Nigerian Breweries Inaugurates N11bn Ota Plant Former President Olusegun Obasanjo and Ogun State Governor, Ibukunle Amosun, on Wednesday inaugurated the new plant of the Nigerian Breweries...
FG to Increase Oil and Gas Output in 2020 The Nigerian National Petroleum Corporation, NNPC, said it is facilitating the growth of the midstream oil sector...
China’s FX Reserves Hit $3tn China’s foreign exchange reserves unexpectedly rose for the first time in eight months in February, rebounding above $3 trillion as a...
Nigeria External Trade Hits N17.35bn in 2016 The National Bureau of Statistics has said the value of the total trade at the end of 2016 was...
FG to Reduce Stakes in Refineries, Oil Assets The Federal Government has said it will reduce its stakes in Joint Venture oil assets, refineries and other...
FG Unveils Economic Recovery Plan to Raise VAT on Luxury Items After months of extensive consultation with stakeholders from both the private and public sectors of...
Nigeria Loses N3.45bn Daily as Shell Shuts Bonga Nigeria’s first deepwater development, the Bonga field, has been shut down, causing oil firms and the nation a...
FG Begs Foreign Airlines to Use Kaduna Airport The Federal Government on Monday announced that the Nnamdi Azikiwe International Airport, Abuja would be closed in the...
NLNG Predicts Demand Growth from China, India The Nigeria Liquefied Natural Gas Limited (NLNG) has stated that with the current LNG demand growth from China, India,...
Egina Field to Contribute 10% of Nigeria’s Oil Output in 2018 Total Exploration and Production Nigeria Limited has stated that crude oil production from its Egina...