Report Says "Nigeria Attracted N7.6bn Greenfield Capital Investment In 2018" Nigeria attracted N7.6bn cross-border greenfield capital investment in 2018, according to the latest report by fDi Market Intelligence, a research unit of Financial Times. A greenfield investment is a type of foreign direct investment where a...

US Refiners Increase Crude Imports From Nigeria, Others Refiners in the United States have turned to several lesser-used oil suppliers in the wake of US sanctions that restricted usual providers of widely-used grades as they gear up for peak driving season. Nigeria, Iraq, Brazil and Angola...

Nigeria, Saudi Arabia To Sign Oil and Gas Infrastructure MOU Nigeria and Saudi Arabia are set to sign Oil and Gas infrastructure Memorandum of Understanding (MOU) next month The Minister of Energy, Industry and Mineral Resources of the Kingdom of Saudi Arabia, H.E. Khalid bin Abdulaziz...

Nigeria’s Sluggish Economy In Web Of Subsidy Conundrum   The nation’s economy, no doubt, has become a classical case of abused entity, literally going through the pains of maladministration, mismanagement of its resources, secret and underhand dealings, but mostly plundered and exploited. Unfortunately, it is still...

Nigeria Earns $600m Annually From Leather Exports, Says Report The Nigerian leather industry generates between $600m to $800m through export annually, a report by JCR-VIS Credit Rating Company Limited. The report was cited by the Managing Director, Bay Enterprises Limited, Bello Yakasai, while presenting a paper...

Nigeria Spends N16bn Yearly To Import Beans – FG   Despite being the number one producer of beans in the world, Nigeria spends N16bn annually to import the produce from neighbouring countries, the Federal Government has said. Speaking at a training for journalists organised by the Open...