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Day: September 14, 2022

Senate Opens An Investigation Into Niger Delta Oil Theft.
CommoditiesLocal

Senate Opens An Investigation Into Niger Delta Oil Theft.

Nigeria suffered significant financial losses as a result of the widespread theft of its crude oil; and it was unable…

byakintundeSeptember 14, 2022September 14, 2022
United States and Nigeria Agree To Deploy Gas In Support Of Renewable Energy Sources.
Energy

United States and Nigeria Agree To Deploy Gas In Support Of Renewable Energy Sources.

The United States said that it would contribute $200 million to Nigeria; and other nations to speed up their transition…

byakintundeSeptember 14, 2022February 8, 2023
Nigeria Collaborates With India To Produce The Covid-19 Vaccine Locally.
BusinessHealth

Nigeria Collaborates With India To Produce The Covid-19 Vaccine Locally.

In order to achieve vaccine equity in Nigeria, the Federal Government and the Serum Institute of India have announced a…

byakintundeSeptember 14, 2022February 8, 2023
Values of Bitcoin and Other Cryptocurrencies Sharply Declined.
Crypto

Values of Bitcoin and Other Cryptocurrencies Sharply Declined.

Due to the loss of about $89 billion in cryptocurrency, the market value of cryptocurrencies has fallen back below $1…

byakintundeSeptember 14, 2022February 8, 2023
Despite the currency and energy challenges, companies pay N1.25 trillion in taxes.
Local

Despite the currency and energy challenges, companies pay N1.25 trillion in taxes.

The Federal Government received N1.25 trillion in tax revenue from Nigerian businesses in the first half of 2022, despite their…

byakintundeSeptember 14, 2022September 14, 2022
Aviation Workers Issue 14-day Ultimatum.
Local

Aviation Workers Issue 14-day Ultimatum.

A coalition of unions representing aviation employees has vowed to go forward with an industrial strike; within the next 14…

byakintundeSeptember 14, 2022September 14, 2022
Oil Exploration In Nigeria Begins To Decline As Rig Count Falls.
CommoditiesLocal

Oil Exploration In Nigeria Begins To Decline As Rig Count Falls.

The global upstream sector of the petroleum industry (OPEC) uses the rig count; as a key indicator of exploration and…

byakintundeSeptember 14, 2022February 8, 2023
7,000km Gas Pipeline Contract To Be Signed By NNPCL With Morocco And West African Nations.
Business

7,000km Gas Pipeline Contract To Be Signed By NNPCL With Morocco And West African Nations.

The Nigeria-Morocco Gas Pipeline (NMGP) project created during King Mohammed VI of Morocco’s visit to Nigeria in December 2016. It…

byakintundeSeptember 14, 2022September 14, 2022
Senate, Minister Diverge On The N12.43trillion Budget Deficit For 2023.
Local

Senate, Minister Diverge On The N12.43trillion Budget Deficit For 2023.

The committee was informed by the finance minister during an interactive session that the planned N19. 76 trillion budget for…

byakintundeSeptember 14, 2022September 14, 2022

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