Economy

By John Ikani Brent oil on Wednesday surpassed $90 per barrel to strike the highest level for more than seven years, rattled by geopolitical tensions in Ukraine and supply concerns in the Middle East. The contract...

By Emmanuel Nduka The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has unanimously retained as a benchmark, the interest rate of 11.5% following the first monetary policy meeting of 2022. The committee has...

By Emmanuel Nduka The Nigerian National Petroleum Corporation (NNPC) LTD, has requested N3trn as fuel subsidy for 2022. This was disclosed by Nigeria’s Minister of Finance, Budget, and National Planning, Mrs. Zainab Ahmed to State House...

By Emmanuel Nduka The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has assured the Nigerian Liquefied Natural Gas (NLNG) of its readiness to enter partnership towards solving Nigeria’s energy challenges and increase gas supply. Chief...

By John Ikani  As world powers perfect plans to tame persistently high inflation through tightening monetary policies, the Central Bank of Nigeria (CBN) has explained that such policies - which include interest rate hikes - will...

By Esther Adesulu Nigeria has dropped again in the 2021 Corruption Perception Index (CPI), according to the 2021 ranking released on Tuesday by Transparency International (TI). According to the ranking, Nigeria scored 24 out of 100...