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Tuesday, April 23, 2019

Nigeria records 2.38% GDP growth in Q4, boost for Buhari

The National Bureau of Statistics(NBS) in its latest report said Nigeria’s Gross Domestic Product(GDP) in the fourth quarter grew by 2.38 per cent, a...

Nigeria signs agreements with Afreximbank, NSIA, BoI to develop Special Economic Zones

Nigeria’s Federal Government today signed investment agreements with three Development Finance Institutions; Afreximbank, Bank of Industry and the Nigeria Sovereign Investment Authority (NSIA) for...

CBN defends stance on foreign exchange restriction on 42 items

The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Tuesday said the bank’s policy to restrict importers of some 42 items from...

CBN assures of Forex for indigenous companies

The Central Bank of Nigeria (CBN) has reteirated its readiness to facilitate access to foreign exchange by Nigerian companies that wanted to import equipment...

Nigeria’s crude oil production rises 9%

Nigeria’s crude oil daily production recorded an upward swing of about 2.09 million barrels in 2018, translating to a 9 per cent increment, compared...

TraderMoni initiative to boost petty trading – Osinbajo

The Vice President, Prof. Yemi Osinbajo, says the TraderMoni initiative under the Social Investment Programme was to uplift and boost the businesses of petty...

Osinbajo urges Africa, Europe embrace digital economy

Vice President Yemi Osinbajo has called Africa and Europe to work together to advance and harvest the economic benefits of digital economy. Such collaboration, he...

UAE seeks closer economic ties with Nigeria

The United Arab Emirates (UAE) has expressed its readiness to deepen economic ties with Nigeria toward promoting investment and trade between both countries. Amb. Fahad...

Nigeria has saved $21bn on food import – Buhari

Nigeria’s President, Muhammadu Buhari has lauded Nigerians for curbing excessive taste for foreign products, which has positioned the country for food self-sufficiency, and resulted...

North American free trade deal soon

The new North American Free Trade Agreement, which binds Canada, the United States and Mexico, will be signed on the margins of the G20...

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