FG will convert additional N7.5trn CBN loan to debt
Lawmakers have approved a request from President Bola Tinubu to convert N7.5 trillion ($8.2 billion) in overdrafts from the central...
Nigeria Economy
NSCDC officer killed as terrorists 3 TCN towers
Omeiza Bilal The Transmission Company of Nigeria (TCN) said, terrorists on Thursday blew-up three of its towers along Yobe-Damaturu transmission...
TCN to boost Lagos power supply with 7 new transformers
Omeiza BilalIn a bid to enhance the power supply in Lagos State, the Transmission Company of Nigeria (TCN) has received...
Nigeria’s Q3 ToT decline offset by tech-driven economic growth
Nigeria’s Terms of Trade (ToT) experienced a minor dip of 0.03 percentage points in the third quarter of 2023, continuing...
W/Bank warns insecurity may affect 6 Nigerian states in 2024
The World Bank has predicted that persistent insecurity, armed conflict, and deteriorating livelihoods will continue to affect local government areas...
AEC confident Nigeria’s commitment to OPEC will ensure stability
The Executive Chairman of the African Energy Chambers (AEC), NJ Ayuk, has expressed confidence that the 2024 global oil market...
20 killed in vandalized Agip pipeline explosion
No fewer than 20 persons have reportedly been killed after a crude oil condensate pipeline operated by the Nigerian Agip...
Nigerians paid N1287.10 for kerosene in November – NBS
The average retail price per litre of Household Kerosene (HHK) paid by consumers in November 2023 was N1287.10, indicating a...
Consumers pay N783bn as electricity subsidy gulps N376bn
Power consumers in Nigeria paid a total of N782.6 billion for electricity between January and September, this year as the...
FG loses ₦289.6bn as oil output crashes in November – Report
Despite the federal government’s effort to shore up oil production output, the country’s oil output for the month of November...
