Nigeria, Brazil plan new agreements as trade drops by $8bn
Nigeria and Brazil are considering the possibility of establishing direct flight operations between their respective financial capitals of Lagos and ...
Monday, January 6, 2025
Tag: Nigeria
AfDB: Nigeria Faces Social Unrest
The African Development Bank (AfDB) has voiced concern over the potential for social unrest in Nigeria and other African nations ...
Nigeria’s crude production drops to 1.419mbpd, OPEC reveals
Nigeria’s crude oil production marginally dropped to 1.42 million barrels a day in January 2024, according to Organisation of Petroleum ...
IMF forecasts $8bn fall in Nigeria’s 2024 foreign reserves
The International Monetary Fund has said Nigeria’s foreign reserves may fall to $24bn in 2024. The fund revealed this in ...
Nigeria flared $2bn gas in four years – Report
Gas valued at $1.9bn was flared in Nigeria between 2020 and 2024, a report by the Nigerian Gas Flare Tracker ...
Nigeria gets $5 million as African startups raise $77 million in January
In the initial month of the year, African startups across Africa secured funding exceeding $77 million. According to the 'Africa: ...
Norway seeks stronger ties with Nigeria on energy
The Norwegian Ambassador to Nigeria, Svein Baera, has said there is a need for Nigeria and Norway to strengthen their ...
Nigeria-China trade hits $23bn, says envoy
The representative of the Chinese Ambassador to Nigeria and the Consul General of the People’s Republic of China, Yan Yuqing, ...
Nigeria’s inflation rate to drop to 23% in 2024, 15.5% in 2025 – IMF
The International Monetary Fund (IMF) has predicted a decline in Nigeria’s inflation rate to 23 percent in 2024 and 15.5 ...
Nigeria, Morocco fast-track talks on $30bn gas pipeline
The Federal Government has intensified discussions with the Kingdom of Morocco in a bid to fast-track the process of achieving ...
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