Manufacturing Sector Expands at Slower Rate in January Nigeria’s manufacturing activity expanded at a slower rate in the month of January, according to the Central Bank...
FG Swaps 150.4mb Oil for Refined Products The Federal Governement through the Nigerian National Petroleum Corporation (NNPC) swapped a total of 150.4 million barrels of crude...
FG Raises NYSC Allowance to N33,000 The Federal Government has finally raised monthly allowance of the nation’s serving corps members from N19,800 to N33,000. According to...
Oil Price Drop Amid Coronavirus Outbreak Global oil price fell this week following outbreak of a new Coronavirus in Wuhan, China, the world’s largest importer of...
Price of Cooking Gas Increased in December A recent data by the National Bureau of Statistics (NBS) has shown that price of cooking gas (Liquefied Petroleum...
Novel Coronavirus to Hurt Oil Demand – Goldman Sachs The new coronavirus could impact global oil demand significantly in 2020, according to a projection by World’s...
NBET: Discos Owe N430bn in 11 Months Power distribution companies (Discos) are owing N429.87 billion, according to the Nigerian Bulk Eectricity Trading Plc (NBET). Discos total...
Again, Nigeria’s Refineries Posted Combined N123b Loss The Nigerian National Petroleum Corporation (NNPC) said the nation’s refineries made a combined loss of N123.25 billion between January...
UK Signs £6.5b Commercial Deals with Nigeria, Others The United Kingdom has announced that a number of British firms have signed commercial deals valued at £6.5...
Libya Unrest Pushes Oil Price to $65 Oil price hits $65.72 per barrel on Monday as two crude oil production bases began shutting down in Libya...
