FG seeks $1.8bn for Rehabilitation of Refineries The Federal Government will be spending between $1.4bn and $1.8bn to rehabilitate the nation’s refineries within two years in...
Oil, Gas Remain Critical to Economic Recovery, Says Buhari Although the Federal Government is committed to diversifying the economy into agriculture, solid minerals and other critical...
CBN, Fiscal Authorities Meet on Recession Faced with a recessive economy, the Central Bank of Nigeria and the fiscal authorities are meeting to restrategise on how...
Corruption in Oil Industry Exaggerated The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, said corruption in the oil and gas industry was overblown. Kachikwu...
ExxonMobil Discovers One Billion Barrels of Oil in Nigeria Barely a week after it sold its downstream subsidiary in Nigeria, United States’ oil giant, ExxonMobil Corporation,...
Experts, PDP Warn Buhari Against Borrowing $29.96bn Economic and financial experts have warned President Muhammadu Buhari to exercise caution over his administration’s plan to borrow $29.96bn...
FG Releases 50% of Funds for Capital Expenditure The Minister of State for Budget and National Planning, Zaynab Ahmed, on Wednesday said the Federal Government had...
IMF Tells Nigeria to Address Recession With Coherent Policies The Federal Government needs to address the biting recession in the country with “a coherent and consistent...
Swedish Investors Seek Opportunities in Power, Mining Swedish companies seeking investment opportunities in the mining and electricity industries on Tuesday stormed the headquarters of the Federal...
Nigeria’s Projected 2.5mbpd Oil Output Cannot Grow Economy The Nigerian Association of Energy Economics (NAEE) has said Nigeria’s constant projection of 2.5 million barrels per day...
