OPEC March Oil Output Dropped to 11-month Low Crude oil production by the Organisation of Petroleum Exporting Countries fell in March to an 11-month low due...
Nigeria’s Active Oil Rigs Hit Three-year High From a record low of 23 in December 2016, the number of the nation’s active oil rigs rose to...
Buhari Okays $1bn Equipment for Military President Muhammadu Buhari has approved the purchase of equipment worth $1bn for the military. The Minister of Defence, Mansur Dan-Ali,...
MPC Wants Reduced Allocations to FG, States, LGs The Monetary Policy Committee of the Central Bank of Nigeria on Wednesday expressed concern over the increase in...
Nigeria Loses N740b Yearly in Rubber Industry The Executive Director, National Rubber Association of Nigeria (NRAN), Dr. Sunday Kolawole, has said Nigeria loses over N740 billion...
Oil Prices Near $70 on Lowering U.S Drilling Oil prices have been lifted by a drop in United States (U.S.) drilling activity as well as by...
World Bank, FG Discuss New Lending Framework The World Bank and senior officials of the Federal Government on Tuesday commenced a discussion aimed at explaining new...
Indigenous Firm to Spend N137.5bn on Industrial Island Genesis Worldwide Shipping Company which owns Integrated Oil and Gas Company, has announced that the total amount that...
Nigeria’s Manufacturing PMI Expands in March Activity in the Nigerian manufacturing sector expanded for the twelfth consecutive month in March. The manufacturing Purchasing Managers Index stood...
LCCI Faults IMF’s Call for Monetary Tightening The Lagos Chamber of Commerce and Industry has described the recent call by the International Monetary Fund for a...
