Latest Economy News

CBN Retains MPR at 27.50%

The Central Bank of Nigeria (CBN) at its 300th Monetary Policy meeting…

NNPC Ltd Sacks Senior Staff in Major Restructuring

The Nigerian National Petroleum Company (NNPC) Ltd has terminated the services of…

RMAFC To Announce New Revenue Allocation Formula Soon

A new revenue allocation formula and pay packet for political and public…

Group announces plan to tackle Nigeria currency devaluation

Abuja (Nigeria): In a bold move to combat Nigeria’s currency devaluation, a…

Jonah pushes for currency act to combat Nigeria inflation

Abuja, Nigeria –  Coalition of Nigeria’s foremost public policy reform groups, led…

IPMAN gives FG 7days to pay #100b Bridging Claims

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has issued a stern…

Central Bank of Nigeria introduces new ATM transaction fees

The Central Bank of Nigeria (CBN) has introduced new Automated Teller Machine…

Crude Oil Theft: NNPCL Uncovers 12 New Illegal Pipeline Connections

The Nigerian National Petroleum Company Limited (NNPCL) has uncovered 12 new illegal…

Nigeria Takes Leap towards Energy Sufficiency with 5 Mini LNG Plants in Ajaokuta

President Bola Tinubu has reaffirmed his administration's commitment to deepening gas utilization…

Nigerian Govt. Defends Fuel Deregulation Policy, Says Price Will Find Its Level

The Nigerian Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has…

Cross River Launches Cocoa Initiative To Transform Economy

Farmers in Akpabuyo Local Government Area of Cross River State are filled…

OPEC Ministers Reaffirm Commitment to Oil Market Stability

In a significant move to ensure sustained stability in the global oil…