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Business and Economy

Border closures in Nigeria are putting further pressure on a burdened economy, experts warn

By Jennifer Y Omiloli The closure of Nigeria's border, principally aimed at curbing smuggled goods flows such as rice and tomatoes, effectively cut off trade...

N100bn needed to revive cotton, textile, garment sub-sector–Emefiele

By Our Reporter The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele says more than N100 billion is needed to revive Cotton,...

China actively opens up to achieve win-win development with the world

By Zhong Sheng Against the backdrop of increasing uncertainties and destabilizing factors in the world economy, China has taken firm and strong actions to open...

National currency processing coys must have N3bn capital–CBN

By Our Reporter The Central Bank of Nigeria (CBN) says henceforth, any company registered to operate as a National Currency Processing Companies (CPC) must have...

ICAN, Abia govt agree to partner on capacity building for civil servants

By Our Reporter Mr Nnamdi Okwuadigbo, the President of the Institute of Chartered Accountants of Nigeria (ICAN) said the institute was willing to collaborate with...

Business in Africa’s largest economy is becoming easier: A critical review of World Bank Report

By Jennifer Y Omiloli According to the World Bank, the notorious challenges of doing business in Nigeria are slowly becoming simpler. Nigeria is ranked 131 out...

Nigeria won’t tap international debt markets for the remainder of the year – Oniha

By Jennifer Y Omiloli Nigeria won’t tap international debt markets for the remainder of the year, the federal government debt management office said. Patience Oniha, the...

Shanxi to push sustainable development through energy reform

  By Hu Jian, Zhou Yajun, People's Daily   North China’s Shanxi province has launched a set of revolutionary, exemplary and landmark measures to improve its energy...

Shanxi shoulders responsibility and leads energy reform

  Low-carbon energy development concerns the future of humanity, Chinese President Xi Jinping said in a congratulatory letter to the Taiyuan Energy Low Carbon Development...

What 6% GDP growth means to China’s economy

Source:Global Times China's GDP grew by 6 percent year-on-year in the third quarter, slower than expected. It has triggered widespread discussions at home and abroad....

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