Economy
Buhari Orders Conditional Lifting of Twitter Ban, As CBN Postpones E-naira Launch, Keeps Mum On New Date
In what observers see as as anniversary gift, President Muhammadu Buhari has approved conditional lifting of ban on microblogging giant...
Read moreDetailsNEITI Says 77 Oil, Gas Companies Owe Nigerian Government N2.7 trn
About 77 oil and gas companies in Nigeria are indebted to the Federal Government to the tune of N2.659 trillion,...
Read moreDetailsSenate Wants Oil Companies To Relocate To Host Communities
The Senate has mandated its committees on Petroleum Resources Upstream, Downstream Petroleum Sector and Gas to liaise with...
Read moreDetailsDelayed Maintenance, Low Investment Limit Nigerian, Angolan Oil Output As OPEC Reopens Taps
Top African oil exporters Nigeria and Angola will struggle to boost output to their OPEC quota levels until at least...
Read moreDetailsAmid VAT Controversy, FG, States, LGs Share N696.97bn As Revenue Hits N166.228bn
The Federation Accounts Allocation Committee (FAAC) has shared a total of N696.965 billion as federation allocation for the month of August....
Read moreDetailsSenate Passes 2022-2024 MTEF/FSP, Okays N13.98trn Budget Projection For 2022
*Approves USD$57 per barrel oil benchmark, N410/US$1 Exchange rate The Senate has passed the 2022-2024 Medium Term...
Read moreDetailsIOCs’ Preference For Oil Deposits Limiting Exploration Activities,As Uncoordinated Policies Increase Cooking Gas Prices
While Nigerians continue to reel under the yoke of economic visscitudes typified by rising prices of food items and depreciation...
Read moreDetailsBuhari Commences Implementation Of PIA, Directs Incorporation Of NNPC Limited, Appoints Board Members
President Muhammadu Buhari has directed the incorporation of the Nigerian National Petroleum Company Limited. Malam Garba Shehu, the President’s...
Read moreDetailsAgain, CBN Retains Anchor Borrowing Rate At 11.5% Amid Uncertainty In FX Market
The Central Bank of Nigeria (CBN’s) Monetary Policy Committee has maintained its key lending rate at 11.5 per cent, with...
Read moreDetailsHow ‘Serial’ Naira Depreciation Choking Consumers Through Rising Prices Of Food Items
The continued depreciation of local currency, with alarming exchange rate between N565/7 to the dollar, is taking its toll on...
Read moreDetails
© 2022 Metro Business News