NEITI, OAGF collaborate to track oil, gas revenue
The Nigeria Extractive Industries Transparency Initiative (NEITI) and the Office of the Accountant General of the Federation are collaborating to track oil and gas revenues
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Generator economy: Nigerians spend $22bn yearly on fuel –Report
Nigerian busineses and households spend a whopping $22 billion (about N9.053 trillion) annually to fuel their generators powering offices and homes as the country battles
NEITI Wants Media in Forefront of Extractive Sector’s Reforms
The Nigeria Extractive Industries Transparency Initiative (NEITI) has highlighted the role of the media in ensuring transparency and openness in the extractive industry, especially given
Infighting, sabotage hamper APC revalidation in Southsouth
Like elsewhere in the country, the membership registration and revalidation exercise of the All Progressives Congress (APC) in the Southsouth states of Rivers, Cross River,
Fed. Govt: we shunned states request to borrow N50bn for sharing
The dust raised by Edo State Governor Godwin Obaseki’s claim that the Central Bank of Nigeria (CBN) printed over N60 billion to augment last month’s
Refineries record N5.4bn deficit, as NNPC lifts $407.15m crude
Amidst controversy over the state of the nation’s refineries the latest report of the Nigerian National Petroleum Corporation, NNPC, has indicated that Nigeria’s three refineries
Oil firms borrowed N130bn from banks in February – CBN
Operators in the downstream, natural gas and crude oil refining sectors of the Nigerian oil and gas industry borrowed N130bn from Nigerian banks in February
Subsidy rises to N500bn, NNPC rules out fuel price hike
’With the Federal Government leaving the pump price of Premium Motor Spirit (petrol) unchanged in the first five months of this year despite the increase
Experts fault CBN gov, NESG says N60bn printing not sustainable
A former Deputy Governor of the Central Bank of Nigeria, Dr Obadiah Mailafia, and a professor of Political Economy, Pat Utomi, have faulted the CBN
774,000 jobs: FG commences partial payment of stipends
The Federal Government has commenced partial payment of the N20,000 monthly stipend to the 774,000 beneficiaries of the Special Public Works programme. The Minister of
