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NNPCL Vows To Use Gas To Trigger Nigeria’s Industrialisation, Economic Development

The Nigerian National Petroleum Company (NNPC) Ltd has stressed its commitment towards utilizing the abundant gas resources to trigger Nigeria’s industrialisation and economic development. The...

How We’re Stabilizing Exchange Rate, Curbing “Imported Inflation” – CBN Spokesperson

Spokesperson of the Central Bank of Nigeria (CBN), Mrs Hakama Sidi Ali has identified the clearing of the foreign exchange transactions backlog as part...

CBN Urges Vigilance Against Fraud

The Central Bank of Nigeria (CBN) has urged Nigerians to educate themselves and their children about the tactics of fraudsters and scammers to safeguard...

We’re Still Battling Fuel Subsidy Beneficiaries – President Tinubu 

President Bola Tinubu has given a strong indication that his government is still battling with beneficiaries of the fuel subsidy which he removed on...

Nigeria’s Inflation Climbs To 31.7%, Highest In 28 Years

The National Bureau of Statistics (NBS) has  announced a significant year-on-year increase in Nigeria's headline inflation rate, soaring to 31.7% in February 2024 from...

UTM Offshore Is Set To Float Gas Project, Solicits NCDMB’s Equity Investment

UTM Offshore Limited, promoters of Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility has requested the Nigerian Content Development and Monitoring Board (NCDMB) to...

Tinubu Appoints Former Lagos Transport Commissioner As NIMASA Boss

President Bola Tinubu has appointed a former Transport Commissioner in Lagos State, Dr. Dayo Mobereola as Director-General of the Nigerian Maritime Administration and Safety...

How Executive Order Will Unlock Development Of Non-Associated Gas In Nigeria – NLNG MD

The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Dr. Philip Mshelbila has said that the recent Executive Order on Oil...

NCC Blocks Over 40 Million Telephone Lines For Failure To Link To NIN

The Nigerian Communications Commission has announced the blockage of over 40 million telephone lines for failure to link to the National Identity Numbers (NIN) The...

Foreign Investors Dominate Nigeria’s Open Market Operations With  $530 Million

Foreign Investors were said to have outshined their Nigerian counterparts by committing $530 million in the country's Open Market Operations (OMO). A statement by the...
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