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COVID-19: ECOWAS recommends gradual reopening of regional borders
The ECOWAS Ministerial Coordination Committee on Transport, Logistics, and Trade has recommended a harmonised and gradual…
Nigeria cancels June 21 resumption date for domestic flights
The Federal Government said the June 21 date for the restart of domestic flights in the country is not feasible.
The Minister of…
Oil gains two per cent as Nigeria, others reduce production
Oil futures gained more than two percent on Thursday after major producers at a meeting of the Joint Ministerial Monitoring…
NNPC Commences Oil Exploration in Niger
The Nigeria National Petroleum Corporation (NNPC) has commenced oil exploration activities in the Bida Basin in Niger State.…
Egypt discovers new oil site
The Egyptian Ministry of Petroleum and Mineral Resources announced on Thursday that it has discovered a new oil site at the Gulf…
Respite for Nigerians as IFC, Zenith Bank approve $100m support for…
There seems to be respite coming the way of Nigerians after a member of the World Bank Group, International Finance Corporation…
African Oil Producers Move Headquarters from Abuja to Brazzaville
The African Petroleum Producers Organisation (APPO) has announced the reshuttling of its headquarters from Abuja, Nigeria to…
Alleged corruption: Nigeria, US Discuss AfDB President Adesina’s Fate
The Federal Government of Nigeria has reached out to the United States government to discuss how the latter can drop its case…
FG, States, LGs share ₦547.309bn revenue for May
The Federation Accounts Allocation Committee (FAAC) has shared ₦547.309 billion to the three tiers of government as federation…
Nigeria’s inflation rises by 0.06 per cent in May
Nigeria’s headline inflation rose by 0.06 percent to 12.40 percent year-on-year in May 2020 for the 25th consecutive month.…