Militancy Deprived Nigeria of $100bn in 2016 –Kachikwu The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said the country lost as much as...
NBCC to Boost Nigeria-UK Trade Volume Above N7.7 Trillion New initiatives mulled by the Nigerian-British Chamber of Commerce (NBCC) could drive trade volume between Nigeria and...
Angola Overtakes Nigeria as Africa’s Top Oil Producer Despite recording the biggest increase in output among its peers in the Organisation of Petroleum Exporting Countries, Nigeria...
NNPC Increases Petroleum Products Importation The Nigerian National Petroleum Corporation on Monday announced measures to sustain the nationwide supply of Premium Motor Spirit (petrol), Automotive Gas...
Banks’ Deposits Rise by N5.33bn in January Banks’ deposits rose marginally by N5.33 billion in January thus reversing negative trend recorded in December. However, the naira...
External Reserves Rise by 20% in Three Months The nation’s external reserves have risen by $4.7bn or 20 per cent in the past three months, according...
Power Distribution Firms Owe Gencos N243bn The National Bureau of Statistics on Sunday said that out of the N331.02bn worth of invoices issued by the power...
FG Budgets N51bn to Revive Textile Industry The Federal Government has set aside the sum of N51bn in this year’s budget to promote the development of...
Gas Production Rises by 31% in Three Months The national production of gas in Nigeria has witnessed a consistent monthly rise following the gradual decline in...
OPEC Countries Complying With Agreed Output cuts OPEC countries are largely complying with a landmark deal to reduce the global oil glut, the IEA said Friday,...