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Economy
NNPCL Responsible For Fuel Scarcity – Oil Marketers
The President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), Billy Gillis-Harry, has identified the Nigerian National Petroleum Company Limited (NNPCL)’s!-->…
Customs generates N12.8bn in 6 months
The Nigeria Customs Service (NCS), Ogun 11 Area Command, generated more than N12.8 billion revenue between January and June.
Mr Olusola Alade, the Area Controller of the command said!-->!-->!-->…
Forensic Audit of N30 Trillion Buhari Loans Ongoing – Finance Minister
On Wednesday, the Minister of Finance and Coordinating Minister for the Economy, Dr. Wale Edun, informed Senators about the Federal Government’s advancements in its forensic investigation!-->…
30% Interest Rate Will Stifle Growth, Hinder Job Creation – Dangote Laments
Aliko Dangote, President of the Dangote Group, has expressed concerns over Nigeria’s high interest rates, warning that the current rate of 30 percent is stifling economic growth and job!-->…
NNPC declares state of emergency on oil production
The Nigerian National Petroleum Company Limited says it has declared a state of emergency on oil production.
It said this was a move towards increasing Nigeria’s crude oil production and!-->!-->!-->…
Nigeria’s Debt To GDP Ratio Crosses 50% For The First Time
Nigeria’s debt-to-GDP ratio has surpassed 50% for the first time, according to the latest public debt figures published by the Debt Management Office (DMO).
The country’s public debt!-->!-->!-->…
FG Grounds Bank’s Private Jet Plane Over Unpaid N1.9bn Import Duty
The Federal Government, through the Nigeria Customs Service (NCS), has grounded a Gulfstream G650ER jet registered in the United States and owned by a prominent Nigerian bank.
This move!-->!-->!-->…
Nigeria can generate N16. 2 trillion annually from palm oil – Dogara
A former Speaker of the House of Representatives, Rt. Hon. Yakubu Dogara, has called on President Bola Tinubu to develop oil palm cultivation as it could generate up to N16.2 trillion naira!-->…
Dangote Refinery: Oil Investment Stakeholders Warn FG of Crude Supply Crisis
The domestic crude oil supply crisis that recently led to accusations and denials in the oil sector may warrant an investment plunge in the industry, operators declared on Wednesday.
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Minimum Wage: Tinubu, Governors to discuss at NEC meeting Thursday
President Bola Tinubu will discuss the new national minimum wage with state governors at the 142nd meeting of the National Economic Council at the Aso Rock Villa, Abuja, on Thursday.
The!-->!-->!-->…