Nigeria, India Pledge Deeper Collaboration On Energy Sector

Nigeria, India to work more closely on energy security

Nigeria and the Republic of India have pledged to work more closely to enhance energy security of both countries. The consensus came on the heels of a visit today in Abuja of the Indian High Commissioner to Nigeria, His Excellency, Abhay Thakur, to the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. […]

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Privatise Nigeria’s Oil Industry? Easier Said Than Done

Nigeria recorded lowest economic confidence: report

Nigeria recorded its lowest economic confidence score in a year, after a fall in the final quarter of 2018, the latest edition of the Global Economic Conditions (GECS) from the Association of Chartered Certified Accountants (ACCA) and the Institute of Management Accountants (IMA) has revealed. According to the report, in the midst of a poor […]

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The Egina FPSO (Floating Production Storage and Offloading) unit is currently berthed in Lagos harbour, but will soon be moved offshore to produce up to 200 000 barrels of oil per day.

Total eyes 23 pct of Nigeria’s daily oil production with Egina FPSO

Multinational oil company, Total, has said it will be responsible for 23 per cent of the total crude oil Nigeria produces daily when its 200,000 barrels a day (bd) Egina Floating Production Storage and Offloading (FPSO) oil platform fully comes on stream. Managing Director, Total, Mr. Nicolas Terraz, said this at the just concluded second […]

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Nigeria’s New Outbreak Of Lassa Fever Kills 16

Lassa fever, Meningitis kills 26 in Nigeria

Lassa fever and cerebro spinal meningitis (CSM) have claimed 26 lives and infected 88 others in 26 states and the Federal Capital Territory (FCT). According to the Nigeria Centre for Disease Control (NCDC), in its report captioned Week 04 (January 21 – 27, 2019), 77 new cases of the fever were recorded in 13 states […]

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Eu, Us, Britain Concerned At Suspension Of Nigeria’s Top Judge

We’re committed to making Nigeria better for all, Buhari says

President Muhammadu Buhari, on Saturday in Ibadan, says his administration is committed to making Nigeria better for all. The news men gathered that the president arrived Ibadan airport into the waiting hands of a tumultuous crowd of supporters from where he proceeded to the ancient Mapo hall, in an open roof double decker bus for […]

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London Stock Exchange - Companies to Inspire Africa

97 Nigerian firms listed among ‘Companies to Inspire Africa’

The London Stock Exchange Group, on Wednesday, launched the second edition of its ‘Companies to Inspire Africa’ report, with Nigeria having the single largest representation. Nigeria and Kenya led the countries represented in the report, with 97 and 66 firms respectively. “Nigeria further built on its leading position established in the 2017 report with strong […]

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How Nigeria lost $2.8 billion in revenue in 2018, by UN

The United Nations say Nigeria lost an estimated 2.8 billion dollars in revenues in 2018, mainly due to oil-related crimes. This is according to a new ‘Report by the Secretary-General on the activities of the United Nations Office for West Africa and the Sahel (UNOWAS)’ on Monday in New York. The report, which covered from […]

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Amnesty says over 3,600 killed in Nigeria’s farmer-herder violence

Nigeria’s 2.1 pct economic growth to spur W/Africa’s 2019 forecast

Nigeria’s 2.1 per cent economic growth projection in 2019 is expected to drive the regional growth forecast of 2.9 per cent, the United Nations report has projected. The report by the UN Secretary-General on the ‘Socioeconomic Trends’ West African sub-region, forecasted an economic rebound in the West Africa sub-region in 2019. “The region’s economic growth […]

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Nigerian-woman-selling-bread

13 African countries rank higher than Nigeria in Forbes Business ranking

Thirteen African countries have been ranked higher than Nigeria in Forbes Magazine’s Best Country for Business ranking for 2019. Nigeria emerged as the 110th Best Country for Business, below South Africa, ranked 59, Morocco (62), Seychelles (66), Tunisia (82), Botswana (83), Rwanda (90), Kenya (93), Ghana (94), Egypt (95), Namibia (96), Senegal (100), Zambia (103) […]

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Yemi Kale, NBS

India, Nigeria’s biggest commodity trading partner in third-quarter 2018 – NBS

India was Nigeria’s biggest trading partner in the third quarter of 2018, gulping ₦719.2 billion of crude and ₦37.7 billion of natural gas exports from the country. India also bought cashew nuts worth ₦4.7 billion. The News Agency of Nigeria stated that the latest figures from the National Bureau of Statistics, covering July, August and […]

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Dutch ready to take in Sea-Watch migrants from Nigeria, Libya and Ivory Coast

The Netherlands announced Wednesday it was prepared to welcome some of the 32 migrants waiting to disembark from a Dutch-flagged vessel in the Mediterranean, if other countries did the same. “The Netherlands has indicated a readiness to possibly take in a proportional number of migrants who are on board Sea-Watch 3, on condition that other […]

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U.S. exposes greatest resource of Nigeria

The United States, U.S Ambassador to Nigeria, Amb. Stuart Symington has said that Nigerians represent the real and sustainable wealth of their country. He said true leadership must showcase in the people. Symington made the remarks at the African Business Conference Plus 2018 with the theme: “Human Capital: The key to Africa’s Transformation” The conference […]

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