African Business News

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71769 nigerias revenue from oil sector dropped by 60 per cent to n308bn in february cbn

Nigeria’s revenue from oil sector dropped by 60 per cent to N308bn in February – CBN

By Ifunanya / June 9, 2023

Nigeria’s revenue from the oil sector dropped by 60 per cent to N308.07 billion in February 2023. According to the […]

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N69.4bn debt: AMCON, Jimoh Ibrahim differ on judgement

By Ifunanya / June 9, 2023

The Asset Management Corporation of Nigeria on Thursday said the Court of Appeal, Lagos State Division, has dismissed an appeal […]

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71627 nnpcl withheld n8 48trn oil subsidy since january 2022 rmafc

NNPCL withheld N8.48trn oil subsidy since January 2022 – RMAFC

By Ifunanya / June 8, 2023

The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has accused the Nigeria National Petroleum Company Limited (NNPCL) of withholding N8.480trillion. […]

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71586 10 poorest states owe over n1tn provide govs jumbo package

10 poorest states owe over N1tn, provide govs jumbo package

By Ifunanya / June 8, 2023

The 10 poorest states in Nigeria owe native and overseas collectors about N1.18tn, in response to findings by The While […]

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71420 427962 nigerians in diaspora get nin

427,962 Nigerians in diaspora get NIN

By Ifunanya / June 8, 2023

The share of diasporan Nigerians with National Identification Numbers rose to 25.17 per cent in May 2023. The National Identity […]

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Nigeria loses N150bn to gas flaring in four months – NOSDRA

By Ifunanya / June 8, 2023

Oil and gas companies operating in Nigeria flared 92.3 million standard cubic feet of gas, mscf, worth an estimated N150.8 […]

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71221 plastic pollution threatens mangroves in ndelta says hyprep

Plastic pollution threatens mangroves in N’Delta, says HYPREP

By Ifunanya / June 8, 2023

Prof Nenibarini Zabbey, Coordinator of HYPREP, The Hydrocarbon Pollution Remediation Project has expressed considerations that plastic pollution was an rising […]

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71098 data protection bureau rakes in n5 5bn says commissioner

Data protection bureau rakes in N5.5bn, says Commissioner

By Ifunanya / June 7, 2023

The National Commissioner, Nigeria Data Protection Bureau, Dr Vincent Olatunji, has stated that the sector has mixed earnings of N5.5bn, […]

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Nigeria’s economic growth too slow to tackle poverty – World Bank

By Ifunanya / June 7, 2023

The World Bank has said that Nigeria’s economic growth is too slow to address the challenge of extreme poverty in […]

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24529 naira loses further at official market amid currency scarcity

Naira Holds Steady at N464.67 Against the US Dollar

By Ifunanya / June 7, 2023

The Nigerian local currency, Naira, maintained its stability during Tuesday’s trading, exchanging at N464.67 to the dollar at the Investors […]

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