Economy

New P’Harcourt refinery to start mid-2025 – NNPCL

The Nigerian National Petroleum Company Limited has announced that the new Port Harcourt Refining…

AI solutions can tackle Nigeria’s security, economic challenges – Shettima

Vice President Kashim Shettima has urged the adoption of artificial intelligence to address Nigeria’s…

Crude oil prices drop 2% over Israel-Hezbollah ceasefire report

Oil prices fell sharply on Monday, with Brent crude dropping by 2.45% to $73.34…

Unemployment rate drops to 4.3% in Q2 2024 – NBS report

The National Bureau of Statistics has reported a decline in Nigeria's unemployment rate, which…

Nigeria loses $384m annually to global tax abuse — Report

A new report by the Tax Justice Network has revealed that Nigeria loses $384…

NNPCL begins crude oil sale internationally

The Nigerian National Petroleum Corporation Limited has officially launched its Utapate crude oil blend…

FCCPC uncovers contaminated sugar in Nigerian markets

The Federal Competition and Consumer Protection Commission has uncovered substandard and unregistered sugar products…

Ekiti gov signs N70,000 minimum wage agreement

The Ekiti State Government has signed an agreement with the Nigeria Labour Congress and…

FG inaugurates council to protect national infrastructure

The Federal Government has inaugurated a new council to protect critical national infrastructure in…

FG revenue rose by 76% in 2023

The Federal Government’s revenue grew significantly by 76%, reaching ₦12.5 trillion in 2023, compared…

Food, transport costs drive Nigeria’s inflation to 33.88% in Oct

Nigeria’s inflation rate rose to 33.88% in October 2024, up from 32.7% recorded in…

FEC shops for $2.2bn loan to boost economy

The Federal Executive Council has approved a new borrowing plan of $2.2 billion to…

NNPC appoints new CFO, VP

The Nigerian National Petroleum Company Limited has made significant leadership changes, appointing key executives…

Minister knocks contractor over poor handling of Abuja-Minna road

Minister knocks contractor over poor handling of Abuja-Minna road Nigeria’s Minister of Works, David…

FG launches centre for real-time tracking of international flights

The Federal Government has opened a new control centre at the Nigeria Immigration Service…