Nigeria’s annual inflation rate surged to 27.33% in October from the 26.72% recorded in the previous month, according to the National Bureau of Statistics (NBS). The...
The Federal Government, through the Niger Delta Power Holding Company (NDPHC), has inked a Power Purchase Agreement with various utility companies, paving the way for the...
The Nigerian National Petroleum Company Limited (NNPC) has announced that the $2.8 billion Ajaokuta–Kaduna–Kano (AKK) gas pipeline project, under construction by Oilserve Limited, is set to...
The Nigeria Customs Service, Seme Area Command, has announced the facilitation of N8 billion worth of export cargoes from September till date. Timi Bomordi, the Customs...
China’s economic landscape shows signs of resilience as retail sales and industrial output grew in the month of October. The National Bureau of Statistics reported a...
Edo State Governor, Mr Godwin Obaseki, has unveiled plans for the expansion of the Edo Modular Refinery by an additional production capacity of 6,000 barrels per...
Leading audit and advisory firm KPMG has released a macroeconomic review for the first half of 2023, forecasting that Nigeria’s headline inflation is poised to escalate...
The Nigeria Extractive Industries Transparency Initiative (NEITI) disclosed that federal government revenue-generating agencies remitted approximately N14.4tn to the Federation Account from the extractive sector between January...
Nigeria Liquefied Natural Gas Limited (NLNG) has identified vessel scarcity, foreign exchange rate fluctuations, and the surge in global oil prices as the primary factors behind...
Moody’s Investors Service has issued a warning of a potential credit downgrade for the United States, citing expanding budget deficits and heightened political polarization. In a...
