9mobile Secures $230m from AFC for Expansion

The Minister of Finance, Mrs. Kemi Adeosun has told...

The United States decreased its oil import from Nigeria by 67 per cent in 2014, signaling growing economic pain and sustained pressure on foreign reserves, already down to $29.3 billion as at April 15, 2015, its lowest point since 2010. Figures from the US Department of Commerce suggest that U.S. total trade in 2014 (exports plus imports) with sub-Saharan Africa (SSA) also went down by 18 per cent to $52.1 billion compared to 2013. “In 2014, U.S. imports from SSA decreased by 32 percent, falling to $26.7 billion and representing only 1.1 percent of total U.S. imports from the world. This decrease was mostly due to a 51 percent decrease in U.S. mineral fuel and oil imports from SSA. U.S. imports from SSA originated, for the most part, from South Africa Nigeria, Angola, Côte d’Ivoire, and Chad,” the report says.

Insurance and pension experts, in addition to other stakeholders...

The emerging APC administration is seriously considering mass re-engineering...

Veritas Kapital Assurance (VKA) Plc - one of the...

The National Pension Commission (PenCom) hereby informs the public...

Stanbic IBTC Bank, one of Nigeria’s leading financial institutions,...

The global smartphone market recovery will be impacted in...