How Diezani, Others Diverted NNPC’s $1.8bn Nigerian businessmen, Kola Aluko and Jide Omokore, have urged the Federal High Court in Lagos to stay further proceedings in...
Crude oil price on Monday edged up to about $49 per barrel after fewer drilling rigs were added in the United States, thus easing concerns that...
Minister Unveils $1m Venture Capital for Creative Industry The Minister of Information and Culture, Alhaji Lai Mohammed, on Monday announced the establishment of a $1m venture...
FG Records N397bn Deficit in May The Federal Government recorded N397 billion deficit in May due to slowdown in economic activities, which occasioned 48 per cent...
Inflation Continues to Cool in June Cost of goods and services in Nigeria continue to moderate in June following the surge in forex liquidity in the...
FG Supports 327,000-tonne Iron, Steel Plant The Federal Government has announced its support for the establishment of a 327,000-tonne iron and steel plant as part of...
Refineries Now Supplying 60% kerosene Demand – NNPC The Nigerian National Petroleum Corporation on Sunday said that its refineries in Port Harcourt, Warri and Kaduna were...
Crude Oil Prices Averaged $48/b Early July Crude oil prices – that is, Brent crude, Bonny Light crude and WTI Midland crude- averaged $48.07 per barrel,...
Sale of National Assets’ll Reduce Govt Borrowing — Experts As the debate over the nation’s debt sustainability continues, economic and financial experts have advised the Federal...
Preparing Nigeria for Possible Crude Oil Production Cut A capping or reduction in Nigeria’s crude oil output is likely going to happen soon and this will...
