Nigeria export to Denmark rises by 157 % in 2018, says envoy
Denmark ambassador to Nigeria, Torben Gettermann, says Nigeria export to Denmark rose by 156.6 per cent within the first three months of 2018 in relation to the same period in 2017….
Oil spill: Bayelsa communities accuse Shell of exclusion
A disagreement in the areas impacted by an oil leak on the Trans Ramos Pipeline within Shell’s oilfield at Aghoro communities in Bayelsa has stalled a joint investigation of the…
N22.7trn debt: Nigeria’s economy on life support – Peter Obi
Former governor of Anambra State, Mr Peter Obi, has said that Nigerian economy is on life support due to the rising debt profile of about N22.7 trillion. Obi, disclosed this…
FOCAC summit: Nigeria-China relations to explore new opportunities
The Chinese Government has said that the forthcoming Forum on China Africa Cooperation (FOCAC) Summit would bring new opportunities to strengthen ties between Nigeria and China. The summit will…
New CBN credit policy will stimulate economic growth – Expert
An economist, Mr Titus Okuroumu, on Friday expressed optimism that the new Central Bank of Nigeria (CBN) credit policy would consolidate the gains already made in the economy and stimulate…
Banks’ lending to private sector drops by N600.6bn in 6 quarters, manufacturers lament
The total loans granted by Nigerian banks to the private sector declined by N600.60bn, from N16 trillion in the first quarter of 2017 to N15.34 trillion, in the second quarter…
Investors on Nigerian bourse lose N2.49 trillion in 7 months
Investors on the Nigerian Stock Exchange (NSE) lost N2.49 trillion or 15.64 per cent between January and July, a development experts attribute to the political uncertainty in the country. The…
Sallah: Bank customers decry no salary, tight economy
Bank customers in the Federal Capital Territory (FCT), on Tuesday attributed non-payment of salaries by the Federal Government as reason for low queues at various bank Automated Teller Machines (ATMs)….
Nigeria’s capital importation in Q2 stands at $5.513billion — NBS
The National Bureau of Statistics (NBS), says the total value of capital importation into Nigeria stands at $5.5 billion in the second quarter, with flighty portfolio investors accounting for…
Nigeria Stock Exchange market capitalization inches N 236 billion
The Nigerian Stock Exchange (NSE) recorded the first gain for the week with the market capitalisation increasing by N236 billion on Friday. The News Agency of Nigeria (NAN) reports that…