Oil jumps 2% on Saudi plan to deepen output cuts from July
Oil price surged on Monday by 2% following the announcement from Saudi Arabia, the world's top oil exporter, that it ...
FG to consider TUC’ demands and minimum wage review
The spokesperson for the Federal government, Dele Alake, announced that the government will consider the list of demands presented by ...
Weekly Economic Report: Nigeria Ends Fuel Subsidies, UK and China Manufacturing PMIs Weaken,
Last week, the Nigerian National Petroleum Company Limited (NNPCL) announced the end of the country's age-long pump price subsidies for ...
Subsidy: Competition Will Reduce Pump Price – Kyari
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL) Mele Kyari has said market competition will ...
Reps To Investigate N413bn Subsidy Funds Borrowed from CBN
The House of Representatives Ad-hoc Committee has launched an investigation into the N413 billion funds borrowed from the CBN for ...
Inflation, hardship weakened Nigerians’ spending in 2022 – NBS
The National Bureau of Statistics has disclosed that household final consumption grew by -12.47 per cent in the fourth quarter ...
USSD debt: Telcos issue banks disconnection notice
Telecommunication firms have issued Deposit Money Banks disconnection notice amid a disagreement over Unstructured Supplementary Service Data service debt running ...
Nigeria-Indonesia trade grew to $4.7bn in 2022 – NICC
The Nigerian-Indonesia Chamber of Commerce and Industry has disclosed that the trade balance between Nigeria and Indonesia has increased significantly ...
Manufacturing Purchasing Managers’ Index Rises in May
Nigeria’s manufacturing Purchasing Managers’ Index (PMI), a gauge for manufacturing sentiments, has sustained an upward trajectory as it hits 54.0 ...
House Rescinds Decision, Okays Disbursement of $700m Cabotage Vessel Finance Fund
The House of Representatives has backed the planned disbursement of $700 million Cabotage Vessel Finance Fund to individuals and companies. ...
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