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FG scraps DPR, PEF, PPPRA; sets up new agencies
The Federal Government has scrapped the Department of Petroleum Resources (DPR), Petroleum Equalisation Fund Management Board…
Domestic gas production hits 66.58%
Over 66 percent of domestic gas supply in September 2021 was produced locally, according to the Petroleum Products Pricing…
CBN releases guidelines on disposal of non-permissible income
The Central Bank of Nigeria has issued its guidelines on the disposal of Non-Permissible Income (NPI) for Non-Interest Financial…
Nigeria records further drop in inflation rate
The Consumer Price Index, (CPI) which measures inflation increased by 16.63 per cent (year-on-year) in September 2021.
This is…
NGX announces resignation of Onyema as Non-Executive Director
The Nigerian Exchange Limited (NGX), has announced the resignation of Mr Oscar Onyema, as Non-Executive Director, ahead of NGX…
What states can do to improve their Internally Generated Revenues –…
Vice President Yemi Osinbajo on Thursday tasked states to think out of the box in raising their respective Internally Generated…
Ekiti State GDP higher than that of many African nations – Osinbajo
Vice President Yemi Osinbajo has said that Ekiti State has a higher Gross Domestic Product (GDP) than several African countries.
CBN Threatens To Bar BVN Violators From Banking Services
The Central Bank of Nigeria (CBN) has issued a Revised Regulatory Framework for Bank Verification Number (BVN) operations and…
Nigeria’s economy to shrink in Q4 2022 – IMF
The International Monetary Fund (IMF) has predicted Nigeria’s economy would shrink by 0.5 percentage point in fourth quarter (Q4)…
Forex: My advice to CBN not meant to devalue Naira – Osinbajo
Vice President Yemi Osinbajo has said that he is not calling for the devaluation of the naira contrary to some reports that…