As part of efforts to diversify Nigeria’s economy and develop its mining sector, the FG has awarded a mining contract to ten exploration and consulting…
A new report by international anti-corruption campaigner, Global Witness, claims that the deal involving Malabu Oil and Gas in Oil Prospecting Lease 245 could reduce…
The CBN is expected to raise Treasury Bills rates this week to further slowdown foreign portfolio outflows. The CBN will auction debt instruments worth ₦150.60…
The Managing Director of the Nigeria Deposit Insurance Corporation, Umaru Ibrahim, has said that the delay in amending the NDIC enabling Act 2006 is responsible…
The Central Bank of Nigeria’s Monetary Policy Committee has decided to leave the Monetary Policy Rate unchanged at 14 per cent, the CBN governor, Godwin…
Nigeria’s inflation rate declined to 11.26 percent in October 2018 from 11.28 percent recorded in September according to data from the NBS which was published…
Nigeria’s power sector lost approximately ₦1.287 billion on Saturday, November 17, due to insufficient gas supply, distribution and transmission infrastructure as average energy sent out…
Domestic gas supply to power generating plants recorded a plunge of 186 million standard cubic feet per day in August. Data from the NNPC showed…
The CBN has asked telecommunications companies that intend to deepen financial inclusion in the country through mobile money services to make a minimum capital deposit…
The higher cost of shipments could make China cut imports of West African oil to the lowest in seven months in November while South Korean…