The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti Kacalla Baru, has said that he had engaged investors to establish a refinery in Akwa Ibom State.
PPC said on Friday that Nigeria’s Dangote Cement has withdrawn its interest to tie-up with the South African firm, sending its shares more than 13% lower.
The Nigerian National Petroleum Corporation, NNPC has announced a total export receipt of $471.90 million for the month of July 2017 as against $219.34 million posted in June 2017.
Buhari administration engages national assembly, chief justice in new ease of doing business action plan
The Presidential Enabling Business Environment Council (PEBEC), which is chaired by Vice President Yemi Osinbajo, will, on Tuesday, consider new and specific initiatives to be implemented over a 60-day period in the National Action Plan 2.0.
Olam International Ltd. invested $150 million in animal-feed mills and poultry farms in Nigeria as it seeks to boost its agribusiness venture in Africa’s biggest food market by population.
The governments of India and Nigeria are set to forge closer cooperation in a determined effort to accelerate growth in Information and Communications Technology with a view to boost both countries’ economies.
The import-export industry has gradually developed over the years. This is due to the diversification of most governments from oil as the core revenue generating methods for the nation to non-oil income.
East Africa continues to maintain its lead in regional growth in Africa reaching 5.3% in 2016 Real GDP growth. The economic success of Ethiopia is attributable to its desire to grow its economic base amidst structural challenges.
The African Export-Import Bank has in Kigali signed agreements to provide financing facilities totaling $1.11 billion to support African entities engaged in intra-African trade.
The Federal Government of Nigeria has said that it would formally flag off the export of yam to Europe on Thursday.