Nigeria gained $2.6bn from non-oil export six months
The Chief Executive Officer, Nigerian Export Promotion Council, Dr. Ezra Yakusak, has announced that Nigeria’s non-oil export sector gained $2.6bn in the first six months of 2022. He made this…
How Nigeria’s refineries lost 218 workers, N69bn
Data from the financial statements of Nigeria's refineries, newly provided by the Nigerian National Petroleum Company Limited, showed that the number of employees dropped by 218 within a year,…
Analysts kick as CBN loans to FG hit N22tn
A recent report has revealed that the Federal Government is owing the Central Bank of Nigeria the sum of twenty-two trillion naira, leaving analysts fuming. According to The PUNCH, FG,…
Gas price hike imminent as forex scarcity persist
Owing to the lingering scarcity of dollars in the country, there are speculations that Nigerians might have to pay more for gas. According to The PUNCH, National Operations Controller, the…
NNPC, IPMAN address fuel scarcity
The Nigerian National Petroleum Company and the Independent Petroleum Marketers Association of Nigeria have allayed the fears of Nigerians over possible fuel scarcity in some parts of the country.…
How Airtel Africa lost ₦752bn in one week
Airtel Africa Plc lost ₦752 billion at the end of the week's trading to rank top loser of the week after sustained stock sustained sell pressure. Nairametrics reported that the…
Obajana plant: Kogi, Dangote continue dispute over ownership
The Kogi State Government and Dangote Cement Plc continue to press their claims for ownership of the Obajan cement plant in Kogi State, resulting in a worsening dispute. Dangote management…
Air France, Airbus face trial over 2009 crash
Air France and aircraft maker Airbus go on trial in Paris on Monday on charges of involuntary manslaughter in the 2009 crash of a flight from Brazil, killing all 228…
Chinese loan delaying Port-Harcourt-Maiduguri rail projects – FG
The Minister of Transportation, Mua’zu Sambo said the delay in securing Chinese loans hurts the Abuja-Kano and Port-Harcourt-Maiduguri rail projects. According to The News Agency of Nigeria, Sambo who said…
Why Ethiopia halted visa-on-arrival for Nigerians – FG
The Nigerian government said that Ethiopia stopped allowing Nigerians to enter under its "visa on arrival" policy because of security concerns, an escalating political climate brought on by the Tigray…
VIN implementation: ‘FG’ll lose more revenue without intervention’
Clearing agents have warned that the Federal Government will lose more revenue from the implementation of its Vehicle Identification Number policy if refused to intervene. Less than a year after…
Dangote, MAN kick as Kogi claims Obajana plant
The Kogi State Government has stated that it will be willing to negotiate once Dangote Group admits that it doesn't own the Obajana cement facility. According to The PUNCH,…
