JUST IN: CRUDE OIL RESERVES REACH 37BN BARRELS, GAS RISES TO 210.54TCF – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission has revealed the country’s current petroleum reserves, reporting a remarkable 37.28 billion barrels of crude oil and condensate, along...
NIGERIA’S PUBLIC DEBT RISES TO N144.67TN
Nigeria’s total public debt surged to N144.67 trillion ($94.23 billion) as of December 31, 2024, marking a 48.58%increase from N97.34 trillion ($108.23 billion) recorded at...
OJULARI TAKES OVER FROM KYARI AS NEW NNPCL BOSS (PHOTOS)
Bayo Ojulari, the newly appointed Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), has officially taken over from his predecessor, Mele...
CENTRAL BANK OF NIGERIA DEBUNKS FAKE N5,000 AND N10,000 BANKNOTES CIRCULATION CLAIMS
The Central Bank of Nigeria (CBN) has officially discredited viral claims suggesting the introduction of new N5,000 and N10,000 banknotes. The apex bank, through its...
NAIRA APPRECIATES AGAINST DOLLAR IN OFFICIAL MARKET, TRADES AT N1,536.82
The Naira appreciated on Friday in the official market, trading at N1,536.82 to a dollar. Data from the Central Bank of Nigeria website showed that...
ECONOMY: COMPLETE CASH TRANSFERS TO VULNERABLE NIGERIANS, IMF TELLS FG
In light of ongoing economic changes, the International Monetary Fund has urged the federal government to speed the implementation of its cash transfer program to...
JUST IN: NNPCL SET TO SELL SHARES
The Nigerian National Petroleum Company Limited has revealed that it is now in the final stages of preparing for its highly anticipated listing on the...
BUSINESS: PETROL LANDING COST JUMPS BY N88/LITRE IN ONE WEEK
A litre of imported fuel now costs ₦88 more to land than it did a week ago, according to data released by the Major Energies...
INFRASTRUCTURE: FG BEGINS CONSTRUCTION OF SECOND NIGER BRIDGE PHASE 2B ACCESS ROAD
The Federal Government has commenced the construction of Phase 2B of the access road to the Second Niger Bridge, marking a significant step in enhancing...
NIGERIA, CANADA ENHANCE AVIATION PARTNERSHIP WITH CODE-SHARING AGREEMENT
The Federal Government of Nigeria and the Canadian government have signed a code-sharing agreement aimed at enhancing efficiency in the aviation sector. Gbenga Saka, Special...