8.1bn Scanner To Nigeria, Beninoise Customs The effort to facilitate trade and speedy clearance of cargo in Nigeria’s busiest land border will be revved up soon as the Nigeria Customs Service (NCS) and its Beninoise counterpart have taken delivery of a new cargo...