NNPC Admits N77.92bn Under-Remittance, Reminds FG of N797bn Debt The National Petroleum Corporation (NNPC) has acknowledged that it under-remitted N77.92 billion (approximately N78 billion) to the...
Nigeria’s Consumer Confidence Remains Positive Consumer sentiment remained positive in Africa’s largest economy, Nigeria, according to data compiled by Nielsen. Nigeria’s Consumer Confidence Index (CCI) increased...
Power Sector: FG Signed Another N600bn Intervention Fund The Federal Government has signed another N600 billion intervention fund for the unstable money consuming power sector. President...
Electricity: FG Raises Power Tariff The Nigerian Electricity Regulatory Commission (NERC) has raised the tariff on power consumption across the country. Details from the NERC document...
Nigeria’s 43 Ministers and their Portfolios President Muhammadu Buhari has finally sworn-in the recently screened 43 ministers and assigned them their portfolios in Abuja on Wednesday....
Nigeria-Malaysia Trade Relations to Open Investment Opportunities The Nigerian, Malaysian Business Council (NMBC) has said the new trade and investment agreement established in 2018 will open...
Diaspora Inflows to Hit $34.8bn in 3 Years – PwC The significance of diaspora inflows can not be overemphasised despite the lack of growth strategy to...
Oil Prices Rise on Trade Comments Crude oil prices rose on Monday after the US President said the US and Chinese representatives are discussing how to...
Imports Remain High; 463% More Than Exports Federal Government efforts at stimulating local production, increasing new job creation and boosting exports are yet to crystalise across...
Nigeria’s Oil Production Rises by 8% to 1.95 Million bpd The Organisation of Petroleum Exporting Countries on Friday said Nigeria’s total crude oil production grew by...
