Forex crisis hits truckers, slows operations
As the effect of the high exchange rate bites harder, truckers operating in the nation’s maritime sector have lamented the reduction in activities at the
Author : Our Reporter
Nigeria’s inflation rate increases to 21.09% in October 2022 — NBS
The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate increased to 21.09 per cent on a year-on-year basis in October 2022. This is
Oil revenue falls from 46.9% to 7.4% in 5 years – Expert
An economic expert, Dr Afolabi Olowookere, has said that oil revenue, in terms of contribution to federation account, fell from 46.9 per cent in 2017
Reps panel summons Total, others over $85bn tax
The House of Representatives ad hoc Committee on structure and accountability of Joint Venture (JV) Business and Production Sharing Contracts (PSCS) of Nigerian National Petroleum
NERC committed to addressing customers’ complaints, lack of meters- Official
The Nigerian Electricity Regulatory Commission, (NERC) says it is committed to excellent service delivery by addressing customers’ complaints, especially the issue of lack of electricity
Fuel subsidy to go by June 2023, says finance minister
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, says the Federal Government will do away with petroleum subsidy by June 2023. Ahmed
Lion Club sentises parents on childhood cancer, calls for support
A non-governmental organisation, Ajao Estate Lion Club, District 404B1, has called Nigerians to support fight against paediatric cancer as they sensitised parents on childhood cancer
Oil production: again, OPEC data shows Angola, Algeria, Libya overtook Nigeria in October
Like in previous months, Angola, Algeria and Libya again pushed Nigeria to the fourth position in October, as Africa’s ‘biggest’ oil producer struggles with sundry
Organised private sector sets $9tn agenda for FG
The Nigerian Economic Summit Group has said that the Federal Government must grow Nigeria’s gross domestic product to $4.5tn to $9tn in the next 28
Nigeria can’t survive with endless borrowing – DMO
The Debt Management Office has disclosed that it has been difficult for Nigeria to borrow from the international markets as global lenders and investors are
