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Day: June 8, 2023

427,962 Nigerians Abroad Receive NIN.
Business

427,962 Nigerians Abroad Receive NIN.

In May 2023, 25.17 percent of Nigerians living abroad have National Identification Numbers. Since the National Identity Management Commission began…

byakintundeJune 8, 2023June 8, 2023
Nigeria’s Oil Output Drops Below 1 million Barrels Per Day – Report.
Local

Nigeria’s Oil Output Drops Below 1 million Barrels Per Day – Report.

According to a report from the Organization of the Petroleum Exporting Countries, Nigeria’s crude oil output has fallen below 1…

byakintundeJune 8, 2023June 8, 2023
NNPCL to Stop Importing Petroleum in August.
Business

NNPCL to Stop Importing Petroleum in August.

The Nigerian National Petroleum Company (NNPCL) has stated that it would reduce its imports of Premium Motor Spirit, more commonly…

byakintundeJune 8, 2023June 8, 2023
The central bank of Nigeria permits the naira to fall 2% to a historic low.
Currency

The central bank of Nigeria permits the naira to fall 2% to a historic low.

On Wednesday, the naira was permitted to reach a record low on the official market by around 2%, although the…

byakintundeJune 8, 2023June 8, 2023
Marketers Struggle to Get N10 billion for New Purchases of Fuel.
BusinessCommodities

Marketers Struggle to Get N10 billion for New Purchases of Fuel.

The Nigerian National Petroleum Company Limited has a new financial need of around N10 billion to cover the cost of…

byakintundeJune 8, 2023June 8, 2023

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