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Covid-19 Could Take 5-Years To Bring Under Control, Warns WHO’s Chief Scientist

It could be four to five years before the Covid-19 pandemic is under control, a senior global health official has said. But with hopes of an end...

NLNG Signs EPC Contract for Train 7 Expansion Project

The Nigeria Liquefied Natural Gas, NLNG,  has signed the engineering, procurement and construction (EPC) contract for  the long-awaited Train 7 project in line with its major...

IMF to Release New Global Economic Outlook in June, Says Things Are Getting Worse

Nigeria’s foreign exchange buffer rose 3.75 per cent to $34.78 billion by May 12, 2020 (month-to-date) the latest data posted on the website of the Central...

Budget Deficit Soars to N5.1tr As FG Reviews 2020 Spending Plan

Following the Federal Executive Council (FEC) approval of a revised 2020 Budget and Medium Term Economic Plans (MTEP) last Wednesday, the initial budget deficit of N2.18 trillion...

DMO Unveils Revised Guidelines For External, Domestic Borrowing For FG, State, FCT

The Debt Management Office (DMO) has unveiled new guidelines on external and domestic borrowing by federal and states as well as the Federal Capital Territory (FCT),...

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NSITF, South Africa’s RMA Sign MOU on Social Insurance, Technical Cooperation

The Nigeria Social Insurance Trust Fund (NSITF) and South...

Transmission Company of Nigeria Restores Alaoji-Owerri 132KV Transmission Lines

The Transmission Company of Nigeria (TCN) says the Alaoji–Owerri...

Nigeria Seeks Partnerships to Build World-Class Steel Industry

Minister of Steel Development, Prince Shuaibu Audu, has called...

Afreximbank Africa Trade Report Shows Africa Can Turn Geopolitical Disruptions into Long-Term Growth Opportunity

The report highlights Africa's continued growth resilience despite significant...
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