Inflation Challenges Nigeria’s Economy: Affects Energy Costs and Others
Nigeria faced economic challenges in 2023, with a sharp rise in inflation to 28.9% and soaring energy costs. President Bola…
Day: January 4, 2024
National Assembly Probe Crude Oil Theft, Raises Concerns
The National Assembly is once again investigating the persistent problem of crude oil theft, a challenge that has not been…
No Immediate Increase in Petrol Prices- NNPC
The Nigerian National Petroleum Company (NNPC) Limited has assured the public that there won’t be an immediate increase in the…
Nigerian Air Force Shifts Zonal Attitude Test to January 13
The Nigerian Air Force (NAF) has announced the postponement of its zonal attitude test for Trades and Non-Tradesmen/women to January…
ON FUEL PRICE: PETROAN Nears Partnership with Offshore Refineries
The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) is in advanced talks with four offshore refineries to supply…
Price of Local Rice increases by 73.2% in one Year
The price of local rice in Nigeria has surged by 73.2% in one year, reaching between N55,000 and N60,000 for…
Naira Faces Decline, Closes Above N1,000/$: World Bank Urges Increased FX Supply for Stability
The naira, Nigeria’s currency, closed trading at N1035.12/$ on the official Investor and Exporter foreign exchange window, marking a 4.72%…
Obasanjo Warns of Debt Trap for Africa as Nigeria’s Public Debt Hits N87.91tn
Former President Olusegun Obasanjo has expressed concern that Nigeria and other African countries may face challenges in securing debt relief…
DVCF Oil & Gas Plc Sells TIP Shares Worth N10.131m
DVCF Oil & Gas Plc, a significant shareholder in waste management and industrial cleaning company has sold 9,468,900 units of…
“Nigerdock Partners with UNIDO, Boost Green Energy Adoption and Foreign Investments in Nigeria”
Nigerdock, the promoters of Snake Island Integrated Free Zone, have highlighted that their partnership with the United Nations Industrial Development…