Global Oil Prices Dipped on Friday as New COVID-19 Cases Jump Globally Global oil prices decline on Friday as the number of confirmed COVID-19 cases surged...
Discos Says it is Losing N14bn Monthly Because of NERC Capped Tariff The Nigerian power Distribution Companies (Discos) have said they a losing N13.9 billion in...
Nigeria Must Ramp up Industrialisation to Prevent Dumping by Other Nations The Speaker of the House of Representatives, Femi Gbajabiamila, has said the nation can not...
FG Says Its Done With Fuel Subsidy After Years of Wasted Resources The Federal Government through the Ministry of Petroleum Resources said there is no going...
Buhari to Sign 2020 Revised Budget Into Law on Friday President Muhammadu Buhari will sign the 2020 revised budget on Friday, according to the Minister of...
African GDP to Contract by $236bn in Value Says AfDB The African Development Bank (AfDB) has said the ravaging COVID-19 pandemic could cost the entire African...
Brent Crude Oil Sustains Upsurge Despite Rising US Inventories Brent crude oil, against which Nigerian oil is priced, sustained its upsurge at $43 per barrel on...
Rep To Investigate NNPC, NLNG Over Illegal Withdrawal of $1.05bn from NLNG Account The Nigerian House of Representatives has concluded plans to investigate illegal withdrawal of...
FG Reduces Tv, Radio Stations Licence Fee by 30%, Writes Off 60% Debt The Federal Government has reduced the existing licence fee paid by all open...
PwC Says Inflation Will Average 12.2% in 2020 PricewaterhouseCoopers (PwC) has predicted that the nation’s inflation rate will average 12.2 percent in 2020. In the report...