Financial analysts have described Nigeria's debt servicing as outrageous and a setback to the country's economic…
Category: Business
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Nigerians Spent N108tn On Household Consumption In 2021 – NBS
Residents in the country spent N108.47tn on household consumption in 2021 in nominal terms, the National…
Reports Reveal How Nigeria Loses N91bn Oil In One Month
Not until issues such as vandalism, oil theft, and low investments are addressed accordingly, Nigeria may…
$1.6trn Required To Boost Degraded Hectares Of Land by 2030 – IFAD
The International Fund for Agricultural Development (IFAD) says it will require $1.6 trillion to restore about…
Naira Slumps To N595/Dollar, Forex Shortage Lingers
Naira last Friday crash and exchanged for the Dollar at N595 in the parallel market. According…
Rising Crude Oil Prices Will Worsen Inflation – IMF
The International Monetary Fund has released a report stating that the rising oil prices might lead…
Nigeria’s Oil Reserves Hit 37.046bn Barrels, Gas Reserves Hit 208.62TCF
The Federal Government has stated the country’s oil reserves increased by 0.136 billion barrels to 37.046…
Nigeria’s Oil Reserve Increases To 37.04bn Barrels In One Year – NUPRC
According to the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, the country's oil reserve has increased a…
Nigeria Gets EU’s Support To Fight Terrorism As Trade Record Hits €28.7bn
The European Union (EU) has criticized the insecurity situation in Nigeria, labelling it as a setback…
Fuel Subsidy Increases By 307% Amid Transport Fare Hike
The Nigerian National Petroleum Company Limited, NNPC has revealed there was a huge increase in money…