States Jerk up Deficit Spending by 90% to N800bn The 36 state governments are set to incur about N800 billion budget deficit in 2021, representing a...
Fuel Subsidy Hits N1.7bn/pd, as Oil Price Hovers at $63.1 Per Barrel There are indications that despite the implementation of the no subsidy policy by the...
African Union to Set up Infrastructure Fund The African Union (AU) is setting up a fund to finance the construction of much-needed roads, railways and power...
Electricity Generation Drops as Idle Plants Rise to 11 The number of idle power plants on the national grid rose to 11 on Thursday, a day...
Discos to Pay for Energy Rejection – NERC Power distribution companies that reject electricity load due to constraints in their networks will now have to pay...
Experts Rate Economy as Weak Despite Exit from Recession Nigeria exited recession after the country’s Gross Domestic Product recorded a slight growth of 0.11 per cent...
NNPC, Marketers Differ on Petrol Price, Queues Surface The Nigerian National Petroleum Corporation on Thursday said it had not effected any increase in the ex-depot price...
Nigeria’s GDP Grew by 0.11 Percent in Q4 2020 Nigeria, Africa’s largest economy, grew by 0.11 percent year-on-year in the final quarter of 2020, according to...
Nigeria’s Inflation Escalates, Hits 16.47 Percent in January 2021 Prices of goods and services in Africa’s largest economy rose by the most in January, according to...
Gas Supply Increase Raised Power Generation by 3,358MW – NNPC The Nigerian National Petroleum Corporation in its latest monthly operations report said the increase in gas...
