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Business and Economy
Reason Why OPEC+ Cutdown Nigeria’s Oil Production – FG
The Federal Government says the decision of the Organisation of Petroleum Exporting Countries (OPEC+) to cut Nigeria’s crude oil production downward by two million...
N3.36tn Allocated For Fuel Subsidy In 2023 as Debt Profile Hits $102bn – Finance Minister
The Federal Government says N3.36tn has been allocated for fuel subsidy in 2023 as Nigeria’s debt profile hits $102bn.The Minister of Finance, Zainab Ahmed,...
BREAKING: Inflation Hits 20.77%, Highest in 17 Years
The Consumer Price Index (CPI) which measures the rate of change in prices of goods rose to 20.77 per cent year–on-year in September compared...
Naira Loses value, depreciates by 0.46%
The naira on Tuesday exchanged at N441.17 to the dollar at the investors and exporters window, a depreciation of 0.46per cent, compared with N439.17...
Nigeria to Take Final Investment Decision on $25bn Gas Pipeline Next Year – NNPC
The Nigerian National Petroleum Company Limited (NNPC), along with its partners could take a Final Investment Decision (FID) on the $25 billion Nigeria-Morocco gas...
Nigeria Has Innate Qualities to Become Digital Economy Global Leader – Osinbajo
Vice President Yemi Osinbajo said Nigeria has the requisite talents, creativity and acumen to become a world leader in the digital economy.The VP made...
Nasarawa Assembly passes 237 bills into law, 445 resolutions in 23 years
From Leo Nzwanke, LafiaThe Nasarawa State House of Assembly says that the House has passed 237 bills into law and passed 445 resolutions in...
CBN Reads Riot Act on Access to Discount Window
The Central Bank of Nigeria (CBN) yesterday insisted that certain categories of its authorised dealers are not allowed to access the discount window on...
Elon Musk Finally Agrees to buy Twitter at original $44bn Price
Elon Musk, the billionaire founder of Tesla Inc., has offered to purchase Twitter for the initial offer price of $44 billion.In a filing on...
CBN Increases Interest Rate To 15.5%
The Central Bank of Nigeria has raised the Monetary Policy Rate (MPR), which measures interest rate, to 15.5 percent from 14 percent.CBN Governor, Godwin...
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