More Chinese companies to invest in Nigeria – FG
The Federal Government has revealed that China is set to encourage more of its companies to invest in Nigeria, a move aimed at revitalising the Nigerian economy. This comes on the heels of President Bola Tinubu’s recent visit to China…
Nigeria’s economy has stagnated – Bill Gates
He said that even though the revenue-to-GDP ratio has grown, it’s still lower than what it was 15 years ago. The result, according to him, is that Nigeria spends less per-capita on its people than other African countries with a…
Petrol price hike: NACCIMA, LCCI, NECA worry over jobs, economy
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, NACCIMA, Lagos Chamber of Commerce and Industry, LCCI, and Nigerian Employers Consultative Association, NECA, among others, yesterday expressed concern over the impact of the latest petrol price increase on…
Dangote refinery begins petrol processing – Official
The 650,000 barrels per day Dangote Refinery has begun the processing of petrol, an official has said. The Nigerian National Petroleum Company Limited (NNPC Ltd) would buy its products exclusively, Reuters reported Monday, quoting an official of the company. We…
22-year-old widow serves her kids poultry feed in Akwa Ibom
Wife of the Akwa Ibom State governor, Mrs Patience Umo Eno has ordered for the rehabilitation of Grace Udeme Emmanuel, the 22-year-old widow who fed her four kids with chicken and fish feed from the poultry farm she works at,…
Nigeria’s average GDP growth rate has remained negative since 2014 – Okonjo-Iweala
The Director General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has observed that Nigeria’s Gross Domestic Product (GDP) growth rate on average has been steadily declining since 2014, signalling a downturn in the economic well-being of the average Nigerian….
Hope As Caribbean Countries Offer To Help Nigeria Achieve Food Security
In a bid to support Nigeria’s food production, Caribbean countries have expressed their readiness to share their expertise and skills in agriculture with the country. Dr. Levi Odoe, Consular General of Saint Vincent and the Grenadines, made this known yesterday…
Why fuel scarcity resurfaced nationwide — NNPC
The Nigerian National Petroleum Corporation Ltd. (NNPCL) has explained why fuel scarcity resurfaced nationwide. Dapo Segun, NNPCL’s Vice President (Downstream), addressed the situation during a press conference at the NNPC Towers in Abuja. He attributed the recent fuel scarcity, which…
Minister Highlights Job Creation
Nigeria’s Minister of Tourism, Lola Ade-John, has underscored the prospects of the sector she oversees, stressing that it could generate employment opportunities and enhance economic diversification. She spoke at the tourism parliament, held in Continental Hotel, Abuja, themed: “Tourism as…
Tinubu, Mbasogo Sign Agreement On Gulf Of Guinea Gas Pipeline
Guinness World Records has officially recognised Brian Nwana, as the record holder for Most Fast Food Restaurants visited in 24 hours. His record surpasses the former record of 100 restaurants, held by Canadian YouTuber Eric Decker, known as Airrack. On…