Business

Again, Nigeria’s Inflation Rate Rises, Hits 33.95%

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

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

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%

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

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

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

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

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

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

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…
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