Economy

Port-Harcourt refinery to begin operations December – Petroleum Minister

Senator Heineken Lokpobiri, Minister of State for Petroleum Resources, announced on Friday that rehabilitation…

Nigeria unemployment drops to 4.1% – NBS

The National Bureau of Statistics released promising new employment data this week showing Nigeria's…

Global shocks: Nigeria records economic growth, says minister

The Minister of State for Budget and National Planning, Prince Clem Agba, says in…

Non-oil exports: Nigeria targets $30bn annual revenue

The Nigeria Export Promotion Council is targetting to generate a minimum of 30 billion…

Nigeria earns $741.48bn from oil, gas between 1999-2020

Nigeria earned 741.48 billion dollars from oil and gas between 1999 and 2000, the…

Twitter, analysts wary of Musk takeover bid

As tempting as access to Elon Musk's wealth may be, Twitter is not eager…

Ukraine: Oil prices jump to $104 as Europe stocks sink

Agency Report World oil prices rallied and European equities sank Tuesday with investors unnerved…

JUST IN: Nigeria’s economy grew by 3.4% in 2021 – NBS

The National Bureau of Statistics has revealed that Nigeria’s Gross Domestic Product grew by…

Heineken to increase beer prices as inflation rises

Agency ReportDutch brewer Heineken said Wednesday it bounced back to profit in 2021 but…

Nigeria’s inflation rate drops to 15.6 per cent in January 2022

Nigeria's inflation rate has dropped to 15.6 per cent in the month of January…

Tokyo shares close higher as Omicron concerns ease

Agency ReportTokyo stocks closed higher on Tuesday as investors took heart from strong rebounds…

Bitcoin tops $60,000 mark as US mulls crypto fund

Agency ReportBitcoin breached the $60,000 mark for the first time since April on growing…

Vandalism, right of way charges impede digital sector growth – Buhari

The President, Major General Muhammadu Buhari (retd.) has identified high right of way charges…

CBN agrees to mint Gambia’s currency – Emefiele

The Governor of Central Bank of Nigeria, Godwin Emefiele, on Tuesday disclosed that it…

Inflation rate drops to 17.93% in May – NBS

The consumer price index which measures inflation increased by 17.93 per cent (year-on-year) in…