Economy
Nigeria, Three others Fail To Attain Oil Production Target In January
OPEC Three countries, Nigeria, Angola, Congo, Equatorial Guinea have failed to meet their oil production targets for January. In fact,...
Read moreDetailsPIA: NNPC Secures $5bn Funding From Afreximbank For Oil Industry
In what industry stakeholders see as part of the dividend of the Petroleum Industry Act and the incorporation of the NNPC...
Read moreDetailsNNPC Requests N3trn As Fuel Subsidy For 2022, FG To Make Incremental Provision Of N2.557 trillion
The Nigerian National Petroleum Corporation has requested the sum of three trillion naira (N3,000,000,000,000) as fuel subsidy for 2022. Minister...
Read moreDetailsPolice Trust Fund: Court Stops Deductions By FG, Orders Refund To Rivers Govt
The Federal High Court in Abuja has barred the Federal Government from deducting funds from the Federation Account to fund...
Read moreDetailsAnxiety As FG Moves To Apply Twitter Operational Conditions To Other Platforms
The Federal Government says it is set to amend its relevant statutes and code to enforce the operational conditions of...
Read moreDetailsSuspension Of Fuel Subsidy Removal Will Result In More Borrowings, Says Adesina, Analysts Call For Transparency In Governance
Nigeria may have to continue to borrow due to the suspension of the removal of fuel subsidy, the Presidency said...
Read moreDetailsNigeria Drops Again In Latest Transparency International Corruption Ranking
Nigeria has dropped again on the Corruption Perception Index (CPI) published by Transparency International (TI). According to the 2021 ranking...
Read moreDetailsFG Proposes Extension Of Fuel Subsidy Removal By 18 Months, Seeks To Amend PIA
The Federal Government is proposing to extend its suspension of the removal of fuel subsidy by 18 months. The Minister...
Read moreDetailsFG Bows To Pressure, Pays Petrol Subsidy In First Six Months Of 2022, Makes Additional Provisions Beyond June
The Federal Government has revealed plans to make additional provisions for fuel subsidy in the 2022 budget. Zainab Ahmed, minister...
Read moreDetailsInflation Breaks Eight-Month Record As Food, Headline Rates Rise In December
The nation's inflation rate which is fast becoming irrelevant in assessing the well-being of consumers'responses to prices of goods, particularly...
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