The Nigerian National Petroleum Company (NNPC) has stated that due to the increase in the price of crude oil in the global market, an additional N2.5...
In its continuous efforts to boost the country’s economy and as well, reduce inflation, the Central Bank of Nigeria (CBN) led Monetary Policy Committee (MPC) has retained...
The COVID-19 pandemic, no doubt, has had significant economic consequences, especially on low-income and less developed countries. It is in view of this that the International Monetary Fund...
The Federal Government has suspended plans to remove fuel subsidy by the end of the first half of 2022 over heightened inflation, according to the Minister...
The total works presently carried out on the Lekki Deep Seaport Project in Lagos have amounted to 80 percent of the completion stage. The proposed world-class...
With plans to process 540,000 barrels of oil per day, the Dangote refinery is set to commence operations in the third quarter of 2022. This development...
Following insinuations that the subsidy on petrol will be removed after the first half of the year 2022, the National Economic Council (NEC) has stated that...
The International Monetary Fund (IMF) on Thursday has predicted that COVID-19 will erode more than $12.5 trillion previously estimated from the global economy through 2024. Kristalina...
The Nigeria Governors’ Forum (NGF) under the chairmanship of Dr Kayode Fayemi has said it will meet with the Nigerian Labour Congress (NLC) and the Trade...
Since the Royal Dutch Shell Petroleum Development Company (SPDC) exited Ogoniland, Rivers State, in 1993, Nigeria has suffered a total loss of $178.85 billion or N72...
