Most Recent News

Nigeria’s Trade Deals with China and India, Lawmakers Summon Oil Minister

  Nigeria’s parliament summoned the country’s oil minister on Tuesday to clarify details of oil and gas infrastructure agreements worth $80 billion with Chinese companies and a $15 billion deal.

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Nigeria: Adeosun Says FG Is Committed to Infrastructure Financing

  The Minister of Finance, Mrs. Kemi Adeosun on Tuesday emphasised the importance of critical infrastructure projects, especially in the areas of Rail and Power to the country’s economic development..

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Nigeria: My Gov’t Has Rehabilitated Over 1000 Schools- Gov. Masari Says

  By Ehis Ayere The Executive Governor of Katsina state, Aminu Masari has recently stated that his government in the last one year in office has rehabilitated over 1,000 primary.

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Nigeria: Adeosun Seeks to Recover Un-Remitted N450bn Operating Surpluses from MDAs

  The Federal Ministry of Finance has announced the constitution of a committee to recover unremitted operating surpluses of agencies of government, running into N450 billion. The committee led by.

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Nigeria: Our Investment in Infrastructure Will Yield Economic Growth- Osinbajo

Nigeria’s Vice-President Yemi Osinbajo, on Thursday, explained that the current administration decided to invest heavily in infrastructure because it is convinced the effort would translate into economic growth for the country..

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Nigeria’s Buhari Meets Niger Delta Leaders, Militants in Abuja

  Nigeria’s President Muhammadu Buhari on Tuesday met leaders from the Niger Delta and representatives of militant groups who have been attacking oil facilities in the region. A Reuters’ reporter.

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Nigeria: FG Launches Programme to Tackle Insurgency in N/Delta

By Felix Onuah and Ulf Laessing Nigeria launched a $10 billion infrastructure programme on Thursday in its restive Delta region as part of a plan to end an insurgency that.

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Nigeria: President Buhari Asks Parliament to Approve Plan to Borrow $30 Bln

By Camillus Eboh Nigerian President Muhammadu Buhari has recently asked parliament to approve plans to borrow $30 billion abroad to fund infrastructure plans until 2018, according to a letter read.

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NIGERIA: NIGER DELTA MINISTRY, WORLD BANK TO COLLABORATE ON COASTAL AREAS DEVELOPMENT

  Efforts to alleviate the sufferings of the people living in the coastal communities of the Niger Delta is in sight as the Ministry of Niger Delta Affairs and the.

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Nigeria’s Arik Plans $1Bln Share Offer, Possible London Listing

By Chijioke Ohuocha Nigeria’s largest airline Arik Air plans to raise as much as $1 billion through a private share placement next year and then a possible initial public offering.

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