Inflation Rate May Hit 20% in First Quarter Economic and financial experts have said that the country’s inflation rate may rise further to 20 percent during...
FG, Oil Firms Optimistic About Increased Crude Production The Federal Government and oil firms have expressed optimism that crude production in the country will increase this...
Manufacturers Spend N226bn Monthly on Gas About 2,000 manufacturers using gas to power their operations spend an average of N200bn a month on power generation, investigation...
FG Sets Aside N20bn for Export Grant Arrears The Federal Government has set aside N20bn as tax credit to settle part of the N300bn outstanding claims...
Nigeria’s Oil Exports Face Fresh Disruption The nation’s crude oil production and export have hit a fresh snag following the shutdown of the Trans Niger Pipeline,...
Customs Generates in N1.3b in December The Nigeria Customs Service, Federal Operations Unit, Zone ‘A’ Ikeja, Lagos, has earned about N1.3 billion through its anti-smuggling operations...
FG Slashes Import Duties On 115 Items The Federal Government, in a bid to promote development in critical sectors of the economy, has approved a reduction...
Total Global Debt Tops 325 Percent of GDP as Government Debt Jumps Global debt levels rose to more than 325 percent of the world’s gross domestic...
Real Sector Gets CBN’s $2.5b Forex in Four Months Amid foreign exchange scarcity, the nation’s real sector operators were able to access about $2.53 billion at...
Nigeria Targets 2.6 Million Barrels Per Day Refining Capacity Nigeria may be on the path to becoming self-sufficient in the production of petroleum products, as the...
