Foreign direct investment in Nigeria, Africa’s top oil producer, plunged by 43 per cent to $2bn, according to a United Nations report. Reuters reported on Thursday that investors were put off…
Read More Foreign investment into Nigeria drops by 43% – UN reportCategory: Economy
FG may lift land border vehicle importation ban — NCS
The Federal Government may relax the ban on importation of vehicles through the land border. The government had in January 2017 ordered a ban on importation of vehicles through the…
Read More FG may lift land border vehicle importation ban — NCSNigeria earns $236bn from petroleum exports in five years – OPEC report
Nigeria, Africa’s top oil producer, earned a total of $236.15bn from petroleum exports over the last five years, a new report by the Organisation of Petroleum Exporting Countries has shown.…
Read More Nigeria earns $236bn from petroleum exports in five years – OPEC report
Pull down barriers to trade, Adesina urges African leaders
Dr Akinwumi Adesina, President of the African Development Bank has urged African Governments to work towards the elimination of non-tariff barriers in the region. Adesina said this at the former…
Read More Pull down barriers to trade, Adesina urges African leaders
No change in Nigeria’s exchange rate structure- CBN
The Central Bank of Nigeria on Wednesday denied reports in some sections of the media that it has floated the country’s currency, the naira. In a statement sent to Alabingo.com,…
Read More No change in Nigeria’s exchange rate structure- CBN