FEC Approves N2.3tn Package to Stimulate Economic Growth
The Federal Executive Council (FEC) wednesday approved N2.3 trillion sustainability package, recommended by the Economic…
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W’Bank Seeks Improvement in Nigeria’s Power Sector with $750m Intervention
The World Bank has approved a $750 million International Development Association (IDA) credit for Nigeria…
Emefiele, CBN Focused on Stimulating Economic Growth -Statement
The Central Bank of Nigeria (CBN) wednesday said its Governor, Mr. Godwin Emefiele, and his…
Nigeria, Others Submit Output Compensation Plans To OPEC
Nigeria, which failed to curb oil production quota in strict adherence with the OPEC agreement…
Rising COVID-19 Cases at Oilfields Threaten Nigeria’s Output
The rising number of COVID-19 cases among workers at Nigeria’s offshore oilfields and platforms is…
IMF Revises Nigeria’s GDP Contraction Forecast to 5.4%
The International Monetary Fund (IMF) has predicted that the Nigerian economy will contract by 5.4…
APC Crises: Govs, NWC, State Chairmen May Boycott Giadom NEC Meeting
Loyalists of the suspended National Chairman of the ruling All Progressives Congress (APC), Mr. Adams…
Nigeria records N124.77b trade deficit in Q1
Nigeria recorded a trade deficit of N125.77billion in the First Quarter(Q1) of 2020, the National…
CBN vows to blacklist farmers selling, diverting farm inputs
The Central Bank of Nigeria (CBN) has threatened to blacklist farmers involved in diversion of…
Demolition of Embassy: Nigeria won’t retaliate – Presidency
The Presidency has said Nigeria would not pursue a retaliatory line of action against Ghana…