Economy/Technology

Abuja, June 7, 2023: The Depots and Petroleum Products Marketers Association of Nigeria (DAPPMAN) on Wednesday in Abuja pledged its...

Naira extends stability at investors, exporters window

Lagos, June 7, 2023: For three days running , the Naira has strengthened against the dollar at the Investors and...

World Bank predicts 4% global economic growth, 1.1% for Nigeria in 2021

Global economy in ‘precarious position’, World Bank warns

Washington, June 7, 2023: High interest rates and the Russian war in Ukraine continue to significantly slow global economic growth,...

36 governors support fuel subsidy removal, other policies

Abuja, June 7, 2023: President Bola Tinubu on Wednesday received the endorsement of 36 governors on the decisions to end...

Tinubu directs NEC to work on palliatives

President Ahmed Bola Tinubu has directed the National Economic Council (NEC) led by Vice President Kashim Shettima to work on...

NIMASA moves against illegal fishing in Nigerian waters

NIMASA to make blue economy Nigeria’s main source of revenue

Abuja, June 7, 2023: As Nigeria mulls ways of diversifying its economy, Dr Bashir Jamoh, Director-General, Nigeria Maritime and Safety...

Polaris Bank’s meeting with union on workers’ sack deadlocked

The National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE) has said the meeting held between it and Polaris...

Chevron, NNPC secure $1.4bn for drilling project

Nigeria’s daily oil production hits 1.5m per barrel

Abuja, June 7, 2023: Nigeria’s crude oil production increased to an average of 1.51m barrel per day in the first...

World Bank pins poverty in Nigeria

The World Bank has insisted on its economic growth (Gross Domestic Product, GDP) forecast of 2.8% for Nigeria in 2023,...

Naira remains constant, exchanges N464.67 to dollar