Nigeria’s Foreign Commercial Loans Rise to $8.8bn Nigeria’s exposure to commercial loans has risen by 486.67 per cent in the last three years as the loans...
Fed Govt Mulls VAT Removal on Locally Produced LPG The Federal Government is working with relevant agencies to remove the controversial value added tax (VAT) from...
Rising Debt, External Reserves Decline Slow Economy The recent rise in the nation’s debt profile and continued decline in the external reserves are slowing down the...
Buyers Snap up Nigerian Crude as Prices Drop The decline in the prices of Nigerian crude oil has helped end a week-long deadlock between sellers and...
Pension Assets Rise to N8.23tn Total assets under the Contributory Pension Scheme rose to N8.23tn at the end of the second quarter of 2018, figures obtained...
BoI Unveils Finance Scheme for Leather Manufacturers To improve capacity of operators in the leather products manufacturing sector and intensify import substitution, especially for those in...
Power Grid Collapse Persists, Drops Twice in Two Months Nigeria’s electricity grid is still witnessing system collapse as it recorded total failure twice in the last...
NNPC Chief Urges Firms to Diversify The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, has called on stakeholders in the oil and...
National Power Grid Highly Unstable – BEDC The Benin Electricity Distribution Company Plc has described the nation’s power grid as highly unstable, with over 2,000 outages...
Government Policy, Funding Stall Proposed Oil Refineries Government policy in the downstream sector and paucity of funds as well as inadequate technical capacity are pulling a...
