Business
Again, Nigeria’s Inflation Rate Rises, Hits 33.95%
June 15, 2024
Again, Nigeria’s Inflation Rate Rises, Hits 33.95%
The nation’s headline inflation rate has risen for 18th straight months in May, 2024, to 33.95 percent, relative to the…
OPEC Sees No Peak Oil Demand Long Term, Secretary- General Says
June 14, 2024
OPEC Sees No Peak Oil Demand Long Term, Secretary- General Says
OPEC does not see a peak in oil demand in its long-term forecast and expects demand to grow to 116…
NNPC Seeks Special Court To Try Cases Of Crude Oil Theft
June 13, 2024
NNPC Seeks Special Court To Try Cases Of Crude Oil Theft
Alarmed by the increasing spate of crude oil theft and pipeline vandalism in the oil and gas industry, and their…
New Report Projects African Economies To Grow By 3.38%
June 13, 2024
New Report Projects African Economies To Grow By 3.38%
Afreximbank, in its 2024 Economic Output Report projected that African economies would grow on average by 3.8 percent in 2024.…
Lagos Govt Orders Additional 100 Trucks From Dangote
June 12, 2024
Lagos Govt Orders Additional 100 Trucks From Dangote
Lagos State Government has announced plan to acquire additional 100 compactor trucks from the newly commissioned Dangote Trucks Assembly Plant…
NUPRC Identifies New Oil Blocks For 2024 Bid Round
June 11, 2024
NUPRC Identifies New Oil Blocks For 2024 Bid Round
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says, it has identified new oil blocks that would be added to the…
FG Generated N1.43Trn From VAT In Q1, 2024 -NBS
June 11, 2024
FG Generated N1.43Trn From VAT In Q1, 2024 -NBS
The latest report from the National Bureau of Statistics (NBS) shows that the Federal Government generated N1.43 trillion Value Added…
Work On Abuja-Kano Road To Resume This Week – Umahi
June 11, 2024
Work On Abuja-Kano Road To Resume This Week – Umahi
The Minister of Works, Engr. David Umahi has hinted that work will resume on the Abuja- Kano road this week.…
NLNG Signs Vessel Management Pact With Temile
June 11, 2024
NLNG Signs Vessel Management Pact With Temile
NLNG Shipping and Marine Services Limited (NSM), a subsidiary of the Nigeria Liquefied Natural Gas Limited (Nigeria LNG Limited) has…
NNPC, Golar, Sign Pact On Floating LNG
June 11, 2024
NNPC, Golar, Sign Pact On Floating LNG
The Nigerian National Petroleum Company Limited (NNPC ) has executed a Project Development Agreement (PDA) with Golar LNG of Norway…