Economy

By John Ikani  Nigeria's Minister of State for Petroleum Resources, Timipre Sylva says the signing of the Petroleum Industry Bill (PIB) into law by President Muhammadu Buhari does not translate into automatic removal of the Premium...

By John Ikani The Federal Government has disclosed its plan to borrow about N5.62 trillion to finance an expected budget deficit in the 2022 fiscal year. According to the government, a proposal has already been submitted...

By Chioma Iruke The Nigerian Government in June retained revenue of N2.23 trillion, which amounted to 67.3 per cent target, while the government’s share of oil revenue was N492.44 billion, the Minister of Finance has said....

  By Chioma Iruke   Nigerian President, Muhammadu Buhari has signed the Petroleum Industry Bill (PIB) into law, upon his return to the country from London. The president signed the Bill from isolation, in line with...

  By Emmanuel Nduka Former Governor of the Central Bank of Nigeria (CBN) Sanusi Lamido Sanusi, over the weekend disclosed that the only time Nigeria made significant progress within the last 40 years, was in 2014...

  By Emmanuel Nduka The Nigerian National Petroleum Corporation (NNPC) and contracted cleaners on Tuesday engaged in a face-off over eight months unpaid salaries, which left one of the cleaners with a badly injured leg. The...