economy+ october 2018

Nigeria Resumes Export of Hibiscus to Mexico

Nigeria is set to resume the export of hibiscus (known as ‘Zobo’ in Hausa) to Mexico after the first export worth $35 million in nine months. The Coordinating Director of the Nigeria Agricultural Quarantine Service (NAQS), Dr Vincent Isegbe, stated...
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Nigeria-Norway Trade Volume hits $30b

The trade volume between Nigeria and Norway stands at $30 billion, the Norwegian Ambassador to Nigeria, Jens-Petter Kjemprud, has said. At a forum by the Nigerian Norwegian Chambers of Commerce (NCNN) in Lagos, during the week, he said there is...
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Nigeria’s Gas Reserves Now 202trn Cubic Feet

Nigeria’s current proven gas reserve has gone up to 202 trillion cubic feet (tcf) from the initial figure of 199tcf, the Nigerian National Petroleum Corporation (NNPC) has disclosed. The corporation also stated that the country’s unproven gas reserves is now...
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PZ Cussons Grows Revenue to N80.6bn

PZ Cussons Nigeria Plc has announced that its consolidated revenue grew by three per cent to N80.6bn in the year ended May 31, 2018. According to the firm’s Chairman, Chief Kola Jamodu, the revenue growth was higher than the N78.2bn...
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