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...

Nigeria Losing Competitiveness In Global Oil Market - NNRC The Nigeria Natural Resource Charter (NNRC) has said that Nigeria is fast losing its competitiveness in the global oil market due to new hydrocarbon discoveries in new jurisdictions within the African continent. The NNRC which is the...

Nigeria Produces 55.85m Tons Of Solid Minerals, NBS Says Nigeria produced a total of 55.85m tonnes of solid minerals in the 2018 fiscal year, data released by the National Bureau of Statistics have revealed. The NBS, in its mining and quarrying data report, which was released...