…Clarifies Nigeria’s OPEC quota The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has assured that the projections on crude oil production and price benchmark for the 2024 Budget were realistic and realizable. The Group Chief Executive Officer (GCEO) of the…
The World Bank has said that by 2025, Nigeria should have over N11 trillion saved from fuel subsidy removal. The World Bank provided this insight in the December 2023 Nigeria Development Update which is a bi-annual report which evaluates recent…
Nigeria is the top African crude oil producer for November 2023. This is according to data from the monthly oil market report released earlier today, December 13, by the Organization of Petroleum Exporting Countries (OPEC). In the recent OPEC report,…
Nigeria, no doubt, is enmeshed with myriads of problems. Of the plethora of challenges, insecurity and the wobbling economy have had networks of deficiencies which have made socio-economic conditions lamentable for many Nigerians who are groping with the scourge of…
The Executive Chairman, Itire-Ikate Local Council Development Area (LCDA), Dr Ahmed Apatira, on Wednesday flagged off a three-week training programme for women and youths on commercial use of tricycles .Apatira, at the opening of the event in Lagos, said that…
The Bank Directors Association of Nigeria (BDAN) have lamented the huge operating expense of Banks occasioned by multiple levies from regulators. The BDAN Chairman, Mr. Mustapha Chike-Obi speaking at year’s Bank Directors Association annual conference had the theme, “Emerging Issues:…
Lagos State Governor, Mr. Babajide Sanwo-Olu has facilitated a sum of N2 billion from the private sector as donations for security in the State. This is coming as records hit four years of the State with no bank robbery as…
The Nigerian Exchange Limited continued its positive trajectory as the NGX All-Share Index (ASI) advanced by 0.55 percent, closing at 72,299.79 basis points. Compared to the previous day’s gain of 0.33 percent, which closed at 71,907.26 basis points, the NGXASI…
By Seun Ibiyemi The Nigeria Customs Service has revealed plans to embark on a Radiological and Nuclear Detection Program aimed at fortifying the nation’s security against the smuggling of nuclear materials. Comptroller-General of Customs, Bashir Adewale Adeniyi MFR, announced this…
…Commits to prioritise modernisation, rehabilitation of ports By Seun Ibiyemi The Honourable Minister of Marine and Blue Economy, H.E. Adegboyega Oyetola has presented a N10.9 billion, 2024 budget for his Ministry to the joint House Committees of the Senate on…
