The federal government will soon establish dry ports, also known as Inland Container Depots, ICDs, in the country to create […]
Category: Business & Economy
FG To Release N350 Billion for Capital Projects
The federal government will soon release N350 billion, the first tranche of capital release of to Ministries, Departments and Agencies, […]
How NNPC Crashed The Price Of Diesel By 42 Per Cent
The Nigerian National Petroleum Corporation, NNPC, said it has successfully reduced the pump price of diesel by about 42 per […]
Why CBN Will Mop Up N200 Billion From Circulation
The Central Bank of Nigeria, CBN, will soon mop up a total of N200.32 billion from the banking sector in […]
FG Targets Three Million Taxpayers In Two Years
The federal government plans to increase the number of taxpayers in the country from 14 million presently to about 17 […]
Osinbajo Signs 2017 Budget Into Law At Last
Yemi Osinbajo, acting President, has signed the 2017 appropriation bill into law after a long wait. He appended his signature to […]
CBN Shores Up Naira Value With $413.5 Million
The Central Bank of Nigeria, CBN, yesterday again pumped $413.5 million into the inter-bank Foreign Exchange market to further shore […]
NNPC Records N34 Billion First Quarter Loss
The Nigerian National Petroleum Corporation, NNPC, has recorded a loss of N33.996 billion as at March, making it the third […]
Price Of Oil Soars To $51 Per Barrel
Going by a report by S&P Global Platts, a global oil research firm, Nigeria’s Brent crude price will increase by […]
How FG Spent N4.74 Trillion on Fuel Imports in 2016 – Kachikwu
Ibe Kachikwu, minister of State for Petroleum Resources, has disclosed that the country spent N3.4 trillion on importation of petroleum […]