The Petroleum Products Pricing Regulatory Agency, PPPRA, blamed foreign exchange challenges and prevailing uncertainty for the inability of oil marketers to resume fuel import. Addressing newsmen...
Sada Soli, a member of the house of representatives from Katsina state, says the lower legislative chamber will pass a bill seeking to regulate water resources...
The Nigerian Economic Summit Group (NESG) has advised the federal government not to encourage policies that make Nigerians poorer. In a statement signed by Asue Ighodalo...
The Fiscal Responsibility Commission (FRC) says 122 Federal Government agencies have failed to remit N1.2 trillion operating surpluses to the Consolidated Revenue Fund (CRF). The Acting...
There was palpable joy on Saturday as the first international flight landed at the Murtala Muhammed International Airport (MMIA), Lagos. The News Agency of Nigeria (NAN)...
Former Emir of Kano, Muhammad Sanusi II, has said the ongoing economic restructuring being carried out by the federal government including the removal of fuel subsidy,...
The Nigerian National Petroleum Corporation (NNPC) has obtained a prepayment funding of about $1billion to support the upstream operations of its subsidiary, Nigerian Petroleum Development Company (NPDC)....
The Minister of Petroleum Resources (State), Mr Timipre Sylva has explained the recent increase in the price of petrol, admitting that the deregulation of the petroleum...
Ngozi Okonjo-Iweala, a two-time minister of finance in Nigeria, is now a US citizen. According to Bloomberg, Okonjo-Iweala, who is running for the office of the director-general...
The naira strengthened to N440 to a dollar at the parallel market on Tuesday, compared with the N465 to a dollar it was the previous day....
The naira has strengthened at the parallel market to N448 against the dollar after the Central Bank of Nigeria (CBN) announced that it would resume dollar...
The Nigerian National Petroleum Corporation has said it spent N2.3b on petrol subsidy in June. This was contained in the latest figures shown by NNPC that...