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South Korea has postponed the opening of new duty-free shops by one year amid a diplomatic row between Seoul and Beijing

Everest Amaefule, Abuja With a combined foreign debt profile of $1.89bn, Lagos, Kaduna and Edo have retained their spots as the states most exposed to foreign debts. As of June 2016, the three states had a combined foreign debt profile of $1.84bn. Statistics obtained from the Debt Management Office in ...

Stanley Opara The police unit of the Securities and Exchange Commission has arraigned the BGL Group and its officials at the Chief Magistrate Court Zone 6, Abuja on charges of  criminal conspiracy, breach of trust and cheating. The offences are contrary to Sections 96, 312, 322 and 323 of the ...

Anna Okon Local manufacturers lose an average of $3bn annually due to the preference of Nigerian government and consumers for foreign goods. The President, Manufacturers Association of Nigeria, Dr. Frank Jacobs, disclosed this on Thursday in Lagos during a media parley to intensify campaign for made-in-Nigeria goods. The MAN president, ...

Ten thousand Nigerian students are among over one million international students admitted into United States universities this year, a US envoy announced in Lagos on Thursday. US Consul-General in Lagos, Mr. John Bray, made the disclosure at a College and Career Fair  organised by Education, USA and the Foreign Commercial ...

Olalekan Adetayo, Abuja The Federal Government has said despite the nation’s recent exit from recession, Nigeria’s economy is still vulnerable to shocks. The Minister of Budget and National Planning, Udo Udoma, said this while addressing a meeting of the National Economic Council presided over by Vice-President Yemi Osinbajo at the ...

Thai stocks opened up 0.04% at the start of trade this morning.

Thailand is proposing the establishment of a US-Thai strategic partnership committee to boost trade and investment and underline cooperation on technology and education.

L'Azienda America accelera: il pil cresce nel secondo trimestre del 3,1%, mettendo a segno il risultato migliore dai primi tre mesi del 2015. E soprattutto superando l'obiettivo di Donald...

To restructure the economy, the Federal Government is targeting at least $30 billion revenue from non-oil sources. This will be an increase of $25billion from the current $5 billion. Nigerian Export Promotion Council (NEPC) Director – General Segun Awolowo announced this plan yesterday after the National Economic Council (NEC) meeting ...