Wed Apr 6, 2016/Reuters By Felix Onuah and Ulf Laessing Nigerian President Muhammadu Buhari will sign a loan deal with China during a visit next week, his spokesman said on Wednesday, helping to finance badly-needed infrastructure projects. “I can’t tell you how much until the day the loan will be […]
Tag: Nigeria
AfDB scouts for viable energy models for power-starved Africa
April 1, 2016/AfDB A major preoccupation of the just-concluded visit to Asia by an African Development Bank team led by its President, Akinwumi Adesina, was the search for an efficient energy system that can be easily adapted in some of the most energy-starved African countries. Energy is at the top […]
IMF Says Nigeria’s Growth in 2016 Expected to Decline Further to 2.3%
March 31, 2016/IMF On March, 30, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation [1] with Nigeria. The Nigerian economy is facing substantial challenges. While the non-oil sector accounts for 90 percent of GDP, the oil sector plays a central role in the […]
