Economy

  By Chioma Iruke Nigeria’s Attorney General of the Federation and Minister of Justice, Abubakar Malami, has announced that the government is working to recover £200 million of Nigeria’s assets stashed in the United States, as...

By John Ikani  The United Nations Development Programme (UNDP) and the National Bureau of Statistics (NBS), said 20 percent of Nigeria’s full-time workforce lost employment during the COVID-19 pandemic in 2020. Both organisations said this in...

By John Ikani  The Federal Government of Nigeria has commenced discussions with the Organisation of Petroleum Exporting Countries (OPEC) with a view to securing an increase in its oil production quota to about 2.2 million barrels...

By John Ikani  Nigeria has raised another $4bn through Eurobonds. The Debt Management Office (DMO) disclosed this in a statement on its website on Tuesday, titled ‘Nigeria raises $4bn through Eurobonds’. This new loan will currently...

By John Ikani The African Development Bank (AfDB) Group has announced an 18-month debarment of Rockey Africa Limited and its affiliates, including Aerospace Aviation, Eva-Top Agencies, Sony Commercial Agencies, Beta Trading Company and Madujey Global Services....

By John Ikani  President Muhammadu Buhari has met with the Director-General of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, ahead of the 76th session of the United Nations General Assembly in New York. The meeting...