Nigeria’s inflation rate accelerates to 33.69% in April – NBS
Omeiza Bilal In April 2024, the headline inflation rate increased to 33.69 per cent relative to March 2024 headline inflation...
Nigeria Economy
CNG-powered vehicles, Tinubu orders MDAs
President Bola Ahmed Tinubu has directed the mandatory procurement of compressed-natural-gas-powered vehicles by all government Ministries, Departments and Agencies (MDAs)...
FEC approves initiative to transform infrastructure, housing sector through PPP
Omeiza Bilal The Federal Executive Council (FEC) has approved an initiative aimed at transforming the Nigeria’s infrastructure and housing sector....
Continental shelf: UN approves additional territories for Nigeria as Tinubu receives committee report
Omeiza Bilal President Bola Tinubu has received the report of the High Powered Presidential Committee (HPPC) on Nigeria’s Extended Continental...
NIMET staff to down tool over unpaid 45 months minimum wage arears
Omeiza Bilal Aviation Unions under the auspices of National Union of Air Transport Employee Association of Nigeria (NUATE) Association Nigerian...
Shell’s Bonga boosts Nigeria 2023 crude production
Shell Nigeria Exploration and Production Company Ltd (SNEPCo) produced more oil at Bonga last year than the previous one; a...
China, Netherlands top Nigeria’s foreign trade volume
China has continued to lead as Nigeria’s primary trade partner, with the trade volume reaching a historic peak of N7.49 trillion in...
Forex Crisis: SEC pledges to cooperate with EFCC
Omeiza Bilal The Securities and Exchange Commission has pledged to work with the Economic and Financial Crimes Commission in a...
Nigeria: Firm predicts lower output growth for Q1 2024
Omeiza Bilal Research firm, Cape Consulting has stated that in spite of the economic headwinds, Nigeria’s first quarter 2024 output...
Chevron mull sale of 2 offshore oil, gas blocks in Nigeria
American oil giant Chevron has launched the sale of its stakes in two Nigerian offshore oil and gas blocks, as...
