How Nigeria borrowed $1.21bn to boost capital imports – NBS
Nigeria increased its capital imports in the first half of 2023 by borrowing $1.21 billion from abroad. According to a National Bureau…
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FG to review national development plan
The National Development Plan 2021–2025 is undergoing a midterm assessment by the Federal Government, according to the Ministry of Budget and National…
FG loses N843bn to gas flaring in 20 months – Report
Data from the National Oil Spill Detection and Response Agency reveals that the Federal Government lost approximately N843 billion due…
23 oil blocks failed to produce crude in 2021 – NEITI
At least 23 oil blocks managed by both international and local oil firms failed to produce or remain inactive in 2021. This…
12.5kg cooking gas hits N12,500 – Report
Market findings have revealed that the price of 12.5kg of Liquefied Natural Gas or cooking gas has increased…
Alternative energy spending falls by 21% in H1 2023 – MAN
In contrast to the N76.70 billion invested in the second half of 2022, manufacturers’ investments in alternative energy sources fell by 21.1%…
Expect special report on past CBN activities soon – Tinubu
The Special Investigator’s report on prior operations at the Central Bank of Nigeria would soon be complete, President Bola Tinubu stated on…
FG warns foreign companies funding terrorism, illegal mining
The Ministry of Solid Minerals Development, on behalf of the Federal Government, has issued a warning to international companies that support banditry…
CBN to stabilise economy with $3bn – NEC
The National Economic Council stated on Thursday that the $3 billion emergency loan-for-crude oil that the Federal Government obtained in August would…
Ex-FIRS boss Nami denies N11bn contract allocation after exit
The former chairman of the Federal Inland Revenue Services, Mohammed Nami has responded after The Cable reported on Wednesday that he approved…
Address rising cost of petrol – Marketers urge FG
The Federal Government has been urged by the Nigerian Association of Liquefied Petroleum Gas Marketers to develop ways to guarantee gas price…
FCMB posts N20.69bn bond on NGX
The Nigerian Exchange Limited has listed a N20.69 billion bond issued by the FCMB Group. According to The Punch, the NGX stated that…