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A top European business lobby warned China on Thursday that it risked a protectionist backlash unless it opened its markets faster to foreign investment.

The full picture of Nigeria’s economic gloom was laid bare yesterday. The National Bureau of Statistics (NBS) released its indices which showed that the economy had contracted for the second consecutive quarter. Finance Minister Kemi Adeosun, speaking after the Federal Executive Council (FEC) meeting in Abuja, described the country as ...

The Founder of Facebook, Mark Zuckerberg, has pledged to use Nigerian languages in offering services on Facebook. Zuckerberg, who is on a business visit to Nigeria, made the promise at a meeting with software developers and ICT entrepreneurs yesterday in Lagos.  Zuckerberg, yesterday explained why he chose Lagos as first ...

Barely a month after two Federal Government officials announced that the economy was in a “technical” recession, the National Bureau of Statistics (NBS) yesterday confirmed the obvious. In its latest report, the Bureau says the economy has nosedived following rising inflation for nine unbroken years. Below are the highlights of ...

Cattle rearers in Ekiti State said Wednesday that the state government could not charge erring members of the association with terrorism for carrying light weapons. The herdsmen, under the aegis of Ekiti State chapter of the Jamu Nate Fulbe Association of Nigeria, an umbrella body for cattle rearers from Ilorin, ...

The Centre for Law Enforcement Education in Nigeria CLEEN foundation on Wednesday held a Town Hall Meeting in Lagos to discuss ways to tackle corruption in public administration. The Town Hall meeting with the theme “ Fostering Citizens Support for the war against corruption in Nigeria” dealt on the topic, ...

Ekiti-based herdsmen from Ilorin, Kwara State,  have criticised the new grazing law in Ekiti State saying, carrying lesser arms does not constitute offence  under the country’s constitution Terrorism Prevention Act 2011. The body, under the aegis of the Jamu Nate Fulbe Association of Nigeria, said the provision in the new ...

The Credit Bureau Association of Nigeria (CBAN), Central Bank of Nigeria (CBN) and International Finance Corporation (IFC) are working towards improving access to loan facilities using movable assets as collateral. The News Agency of Nigeria (NAN) reports that the institutions held a one-day workshop in Kaduna, on Wednesday, to create ...

The value of the naira at the parallel market continued to decline hitting N420 to the dollar, as dollar sales by the Central Bank of Nigeria (CBN) boosted liquidity at the interbank market where the naira closed at N306 to the dollar. At the parallel market, the naira had weakened ...

Total Nigeria Plc, has offered its vast outlet network to boost retail insurance as it enters into strategic partnership with Leadway Assurance Limited to sell motor insurance to the public. In the first phase of the initiative, Leadway’s Easy-To-Use 3rd party motor vehicle insurance recharge cards will go on sale ...