Mr Oscar Onyema, Nigeria Stock Exchange (NSE) Chief Executive Officer, has predicted that Nigeria’s economy would recover from recession in 2017 with a modest Gross Domestic Product (GDP) growth forecast of 0.6 per cent.
President Muhammadu Buhari has resubmitted a list 46 non-career ambassadorial nominees to the Senate for consideration and confirmation, two months after the legislature rejected the earlier list.
The Nigerian Army has raised an army battalion that would be deployed in troubled Gambia to forcefully remove President Yahya Jammeh from power if he fails to step down on January 19, PREMIUM TIMES can authoritatively report today.
Kenya’s shilling is seen weakening against the dollar in the next week to Thursday, while the Nigerian naira is expected to strengthen, traders said.
The US government is expected to file a formal complaint on Thursday with the World Trade Organization (WTO) against China over subsidies Beijing provides to its aluminum industry.
Nigeria’s stock exchange NSE is working “very closely” with South African cell operator MTN on a listing of its shares this year, the head of the bourse said on Thursday.
Taiwan objected on Thursday to an “unreasonable” Nigerian request to move its representative office out of the capital Abuja, a day after China announced plans to invest a further $40 billion in the African country.
Nigeria’s central bank has told Bureau de Change operators it does not intend to devalue the naira and will support it at current levels, especially with a recent rise in oil prices, the head of their association said on Thursday.
Nigeria will keep faith with all agreements entered into with China, President Muhammadu Buhari has pledged. The President spoke Wednesday while receiving the Foreign Minister of the Peoples Republic of China, Wang Yi, at State House, Abuja.
Royal Dutch Shell workers in Gabon on Thursday began an “indefinite’’ strike on all operations in the Central African OPEC member, the oil workers union wrote in a letter to employees.