Osagie Okunbor, managing director of Shell Petroleum Development Company (SPDC), and chairman of Shell Companies in Nigeria has debunked claims that the company is leaving Nigeria despite the decision to...
Read moreDetailsThe Transmission Company of Nigeria (TCN) has inaugurated a new Anti-Corruption and Transparency Unit (ACTU), aimed at promoting transparency and integrity within its operations. During the event held in Abuja...
Read moreDetailsOlayemi Cardoso, governor of the Central Bank of Nigeria (CBN) has said the apex bank is working to revamp its website. The effort is tipped to make the web portal...
Read moreDetailsThe World Bank in its recent 'Africa Pulse' report has listed the Nigerian Naira as one of the worst-performing currencies in Sub-Saharan Africa in 2024. The Naira as of August...
Read moreDetailsThe Manufacturers Association of Nigeria (MAN) has re-emphasized the importance of a downward review of the electricity tariffs approved by the Nigerian Electricity Regulatory Commission (NERC) for the electricity distribution...
Read moreDetailsAccording to a report, Nigeria's oil exploration dropped year-on-year (YoY) by 6.7 per cent in September 2024, due to limited investment in the industry's upstream sector. The Organisation of Petroleum...
Read moreDetailsNigeria’s inflation rate rose to 32.7 per cent in September 2024 after a 2-month decline to 32.15% in August, due to a greater increase in food prices and transportation costs...
Read moreDetailsCentral Bank of Nigeria (CBN)'s governor Olayemi Cardoso said yesterday that the country’s foreign reserves rose by 12.74 per cent to $39.12 billion as of October 11. Cardoso said inflation...
Read moreDetailsThe People’s Democratic Party (PDP) deepening crisis seems unabating as Amb. Umar Damagum-led National Working Committee (NWC) invited security agencies to quell the fight yesterday. Acting National Publicity Secretary of...
Read moreDetailsChief economist and vice president at the World Bank Indermit Gill, said that the federal government should sustain ongoing reforms despite the economic challenges posed to Nigerians. Gill also commended...
Read moreDetails