Oil Extends Slump as Euro Gains Before ECB Meet Crude’s selloff deepened, with prices slumping a fourth day amid a broad commodities retreat that dragged down...
Domestic Debt Stock Rises to N11.05tn The country’s total domestic debt profile rose to N11.05 trillion as at December 30, 2016, compared to N10.84 trillion in...
OML 29: Aiteo’s Production Hits 90,000 Barrels Daily An integrated energy group, Aiteo, said it had achieved a peak production of 90,000 barrels per day in...
IBEDC Needs N60bn for Metering Ibadan Electricity Distribution Company has said it needs between N30bn and N60bn to supply one million meters to its customers, decrying...
FG to Raise N213.7bn Treasury Bills Next Week The Federal Government plans to raise N213.75bn ($681m) from short-dated Treasury bills at an auction on March 15,...
Oil Output: FG Abandons Four-million-barrel Target Seven years after the production target of four million barrels of oil per day was set, the Federal Government has...
OPEC Deal Yielding Benefits For Nigeria The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said the agreement by the Organisation of the Petroleum...
FG Optimistic Nigeria Will Exit Recession This Year The federal government on Wednesday expressed optimism that the Nigerian economy was on the path of recovery, assuring...
Oranto Petroleum Invests $500m in South Sudan Oil Block Nigeria’s Oranto Petroleum Limited has said it has signed oil sharing agreement with South Sudan covering the...
NLC Accuses FG of Stalling N56,000 Minimum Wage The Nigeria Labour Congress has accused the Federal Government of intentionally delaying the constitution of a tripartite committee...