Nigeria to introduce new visa policy to boost economy

At the 2019 dinner and award night organised by Nigerian Immigration Service (NIS) in Abuja, it was unveiled that a new visa policy would be released before the end of 2019.

U.S. adds 266,000 jobs, lowers unemployment rate

The U.S. said it added some 266,000 jobs in the month of November, lowering the unemployment rate in...

Global economy loses $2.2trn to illicit trade

Esteban Giudici, Senior Analyst, Transnational Alliance has said that economic leakages from illicit trade creates an annual drain...

Niger Insurance pays N1.4bn claims

Niger Insurance has reported that it paid N1.4 billion to customers in the past nine months, while efforts...

Border closure brings temporary pains

Mr Ajuri Ngelale, Senior Special Assistant to President Muhammadu Buhari on Public Matters, has described the Nation’s land...

Oil producers mull cut in output in 2020

Oil producing countries have discussed further reducing their output limit in 2020, with Saudi Energy Minister Abdulaziz bin...

Nigeria commits to establishment of ECOWAS Central Bank

Mrs Zainab Ahmed, the Minister of Finance, Budget and National Planning says Nigeria is committed to the establishment...

Farmers assures Nigerians on stone-free rice

All Farmers Association of Nigeria (AFAN) has called on Nigerians to exercise patience and understanding for the process involved in local rice production to be perfected.

Skill training key to economic development

Stakeholders at a workshop organised by the Skills Development for Youth Employment (SKYE) to launch the Dual Vocational Training (DVT) in Lagos said vocational training was critical to economic development in the country.

Nigeria hosts forum on AfCFTA, insists on fair trade

The National Forum on African Continental Free Trade Area (AfCFTA) agreement entered its second day on Friday with Nigeria insisting on fair trade to boost intra-African trade.

Power determines Nigeria’s economic growth

Minister of State for Power, Mr Goddy Jeddy-Agba, has said that Nigeria’s economic growth was largely tied to the sufficiency of power supply in the country.

Micro firms benefit from Nigeria’s grant

The Federal Government has disclosed that 19, 550 micro-enterprises have benefited from Nigeria’s Conditional Grant Scheme (CGS), from across 10 states in two years.

Governor urges Nigeria to sustain border drill

Governor Abdullahi Ganduje of Kano State, has urged President Muhammadu Buhari, to sustain the Border Drill Policy and assistance to rice farmers for Nigeria to attain food sufficiency.

58 ships arrive in Lagos ports

Fifty-eight ships that arrived at the Lagos ports were waiting to berth with automobile gasoline, fuel, containers, bulk sugar used vehicles and general cargo.

Lack of access to market poses hampers small scale firms

The Small and Medium Development Agency of Nigeria (SMEDAN) has identified lack of access to local, regional and global markets as one of major challenges militating against optimal performance of Micro, Small and Medium Enterprises (MSMEs) in the country.

Solar increasing Nigerians’ access to electricity

The Managing Director, Rural Electrification Agency (REA), Mrs Damilola Ogunbiyi, has said that solar energy was increasing access to electricity by Nigerians in rural and underserved communities.

Stakeholders seek regulation for oil, gas

Oil and Gas industry stakeholders have called for a streamlined regulatory environment to attract investment and make the sector competitive.

Banks should support entrepreneurs

The Bank of Industry (BOI) has urged the banking sector to endeavour to play its part in supporting entrepreneurship in a sustainable way in the country.

World Bank to data to help lift Nigerians out of poverty

The World Bank says it will continue to collaborate with the National Bureau of Statistics (NBS) to provide information-based statistics for the Nigerian government to lift the citizens out of poverty.

OPEC moves for oil cuts

OPEC is gearing up to deepen production cuts later this week but still needs to agree with allies such as Russia...

Minister reiterates need to boost solid minerals

Mr Olamilekan Adegbite, Minister of Mines and Steel Development, has re-emphasised the need for capacity building in...

Sanusi, Fayemi back close border

Emir of Kano, Sanusi Lamido Sanusi and Gov. Kayode Fayemi of Ekiti State have said that the decision by Nigeria to close its border is part of the measures to preserve its foreign policy in the national interest.

Trump doubts trade deal with China

President Donald Trump said a trade agreement with China might have to wait until after the U.S. presidential election in...

Council commits to local sugar production

The National Sugar Development Council (NSDC), has reiterated its commitment to accelerate the development and growth of Nigeria’s sugar industry towards attaining self-sufficiency in the sector.

Market capitalisation sustains down N22b

The crucial market indices of the Nigerian Stock Exchange (NSE) dropped further on Tuesday with a decline of 0.17 per cent.

Ministry tasks stakeholders on activation of economic zones

The Ministry of Industry, Trade and Investment has urged its critical stakeholders to ensure full activation of the six private sector-led Special Economic Zones (SEZs) in the country to spur development.

Zimbabwe’s half population faces hunger

The World Food Programme (WFP) has said that it would have to expand its emergency operations in Zimbabwe because half of the population suffered from severe hunger due to climate change and an economic meltdown.

Commission unhappy with Imo Airport’s job

Fiscal Responsibility Commission (FRC) has expressed dissatisfaction with the level of work done at the ongoing expansion of the Imo Airport Apron project in Owerri.

Shippers’ Council to work with Nigeria on Single Window

Nigerian Shippers’ Council (NSC) has said that they would work with Federal Government in establishing a Single Window for maritime industry in Nigeria.

Stakeholders propose boost in local poultry

Poultry stakeholders have proposed an integrated food safety management system that will beef-up production processes to increase local production and export potential.


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China’s tariff waivers for U.S. soybean imports

China has granted new waivers to several domestic state and private firms exempting them from retaliatory tariffs on soybeans imported from the United States, Bloomberg said, citing unidentified sources familiar with the matter.
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Nigeria woos global partnership to end poverty

Minister of Foreign Affairs, Geoffrey Onyeama has called on the international community to partner with Nigeria to end poverty, fight inequalities and tackle climate...
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11 companies bid to run Ajaokuta steel

Alhaji Abubakar Bwari, the Minister of State, Mines and Steel Development, said that 11 companies indicated interest to operate the Ajaokuta Steel Company. Bwari announced...
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