Militants Blow up Conoil Facility in Bayelsa A Niger Delta militant group, known as the Koluama Seven Brothers, has blown up a crude oil pipeline owned...
Nigeria Loses N197bn to Gas Flaring in Nine Months Oil and gas firms operating in the country flared a total of 215.9 billion standard cubic feet...
Flight Operations Begin at Abuja Airport’s New Terminal The newly inaugurated international terminal at the Nnamdi Azikiwe International Airport, Abuja, has officially been opened for operations...
Nigeria’s Economic Outlook for 2019 Nigeria’s economic outlook remains challenging in 2019 as investment inflows and revenue generation are projected to drop further in the new...
Crude oil cargoes leaving for the United States from Nigeria and other members of the Organisation of Petroleum Exporting Countries dropped in December to the lowest...
FG Proposes to Spend N2.26tn on Debt Servicing The Federal Government has proposed to spend a total of N2.26tn on debt servicing in the 2019 fiscal...
India, Nigeria’s Biggest Trading Partner in Q3 2018 – NBS India was Nigeria’s biggest trading partner in the third quarter of 2018, gulping N719.2bn of crude...
Expect Huge Election Spending, Slow Economic Activities in 2019 – Experts The N8.83tn 2019 budget predicated on the oil price of $60 per barrel was only...
Nigerians Fear Weaker Economy From Rising Inflation – CBN report Respondents in a survey carried out by the Central Bank of Nigeria’s Statistics Department in the...
Deliver Lagos-Ibadan Rail in Two Weeks, FG Orders Contractor The Federal Government on Thursday gave marching orders to the contractor handling the Lagos-Ibadan rail line to...
