FG Partners Local Vehicle Manufacturers to Produce Ventilators The Federal Government has partnered local vehicle manufacturers to commence the production of ventilators in the country, according...
OPEC Reduces Nigeria’s Quota to 1.4mbpd The Organisation of the Petroleum Exporting Countries (OPEC) decision to reduce crude oil production by 10 million barrels per day...
COVID-19: Could Plunge Africa into $75bn Funding Hole -Goldman Goldman Sachs Group Inc had said the present global pandemic could plunge African continent into funding hole...
Russia, Saudi Record Cuts Fail to Lift Oil Prices The globally anticipated meeting between giants oil producers, Saudi Arabia and Russia, failed to lift oil prices...
FG to Spend N457bn Subsidy on Other Sectors -NNPC Mele Kyari, the Group Managing Director, the Nigerian National Petroleum Corporation (NNPC) has said the Federal Government...
IMF Says the World May Face Worst Economic Fallout in Century The International Monetary Fund (IMF) once again has reiterated that the world may plunge into...
FG to Release 2,600 Prisoners to Decongest Prison Facilities In an effort to decongest prison facilities amid rising cases of coronavirus in Nigeria, the Federal Government...
FG Cuts 2020 Budget as COVID-19 Bites The Federal Government has forwarded the revised 2020 budget to the National Assembly, lowering initial costs to accommodate changes...
World Bank Donates $82m to Nigeria The World Bank Group through the World Bank’s Regional Disease Surveillance Systems Enhancement Project has made available $82 million to...
Low Oil Prices to Pressure Naira – Report The weak oil prices and rising economic uncertainty will pressure the Nigerian Naira as Africa’s largest economy struggles...