OPEC confirms Nigeria’s oil output grew by just 23,000 bpd in Jan
The Organisation of Petroleum Exporting Countries (OPEC) yesterday confirmed that Nigeria’s oil output grew by a meagre 23,000 barrels per day in January, a significant
Author : Editor
All eyes on Supreme Court as suit against banning old Naira notes resumes today
All eyes would be focused on the apex court as hearing in the suit challenging the powers of the federal government and the Central Bank
Manufacturers’ confidence in economy wanes over lingering problems
Citing the adverse effect of the Consumer Price Index (CPI), continuous erosion in Naira value and difficulty in accessing foreign exchange, high cost of energy,
Delegates: Why Russia’s oil cut will not change OPEC policy
The Organisation of Petroleum Exporting Countries (OPEC) has no plans to change course on production policy in response to Russia’s decision to cut crude output
Rewane: Naira crunch may cause $18m GDP loss per month
The Chief Executive Officer, Financial Derivatives Company Limited, Mr. Bismarck Rewane has projected that Nigeria would suffer a total GDP loss of $18 million and
After initial improvement, Nigeria’s oil output slows in January
Nigeria’s oil production grew by a meagre 28,000 barrels per day (bpd) in January this year, compared to the over 55,000 bpd increase in December,
KPMG: Low tax obligation, negligible security risk make seven deep offshore blocks attractive
The Partner in charge of Energy and Natural Resources at the KPMG Professional Services, Mr. Ayo Salami, has said that the oil blocks recently advertised
Between Naira redesign project and politicians’ vested interest
Recent developments around the Central Bank of Nigeria’s naira redesign show that politicians with vested interest and stashed funds are bent on stalling the retirement
Courts reject old naira notes, turn lawyers, litigants back
There was pandemonium on Monday at the high courts in Lagos State as lawyers and litigants were unable to file their court processes using the
Naira deadline: Banks, fuel stations reject old notes, ignore S’Court order
Some commercial banks and filling stations have stopped collecting the old naira notes from customers, contrary to the ruling of the Supreme Court restraining the
