Business
Nigeria Targets 4 Million Barrels of Oil Daily and 10bcf Gas Output by 2030 Amid New Offshore Incentives
The Federal Government of Nigeria aims to increase oil production to 4 million barrels per day (bpd) and boost gas...
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What Made Nigeria’s Unemployment Rate to Rise to 5.3% in Q1 2024, NBS Reveals
Nigeria’s unemployment rate climbed to 5.3% in the first quarter of 2024, up from 5% in the last quarter of...
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CBN Moves to Address Cash Scarcity with N1.4 Trillion Injection into Economy
In a bid to tackle the persistent cash scarcity in Nigeria, the Central Bank of Nigeria (CBN) has announced plans...
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CPPE Criticizes CBN’s Interest Rate Hike, Warns of Negative Impact on Economy
The Centre for the Promotion of Private Enterprise (CPPE) has expressed strong opposition to the Central Bank of Nigeria’s (CBN)...
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Rivers State Governor Siminalayi Fubara Vows to Revive Economic Development, Blames Past Mismanagement
Rivers State Governor Siminalayi Fubara has attributed the decline in the state’s economic growth to previous mismanagement but assured residents...
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Nigeria’s Finance Minister Debunks Rumors of VAT Increase to 10%, Confirms Rate Remains 7.5%
Nigeria's Minister of Finance, Wale Edun, has officially denied speculations of an increase in the Value Added Tax (VAT) to...
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How Governor Adeleke Intends to Transform Osun State Into Global Agro-Industrial Hub
Osun State Governor Ademola Adeleke has declared the state’s readiness for a transition to an agro-industrial society, supported by ongoing...
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How Aviation Minister Keyamo Plans to End Airport Touting and Extortion
Nigeria's Minister of Aviation and Aerospace Development, Festus Keyamo, has pledged strict punishment for touts and those engaging in extortion...
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Why Oando’s Acquisition of Two IOCs is a Game-Changer for Nigeria’s Oil Industry -Lokpobiri
The Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, hailed Oando Energy Resources’ acquisition of two International Oil Companies...
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Business Groups Criticize Petrol Price Hike, Call for Immediate Solutions
The Lagos Chamber of Commerce and Industry (LCCI), Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), the...
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