Economy

Nigeria’s excess crude account stands at $1.8bn in April, official discloses

Ahmed Idris, Nigeria's accountant-general has disclosed Thursday that the balance in country's Excess Crude Account (ECA) as at April 23…

Nigeria’s account allocation committee disburses N647.39bn in March

By Oluwaseun Afolabi The Federation Account Allocation Committee (FAAC) disbursed the sum of N647.39bn to the three tiers of government…

Nigeria’s mines ministry, British Geological Survey collaborate on establishing national geo-data archiving system

Nigeria’s ministry of mines and steel development through its agency, Nigeria Geological Survey Agency (NGSA), is collaborating with the British…

Ocean and Cargo Terminal Services wins concession bid for Nigeria’s Terminal ‘B’ Warri Old Port

Ocean and Cargo Terminal Services Limited has won the bid for Terminal B Warri Old Port, which is being offered…

U.S. envoy urges increased investment in Nigeria’s resources

Stuart Symington, the United States Ambassador to Nigeria, has called for increased investment in Nigeria's array of resources to scale…

Private sector accounts for 90% of Nigeria’s GDP-vice president

Yemi Osinbajo, Nigeria's Vice-President said Thursday that the country's private sector accounts for 90 percent of the nation’s gross domestic…