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Oil Price Rises By 2% After Falling To $36

Oil Price Rises By 2% After Falling To $36       The international oil benchmark, Brent crude, gained nearly two per cent on Monday, shaking off earlier losses, as the United States heads into a contentious presidential election. Brent, against which Nigeria’s oil is priced, had fallen more...

Low, Middle Income Countries To Attract $508bn Remittances

Low, Middle Income Countries To Attract $508bn Remittances       The World Bank has projected that remittances by migrant workers to low and middle income countries (LMICs) will drop to $508 billion in 2020. In a migration and development report released by the bank, it said the economic...

In Three Months, Nigeria Imported N2.78trn Manufactured Goods – NBS

In Three Months, Nigeria Imported N2.78trn Manufactured Goods – NBS       Nigeria imported manufactured goods worth N2.78tn while the total export component was N254.2bn between April and June. According to figures obtained from the National Bureau of Statistics on foreign trade statistics for the second quarter, this...

Lekki Massacre: The Mother of all Fake News in Nigeria

Lekki Massacre: The Mother of all Fake News in Nigeria By Mohammad Dahiru Lawal It was already late in the evening when I got a very short notice that I was to be a guest on AriseTV at 10pm, to discuss the #EndSARS uprising from...

Nigeria Received $26.94bn Donations In six years – Fed Govt

Nigeria Received $26.94bn Donations In six years – Fed Govt         The Federal Government has said Nigeria received a total of $26.94bn development assistance funds from international donors between 2015 and 2020. The amount, according to the Minister of State for Budget and National Planning, Clement Agba,...

Chinese Products Top Nigeria’s Imported Goods List – NBS

Chinese Products Top Nigeria’s Imported Goods List – NBS       A total of 31.41 per cent of goods imported into Nigeria are from China, according to the National Bureau of Statistics. The NBS stated in its report on ‘Foreign trade in goods statistics’ for second quarter of...