2019: Nigeria, South Africa, Others to Experience Low Economic Growth Rate- PwC
As Nigeria and South Africa are expected to hold Elections in February and May respectively, PricewaterCoopers predicts low economic growth rate in these economies. According to the report…
Yam Export Programme: Committee Set to Take Possession of Ikorodu Terminal, to Facilitate Export
Prof. Simon Irtwange, the Chairman, Technical Committee on the Yam Export Programme, said on Thursday that his committee was set to take possession of the Ikorodu terminal to facilitate yam…
Nigeria, others to cut interest rates this year, predicts JP Morgan
This year will see more emerging market countries raise interest rates than at any point since the pre-financial crisis uplands of 2006, analysts at JP Morgan predict. Reuters reports that…
Nigeria to rake $5bn as member of African Trade Insurance Agency
The African Development Bank Group through its Trade Finance operations has approved a US$14.12 million facility to support the Federal Republic of Nigeria’s membership in the African Trade Insurance Agency…
New militant group emerges, blasts oil facility; tables demand on job creation
A Nigerian militant group said on Sunday it had carried out an as yet unconfirmed warning strike on an oil facility owned by local energy firm Conoil on Friday in…
CAFAN Urges FG to Resolve Ban On Nigeria’s Fish Products By U.S
The Catfish and Allied Fish Farmers Association of Nigeria (CAFAN), on Friday called on the Federal Government to resolve all issues that led to the ban of the country’s…
Airlines moved 4.3bn passengers in 2018 – ICAO
Preliminary figures released on Monday by the International Civil Aviation Organisation (ICAO) showed a total of 4.3 billion passengers were transported by air on scheduled services in 2018. The document…
Merger: Herbert Wigwe to Head New Entity, Focus on Innovation, Financial Inclusion
The merger between Access and Diamond bank will be led by Herbert Wigwe, CEO Access bank, with a focus on innovation, financial inclusion and sustainability Diamond bank…
Cash crunch ahead as oil prices slip further to 18-month low
A potential cash crunch awaits Nigeria after oil prices fell on Friday ahead of the New Year holiday as global crude benchmarks moved back toward their lowest levels in more…
More pressure on 2019 budget as oil prices crash to $45.64 a barrel
Oil prices fell on Thursday after rebounding 8 percent in the previous session, with prices pressured by concerns over a faltering global economy and worries about a glut in crude…