India-Nigeria trade hits $9bn as firms deepen local production
By Yinka Kolawole India-Nigeria bilateral trade rose by 26 per cent to about $9 billion in 2025–26, from $7.13 billion recorded in 2024–25, as economic ties between both countries deepen beyond oil and commodities into manufacturing, healthcare, energy, technology and job creation. The Indian High Commissioner to Nigeria, Abishek Singh, disclosed that more than 200 Indian […]
Saudi Arabia calls for oil producers to extend cooperation
Top oil exporter Saudi Arabia called Sunday for extending cooperation between OPEC and non-OPEC producers beyond 2018, after a deal to cut output succeeded in shoring up prices.
Petrol subsidy may hit N449billion – Investigation
Unless Nigeria’s refining output rises significantly or the price of crude oil in the international market drops to an average of $40 per barrel or the Naira appreciates against major international currencies, Nigeria may spend about N448.8 billion subsidising Premium Motor Spirit, PMS, otherwise known as petrol, in 2018.
Nigerian Stock Exchange: Banking stocks lead equities rally
At the end of week’s trading today, 40 companies appreciated in price compared to 32 companies that recorded price depreciation, while the price of 100 companies remained unchanged.
Many states still owe workers’ salaries despite bailout funds – Survey
Many state governments have used the third tranche of the Paris Club refund to pay the arrears of workers’ salary and pension, a survey by the News Agency of Nigeria has revealed.
SEC extends deadline for free e-dividend registration to February 28
The Securities and Exchange Commission, SEC, has extended the deadline for the free electronic dividend (e-dividend) registration to February 28, 2018.
