Oil Price, Forex Policy Hamper Economic Recovery The country’s economy may struggle to rebound from its worst slump in 25 years unless President Muhammadu Buhari ends...
Nigeria, India Trade Falls to $12bn in 2016 Indian Acting High Commissioner, Mr Kaiser Alam, has said that the trade volume between Nigeria and India dropped...
No Reduction on Petrol Price, Says PPPRA Petroleum Products Pricing Regulatory Agency (PPPRA), has said there is no going back on the pump price of Premium...
Oil Prices Cut Losses Amid Market Strength Oil prices traded roughly flat on Wednesday, shrugging off a report from the United States Energy Information Administration that...
FEC Approves Completion of Odogunyan Power Project The Federal Executive Council on Wednesday approved the completion of the abandoned Odogunyan power project in Lagos state at...
Global Energy Demand to Increase by 40% The Organisation of Petroleum Exporting Countries, OPEC, has said that the total global primary energy demand will rise by...
Foreign Exchange Inflows Surge by 82.5% The Nigeria’s capital importation increased significantly in the last month of the year, following a surge in global oil prices, according...
Rising Inflation Worsens Nigeria’s Misery Index The sustained increase in the consumer price index (CPI), which is used to gauge inflation in the country has worsened...
FG Considers Asset Sales, Others to Revamp Economy The Minister of Budget and National Planning, Senator Udo Udoma, on Monday gave further insights into the Federal...
ENI to Repair Port Harcourt Refinery A Memorandum of Understanding between Italian oil giant ENI and Nigerian National Petroleum Corporation was signed in Rome today with...
