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...
FG Generates N70b From Voluntary Asset Declaration The Minister of Finance, Mrs Zainab Ahmed, has said the Federal Government generated N70 billion from the Voluntary Assets...
FG Exempts Pads, Food Items, Others From New VAT Law The Federal Government has exempted 20 food items, tuition fees of students in primary, secondary and...
Inflation Rate Rises to 20-Month High Nigeria’s inflation rate rose to a 20-month high of 11.98 percent year-on-year in the month of December 2019, the National...
Oil Production Drops to 1.57m barrels Nigeria’s crude oil production dropped to 1.57 million barrels per day in December, according to the Organisation of Petroleum Exporting...
Oil Prices Rise Amid Trade Deal Global oil prices rose slightly during the Asian trading session on Thursday after the U.S and China signed the first...
US, China Sign Initial Trade Deal The two world’s largest economies on Wednesday signed the first phase of the trade deal after 18 months of discussions...
