
BY EMEKA EJERE Nigeria could lose around N5trillion in the year from subsidising petrol, with the way the subsidy bill is increasing, the World Bank has...
Acting accountant-general of the federation, Anamekwe Nwabuoku, has disclosed that Nigeria is borrowing money to pay salaries. Nwabuoku who spoke on Tuesday at a retreat organised...
The Organisation of Petroleum Exporting Countries (OPEC) disclosed on Tuesday that Nigeria reported only 1.024 million barrels per day production in May. But while direct country...

The Central Bank of Nigeria (CBN) says it has established a comprehensive Non-Oil Export Optimisation framework, which would be unveiled on June 16 at its first...
International financial institution, the World Bank, has said rising inflation in Nigeria is likely to push an additional one million people into poverty by the end...

The Nigerian naira depreciated further against the dollar at the parallel segment of the foreign exchange (FX) market on Tuesday, exchanging from N607 to the dollar....
Nigeria’s federal government has lost its $1.7 billion claim against JP Morgan Chase Bank over the transfer of proceeds from the sale of OPL 245 in...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has disclosed that Nigeria’s oil production dropped in May to an average of 1.02 million barrels per day (bpd)...

Adebayo Obajemu Nigerian Content Development and Monitoring Board (NCDMB) and National Insurance Commission (NAICOM) have signed joint insurance regulations The new NAICOM, NCDMB Guidelines are expected...