By investing in certain tree species that have a shorter gestation period of six months and developing a backward integration plan for the paper and pulp industry, Nigeria may be able to revive ailing paper manufacturing firms and conserve foreign exchange.

World Trade Organization (WTO), members have selected two final candidates. From Nigeria, Ngozi Okonjo-Iweala and South Korea Yoo Myung-hee to advance to the final round in the race to lead the Geneva-based trade body, Bloomberg has reported.

The discussions between the Federal Government and organised labour over the recent electricity tariff increase seems to be yielding a positive result.

The Federal Government has extended the suspension of the new electricity tariff by one week.

The Nigerian Economic Society on Tuesday berated the regime of President Muhammadu Buhari over its handling of the economy, which it said was directionless and unstable.

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