Reps summon Finance Minister on oil subsidy claims
The House of Representatives has summoned the Minister of Finance, Budget and National Planning, Hajia Zainab Ahmed to make available...
News
Nigeria disburses N100bn to boost production of medicines
Nigeria has disbursed N100 billion to indigenous pharmaceutical manufacturers and healthcare investors as loans to expand their capital base and...
World Bank rates Nigeria 5th in IDA debt
The World Bank Fiscal Year 2021 audited financial statements, known as the IDA financial statement, has rated Nigeria fifth on...
Equity market down by N125bn as sell-offs persist
The stock market closed trading activities on Monday on a negative note as sell-offs returned and making the market capitalisation...
Naira loses against dollar at investors, exporters’ window
The Naira on Monday depreciated against the dollar at the Investors and Exporters window, exchanging at N431. The figure represented...
NUPRC defies Buhari, sale of ExxonMobil to Seplat on hold
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has affirmed that status quo remains in respect to ExxonMobil/Seplat Energy share acquisition....
China’s economic growth will boost opportunity for global development
Mr Liu Yutong, Counsellor of the Information Department of the Ministry of Foreign Affairs of China, has said the country’s...
Nigeria loses 400, 000 barrels of crude oil per day – Minister
The Minister of State for Petroleum Resources, Dr Timipre Sylva, on Monday disclosed that Nigeria loses 400,000 barrels of crude...
Benin River Port will enhance economic growth, ease congestion of ports
Governor Godwin Obaseki of Edo, on Monday, said the Benin River Port, on completion, would ease the congestion being experienced...
Mineral production improves in 2021- NBS
The National Bureau of Statistics (NBS), says the aggregate production of mineral products in Nigeria grew from 64.29 million tons...
We bring you the best news update in Nigeria
LEARN MORE »