From a market on Lagos Island, Nigeria, the skyline of the city of Lagos is visible. Among many companies, there is a great deal of nervousness around investing in Nigeria. Nigeria has overtaken South Africa as Africa’s largest economy. And […]
Nigeria is now placed fourth in Africa and retains its 44th spot in the world with 1427 points as against October’s 1431 points in the FIFA/Coca Cola Rankings on released on Thursday. Tunisia that led the continent’s teams in the […]
An international Consortium led by General Electric (GE) of the United States signed an agreement for the concessioning of Nigerian narrow-gauge railway network. The agreement was signed in April 2018 for $2billion. The Consortium comprised SinoHydro, a leading infrastructure construction services […]
The World Economic Forum in its 2018 Global Competitiveness Index, ranked Nigeria 115 out of 140 countries. This means it moved ten places upward from its 2017/2018 ranking of 125 out of 137 countries. According to the new ranking, Nigeria […]
1) The anti-corruption drive of Mr. President put to a halt the exogenous leakages in the Agricultural sector to encourage, empower, and enhance the locally made farm produce thereby increasing our internally generated revenue (IGR) index and foreign exchange capacity […]
Corruption is worse than prostitution. The latter might endanger the morals of an individual, the former invariably endangers the morals of the entire country – Karl Kraus The Egmont Group, is a network of 157 countries or Financial Intelligence Units […]
The Chinese Government has agreed To support Nigeria to build the 3050 Megawatts Mambilla Hydroelectric Power Project. Nigeria’s Minister of Finance Kemi Adesoun and Wang Xiaotoa, Director-General, International Development Agency, in the presence of President Muhammadu Buhari and President Xi […]
The Canadian government says it will collaborate with Nigeria to improve and strengthen development of biosafety and biosecurity program. Counsellor, Canadian High Commission in Nigeria, Daniel Arsenault, made this known in Abuja during the first annual Biosafety Conference in Nigeria, […]
Nigeria’s Gross Domestic Report (GDP) has grown 1.50% in the second quarter against 1.95% in the first quarter of 2018. According to the GDP report released by the National Bureau of Statistics (NBS), the second quarter GDP is driven by […]
British High Commissioner to Nigeria, Mr. Paul Arkwight, has revealed that the Prime Minister, Theresa May, will visit Nigeria this week. Arkwight, made known via his Twitter handle, @paulTarkwight. The tweet read: “Delighted to welcome British Prime Minister to Nigeria […]
A Nigeria–bound Russian ship is being detained in South Africa for carrying illegal arms. The cargo ship, LADA, was arrested on Sunday at the Port of Nura, near Port Elizabeth city, following a tip-off. According to a report by Fletmon.com, […]
The U.S. Ambassador-at-Large for International Religious Freedom, Samuel Brownback, has urged Nigerian political office holders, representatives of civil society and religious leaders to avoid amplifying ethno-religious tension in the country and to focus on peacebuilding. At a one-day national youth […]
