Brent oil on Wednesday surpassed $90 per barrel to strike the highest level for more than seven years, rattled by geopolitical tensions in Ukraine and supply...
The Federal Executive Council (FEC) presided over by President Muhammadu Buhari has requested the National Assembly to restore N103 billion earlier deleted from the 2022 budget....
The International Monetary Fund has retained its 2022 growth forecast for Nigeria at 2.7 per cent and increased 2023 projection by 0.1 per cent to 2.7...
Nigeria may have to continue to borrow due to the suspension of the removal of fuel subsidy, the Presidency said on Wednesday. On Monday, the Minister...
The Central Bank of Nigeria (CBN) on Tuesday assured Nigerians that food prices would not accelerate the way people had anticipated in 2022. The CBN Governor,...
Nigerian billionaire Aliko Dangote has topped the 2022 list of Africa’s richest persons for the 11th year in a row, Forbes magazine said in a report....
The Federal Government, through the Minister of Finance, Budget and National Planning, Zainab Ahmed, has suspended the planned petrol subsidy removal. Speaking during a meeting held...
Dangote oil refinery will start processing crude in the third quarter of this year, as mechanical work on the project is completed. This was disclosed, at...
The Central Bank of Nigeria (CBN) has set February 1 take-off date for all importers and exporters to submit an electronic invoice (e-invoice) authenticated by the...
The National Economic Council has revealed that Nigeria’s Excess Crude Account now stands at $35,868,086.40 as at 17th January 2022. The Excess Crude Account (ECA) is...
The Federation Accounts Allocation Committee (FAAC) has shared a total of N675.946 billion to the Federal Government, states, and local government councils as the Federation Account...
The price of the Organisation of the Petroleum Exporting Countries (OPEC) basket of 13 crude oil samples stood at $86.54 per barrel as at Monday, Jan....