China Needs to Change, But Tra

After taking office, US President Donald Trump branded China a strategic competitor. The change of direction enjoys bipartisan political as well as support from

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Posted On: 07 Jul 2018

Shots fired as U.S./China tari

U.S. tariffs on $34 billion in Chinese imports took effect as a deadline passed on Friday, and with Beijing having vowed to respond immediately in kind, the wor

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Posted On: 06 Jul 2018

U.S. job growth seen strong in

U.S. employers likely maintained a brisk pace of hiring in June while increasing wages for workers, which would reinforce expectations of robust economic growth

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Posted On: 06 Jul 2018

Export Inflow into Lekki Free

Lagos State Governor, Mr. Akinwunmi Ambode, has said the export inflow at the Lekki Free Zone (LFZ) in Ibeju Lekki area of the state is projected to hit over $6

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Posted On: 06 Jul 2018

Naira loses against dollar at

The Naira on Thursday lost marginally against the dollar at the parallel market in Lagos, exchanging at N359.2 to the dollar, the News Agency of Nigeria (NAN) r

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Posted On: 06 Jul 2018

China, African Trade Hits $170

China’s bilateral cooperation with Africa has grown phenomenally in the past 40 years with trade leaping from $765 million to $170 billion a year.  

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Posted On: 05 Jul 2018

Air Peace Operates All female

Nigeria’s major carrier, Air Peace, has said that it will Thursday operate all-female flight, including pilots and cabin crew from Lagos to Abuja and from

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Posted On: 04 Jul 2018

4,000 Farmers to Benefit from

No fewer than 4,000 farmers in Bauchi State will benefit from the state Agricultural Entrepreneurship Development Programme.     The state Governor

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Posted On: 04 Jul 2018

Trump stands firm on trade, e

President Trump defiantly stood by his tariffs on Sunday as Canada hit back hard, Mexico elected a new leader who seems prepared to confront him, and the Europe

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Posted On: 02 Jul 2018

Nigeria’s Export Earnings Ri

Nigeria’s total export earnings increased by 10.2 per cent to $14.394 billion in the first quarter (Q1) of 2018 compared with the $12.925 billion recorded

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Posted On: 02 Jul 2018

NNPC Finalises $724m Oil Finan

The Nigerian National Petroleum Corporation (NNPC) Sunday disclosed it had finalised a crude oil production financing deal it negotiated with Schlumbe

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Posted On: 02 Jul 2018

Nigeria’s deadly pastoral at

To wean Nigeria off its dependency on oil export revenue, Nigeria’s president Muhammadu Buhari has often suggested turning attention to agriculture. &nbs

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Posted On: 30 Jun 2018

No Crude Oil discovered in Bi

The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Kacalla Baru has debunked claims that commercial quantities of crude o

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Posted On: 30 Jun 2018

Nigerian logistics startup Kob

When Nigerian logistics startup Kobo360 interviewed for Y Combinator’s 2018 cohort, a question stood out to founder Obi Ozor. “What’s hol

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Posted On: 30 Jun 2018

China factory growth slows in

Growth in China’s manufacturing sector slowed in June after a better-than-expected performance in May, official data showed, as escalating trade tensions

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Posted On: 30 Jun 2018

Oil Rallies Towards $80

It was only a week ago that OPEC and Non-OPEC agreed to add 1 million barrels per day (mb/d) to the market, but it already feels like a distant memory with the

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Posted On: 30 Jun 2018

AMCON: 350 Nigerians owe over

Over 350 Nigerians are said to be responsible for over 80 per of the N5.4 tillion debt profile of the Asset Management Corporation of Nigeria (AMCON),  

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Posted On: 29 Jun 2018

China's plastic recyclers go a

In a smoke-filled plant about 50 miles northwest of Shanghai, masked workers feed sacks of plastic scrap into shuddering old machines that transform them into p

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Posted On: 26 Jun 2018

Nigerian firm automates garri

 A Nigerian company, Dalisatech Limited, has produced a machine that  automates garri production, from cassava  peeling to frying into the e

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Posted On: 25 Jun 2018

NCAA: Both domestic and intern

Nigerian Civil Aviation Authority (NCAA) has said its recently released figures of revenue generated from aviation charges are verifiable.   In a stateme

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Posted On: 24 Jun 2018

US cuts Nigerian crude oil imp

The United States cut its crude oil imports from Nigeria by 62.08 per cent to 3.92 million barrels in March, the lowest monthly level since February 2016. &nbs

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Posted On: 24 Jun 2018

Court refuses to order final f

The Federal High Court in Abuja on Friday rejected the Federal Government’s request for an order of  final forfeiture of all the funds contained in a

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Posted On: 23 Jun 2018

Buhari Appoints Four CBN Non

President Muhammadu Buhari has approved the appointment of four new non-executive directors for the Central Bank of Nigeria (CBN).   The presidential app

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Posted On: 23 Jun 2018

CBN moves to sanction 19 perso

The Central Bank of Nigeria (CBN) has ordered all deposit money banks in the country to disclose all existing accounts, including related interests, operated by

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Posted On: 22 Jun 2018

Nigeria opposes boost in crude

Minister of state for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, said Nigeria would advise against additional oil supply to the global market by

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Posted On: 22 Jun 2018

Trump told Apple CEO iPhones w

President Donald Trump told Apple Inc Chief Executive Tim Cook that the U.S. government would not levy tariffs on iPhones assembled in China, the New York Times

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Posted On: 19 Jun 2018