Nigeria’s inflation rate increased to 19.64% in the month of July 2022n compared to 18.6% recorded in the previous month. Food inflation spiked to 22.02% from...
Nigeria’s federal government has leveled fresh claims of fraud against Process & Industrial Developments Ltd (P&ID), an offshore firm that won an $11 billion arbitration award...
BY EMEKA EJERE Former Minister of Finance and Coordinating Minister of the Economy, Dr. Ngozi Okonjo-Iweala, have not been forgotten by many for facilitating the famous...
By Adebayo Obajemu The Paris Club loan refund, like many other issues monetary, is tearing apart the tenuous amity between the federal government and the 36...
BY EMEKA EJERE There is no resolution in sight to the disputes emanating from the proposed acquisition of the entire share capital of Mobil Producing Nigeria...
Okey Onyenweaku To discerning watchers, it is not surprising that the Nigerian equities market has been drifting southwards recently. From Business Hallmark checks, it in fact...
Nigeria’s total debt owed to the World Bank Group by rose by $660m in the first six months of 2022, to $13.04bn as of June 30,...
The Nigerian National Petroleum Company (NNPC) Limited has renewed oil production sharing contracts (PSCs) with its partners, after nearly 30 years. The state owned oil company...
Data from the Organisation of Petroleum Exporting Countries (OPEC) showed on Thursday that Nigeria’s crude oil production plunged by 2.3 million barrels in July 2022 when...
