China To Build Electric Vehicles Factories In Nigeria, Boost Mining Ties

The Chinese Ambassador to Nigeria, Yu Dunhai, has reaffirmed China’s commitment to deepening bilateral cooperation with Nigeria, particularly in the solid minerals sector, through the establishment of electric vehicle (EV) factories and increased industrial collaboration. Speaking during a courtesy visit to the Minister of Solid Minerals Development, Dele Alake, at the weekend, Ambassador Dunhai emphasised…

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“I Am A Northerner” – NNPC Boss Ojulari Vows To Continue Oil Search In Northern Nigeria

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mr. Bashir Ojulari, has promised that oil exploration in northern Nigeria will continue. He said drilling activities at the Kolmani oil field in the North-East will soon resume. Mr Ojulari made this known during an interview with the BBC, where he assured…

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Nigeria’s Economy Recorded Fastest Growth In 2024, Says World Bank

Nigeria’s economy recorded its fastest growth in about a decade in 2024, the World Bank said yesterday, alluding to early gains of macroeconomic reforms by the President Bola Tinubu’s administration. World Bank’s Lead Economist for Nigeria, Alex Sienaert, pointed out Federal Government’s improved fiscal position, driven by reforms in key areas of petroleum, foreign exchange…

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