Nigeria’s increasing population, enormous threat to economy- UK envoy

Paul Arkwright, UK high commissioner to Nigeria, said Tuesday that Nigeria’s increasing population could be a big disaster to the country if not checked. The UK envoy said this at an event organised by the African Peace Building Network of the Social Science Research Council and African Leadership Centre of the Kings College London in […]

Nigeria’s finance minister sees economy growing 7% in next 2-3 years

Kemi Adeosun, Nigeria’s finance minister seeing the country’s economy recovered quickly from a recession, said there are potentialities to achieve a seven percent economic growth in the next two to three years. The minister disclosed this Tuesday at the 4th Ogun State Investors Forum in Abeokuta, saying the country’s economic outlook for 2018 and beyond […]

Nigeria back down AfCFTA agreement to extend scope of consultations

Chiedu Osakwe, Nigeria’s chief trade negotiator said the country’s decision to back down from this week’s signing of the new pan-African continental free trade area in Rwanda, was “in the national interest of a great and diverse country”. According to Channels Television, Osakwe said in an email that the government wants to “deepen, intensify and […]

Huge welcome trails ‘Nigerian jobs for Nigerian people’ policy

In Britain, it is called giving British jobs to the British. Just like Donald Trump’s insistence that American jobs should first be for Americans, Nigeria’s President Muhammadu Buhari’s Executive Order 5, that prohibits giving foreigners jobs that can be done by Nigerians is being widely applauded by the citizens. But in an economy where the […]

Nigeria signs N642m grant with Japan towards actualisation of ERGP

Nigeria and Japan Tuesday signed a N642 million grant to assist the African’s nation central government’s economic efforts. The amount would be provided by the Government of Japan. Udoma Udo Udoma, Nigeria’s minister of budget and national planning said this in a statement signed by his Special Adviser on Media, Akpandem James in Abuja. Udoma said […]

Nigeria, Pakistan revamp joint commission to strengthen economic, trade relations

Nigeria’s President Muhammadu Buhari said the Nigeria-Pakistan joint commission will be revamped as a veritable platform to strengthen economic and trade relations between both countries. Buhari gave the assurance on Saturday in Istanbul at a bilateral meeting with prime Minister Shahidkhakanabbasi, on the margins of the ninth d-8 summit in turkey. The president, who expressed […]