Oil rises above $68, highest since May 2015
Nigeria spends 34% of revenue on debt servicing – DMO
254 firms submit bids to buy, sell Nigeria’s crude
Nigeria’s oil production hits 2.5mb/d
Edo signs MoU with Chinese firm on Gelegele seaport
Asian shares step back from 2007 peak, oil at three-year high
World Forecasts 2.5% Growth for Nigeria in 2018
The World Bank has forecast that economic growth in Nigeria would edge up to at least 2.5 per cent in 2018, as the country benefits from improved commodity prices, investments and trade.According to the World Bank’s January 2018 Global Economic Prospect report launched on Tuesday in Washington DC, Nigeria’s Gross Domestic Product (GDP) is expected to grow by 2.8 per cent in 2019 and 2020.The News of Agency of Nigeria (NAN) reports that the World Bank also forecast that global economic growth will go up to 3.1 per cent in the year.Read More…]