Experts to Buhari: Remove Petrol Subsidy, Cut Interest Rates Foreign and local economic experts have said President Muhammadu Buhari should put at the top of his...
NNPC Plans Fertiliser, Power Plants in Bayelsa, Kaduna, Others The Nigerian National Petroleum Corporation on Tuesday expressed its preparedness to build additional Independent Power Plants in...
SA Economic Growth Slows in Q4 2018 Growth in Africa’s second largest economy South Africa slowed in the fourth quarter of 2018 as fixed investment dipped....
Nigeria Topples Egypt as Largest Rice Producer in Africa Efforts by the current administration to reduce importation and enhance economic growth through local production of rice,...
Petrol Imports: FG Spends N2.95tn in 2018 The cost of importing Premium Motor Spirit, known as petrol, jumped by almost 50 per cent to N2.95 trillion...
Nigeria Loses $16bn to Production Sharing Contracts —NEITI The Nigeria Extractive Industries Transparency Initiative said that Nigeria lost at least $16 billion in ten years due...
Nigeria’s Refineries Lose N114.3bn in 11 Months The Nigerian National Petroleum Corporation has reported that refineries across the nation accumulated N114.5 billion in losses during the...
Nigeria’s Trade Volume Rises N32.2tn in 2018 The total volume of trade in 2018 stood at N32.2 trillion, according to the National Bureau of Statistics. The...
Nigeria’s Oil Exports Drop as Aiteo Shuts Pipeline The nation’s crude oil export has suffered a setback following the shutdown of the Nembe Creek Trunk Line,...
Manufacturing Sector Expands in February The Nigerian manufacturing sector sustained expansion in February for the twenty-third consecutive month, the Central Bank of Nigeria reported on Wednesday....