Economy

By John Ikani The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has disclosed that the Dangote Petroleum Refinery, upon which the hope of the nation rests for fuel sufficiency, is now 97% completed. The NMDPRA...

By John Ikani Consumer prices in the US soared to a 40-year high in September, a sign that the inflation fight in the world's largest economy is far from over. US prices rose 0.4 percent in...

By John Ikani  Skills and competencies of quantity surveyors have been identified as critical to cost management and local content expansion in Nigeria's oil and gas industry. That was the kernel of a presentation by the...

By Ebi Kesiena The government forecast on Wednesday indicates that Germany will sink into recession next year and inflation will soar as Europe’s top economy battles skyrocketing energy prices following Russia’s gas shutdown. The official predictions...

By John Ikani  The UK economy unexpectedly shrank by 0.3% in August, strengthening predictions that it will fall into a recession. The shrinking was occasioned by a slump in manufacturing and by maintenance work that slowed...

By John Ikani  The Naira on Tuesday exchanged at N441.17 to the dollar at the Investors and Exporters window, a depreciation of 0.46per cent, compared with N439.17 to the dollar at the close of business on...