Fresh data obtained from the Central Bank of Nigeria (CBN) has shown that Nigeria’s external reserves…
Category: Business/Economy
SERAP urges NNPC to disclose Nigeria’s daily oil production, export proceeds
The Socio-Economic Rights and Accountability Project (SERAP) has urged the Group Chief Executive Officer of the…
Nigerian economy at crisis point
* As Naira sinks to all time low of N1,099/$1 in official market The Naira reached…
FG fashions new roadmap to efficient power supply
The Federal government has disclosed plans to unbundle the various regional electricity Distribution Companies (DisCOs) into…
CBN explains seeming scarcity of Naira notes in circulation
Amidst complaints of scarcity of Naira notes, the Central Bank of Nigeria (CBN) has assured of…
IMF advises CBN to further hike its MPR
The International Monetary Fund (IMF) has advised the Central Bank of Nigeria (CBN) to further hike…
Second crude supply to arrive in three weeks, says Dangote Refinery
Dangote Oil Refining Company says its plant is awaiting the second shipment of barrels of crude…
NNPC uncovers 4, 800 illegal connections to oil pipelines in N’Delta creeks
The Nigerian National Petroleum Company Limited (NNPCL) says it discovered over 4,800 illegal connections on oil…
Functional refineries won’t translate to reduction in petrol price, Kyari tells NASS
The Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has dashed…
FG mulls handing over power utilities to State govts
The Federal government is considering handing over its stake in 11 power utilities to State governments…