Economy

Nigeria to lose $2bn diaspora remittances in 2020 – World Bank

The World Bank has projected that Nigeria will lose $2 billion in remittances from its citizens in the diaspora. The…

6 years ago

5,000bpd Imo modular refinery now ready for use – DPR

The Department of Petroleum Resources (DPR) has announced that the 5,000 barrels per day Waltersmith Modular Refinery project in Imo…

6 years ago

Closing our border impacted Nigeria’s economy positively – FG

The Federal Government has stated that the closure of the nation’s borders have had positive impacts on its economy. BusinessLive…

6 years ago

NNPC releases 2019 audited financial statement, announces 99.7% loss reduction

The Nigerian National Petroleum Corporation (NNPC) has released its 2019 Audited Financial Statement announcing a 99.7% reduction in its loss…

6 years ago

DPR optimistic about Nigeria’s oil prospects

The Department of Petroleum Resources (DPR) has restated its optimism in a brighter future for Nigeria’s oil and gas industry.…

6 years ago

World Bank backs petrol subsidy removal

The World Bank has stated that the removal of petrol subsidy in Nigeria was an important step amid the COVID-19…

6 years ago

AfCFTA: NASME urges government to scale up investments for SMEs

The Nigerian Association of Small and Medium Enterprises (NASME), has urged government to scale up investments in infrastructure, manufacturing and…

6 years ago

Buhari to present 2021 budget on Thursday

President Muhammadu Buhari would be presenting the 2021 budget at a joint sitting of the National Assembly on Thursday, October…

6 years ago

Nigeria’s foreign reserve likely to drop by December – CBN

The Central Bank of Nigeria (CBN) has predicted that Nigeria’s foreign reserves will drop below $34.3 billion by the end…

6 years ago

Nigeria’s foreign reserves now $35.72bn

Nigeria’s foreign reserves has risen to $35.723bn as of September 29. According to the Central Bank of Nigeria (CBN), the…

6 years ago

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