NNPCL In Talks With S’Korean Investors For Gas Projects   The Nigerian National Petroleum Company Limited (NNPCL) has held talks with a South Korean consortium led by Daewoo E & C on the development of gas projects in Nigeria. NNPCL said in a statement issued in Abuja...

CBN Plans Digital Currency As Naira Slips To 490/$ At Parallel Market       The naira exchanged to the dollar at N490/$ at the parallel market on Thursday. According to naijabdcs.com, the official exchange rate website of the Central Bank of Nigeria for the Bureau de Change operators,...

'Nigeria, Korea Trade Drop To $1.2bn In 2020'       The value of the trade between Nigeria and South Korea has declined from $2.6bn in 2017 to $1.2bn in 2020 as a result of the fall in global oil prices. Disclosing this at an interactive session with journalists...

Trump Rejects Nigeria's Ngozi Okonjo-Iweala For WTO ...Wants Reopening Of The Leadership Contest         The US has suggested that the process to find a new Director-General of the World Trade Organization (WTO) needs to be reopened, in what would be an unprecedented move. Donald Trump's trade chief Robert...

WTO DG: Coast Clear For Okonjo-Iweala As South Korea Withdraws Candidate — Report           South Korea has decided to withdraw its candidate from the World Trade Organisation, WTO, director-general race, according to Washington Trade Daily. Yoo Myung-hee is South Korea’s Trade Minister and its candidate for the...

WTO: Fed Govt Moves To Counter US Position On Okonjo-Iweala       As the world awaits the outcome of the final consensus decision on the next World Trade Organisation, WTO, there are indications that Nigerian government may have started diplomatic actions to head-off opposition from the United...