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Revenue Plunge Imminent as Nigeria’s Q2 Oil Production Drops to 1.22m bpd

By Ifunanya / August 29, 2023

A looming revenue crisis awaits Nigeria as its second-quarter oil production diminishes to 1.22 million barrels per day (mbpd). On […]

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99162 tinubu wike and other dignitaries set to attend cibn banking and finance conference

Tinubu, Wike, others to attend CIBN Banking, Finance Conference

By Ifunanya / August 28, 2023

President Bola Tinubu and the Federal Capital Territory Minister, Nyesom Wike, are among dignitaries expected to attend the 16th Annual […]

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98988 central bankers emphasize the importance of maintaining high interest rates

Central Bankers Emphasize the Importance of Maintaining High Interest Rates

By Ifunanya / August 28, 2023

Last updated: August 28, 2023 Top central bankers from around the world have expressed the need to keep interest rates […]

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98979 nigerias external reserves deplete by 915 million as currency float commences

Nigeria’s External Reserves Deplete by $915 Million as Currency Float Commences

By Ifunanya / August 28, 2023

In a move to revamp the Nigerian economy, the Central Bank of Nigeria (CBN) has officially floated the Naira and […]

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KAEDCO decries illegal connections of electricity in Zamfara

By Ifunanya / August 27, 2023

The Zamfara State wing of the Kaduna Electricity Distribution Company (KAEDCO) has commenced massive disconnection of illegal electricity in the […]

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98608 nigerias daily loss of 400000 barrels of crude oil persists despite countermeasures nuhu ribadu

Nigeria’s Daily Loss of 400,000 Barrels of Crude Oil Persists, Despite Countermeasures– Nuhu Ribadu

By Ifunanya / August 27, 2023

In a concerning revelation, the National Security Adviser (NSA), Malam Nuhu Ribadu, announced on Saturday that Nigeria continues to lose […]

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Nigerian Government Reiterates Pledge to end Crude Oil Theft

By Ifunanya / August 27, 2023

Nigeria’s Minister of state for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has reiterated Nigerian Government commitment to stem the tide […]

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98385 employment rate in nigeria soars by 76 7 in q1 2023 national bureau of statistics

Employment Rate in Nigeria rises by 76.7% in Q1 2023

By Ifunanya / August 26, 2023

Hauwa AbubakarLast updated Aug 26, 2023 About three-quarters of working-age Nigerians were employed – 73.6% in Q4 2022 and 76.7% […]

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Unclaimed dividends rise to N190bn in 2023 – SEC

By Ifunanya / August 26, 2023

The Securities and Exchange Commission said the total value of unclaimed dividends has risen to N190 billion in 2023. Dayo […]

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98120 port harcourt refinery set to restart operations in december says minister

Port Harcourt Refinery to resume operations in December – Minister

By Ifunanya / August 26, 2023

Chika Eze, AbujaLast updated Aug 26, 2023 The Nigerian Government says it is committed to end petroleum product importation soon, […]

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