Economy

By Emmanuel Nduka The Nigerian Government has announced that efforts are in the pipeline for possible collaboration with the Indonesia Government in exploring export-driven strategies to enhance economic growth and development in palm oil. Nigeria's Minister...

By Lucy Adautin  The African Petroleum Producers Organization (APPO) and the African Export-Import Bank (Afreximbank) have finalized documents to create a $5 billion Africa Energy Bank (AEB). This institution aims to support the development of Africa's...

By John Ikani In a move seen as challenging Western influence in Africa, Russia is reportedly seeking control of uranium assets currently held by a French state-owned company in Niger. Sources familiar with the situation, speaking...

By John Ikani The Nigerian Exchange (NGX) kicked off June with a cautious mood as investors reacted to the nationwide strike. The All-Share Index closed at 99,118.86 points, reflecting a slight dip of 0.13% compared to...

By Enyichukwu Enemanna Major cities in Nigeria are currently witnessing power outage following the shutting down of the National Grid by organised Labour that commenced a nationwide strike on Monday, pushing for minimum wage increase from...

By John Ikani Nedogas Development Company Limited (NDCL), a Joint Venture company between Xenergi Limited and NCDMB Capacity Development Intervention Company, has in collaboration with the NNPC Gas Infrastructure Company (NGIC), a subsidiary of the Nigerian...