The African Export-Import Bank (Afreximbank) has launched a 1.5 billion-dollar collaborative COVID-19 Pandemic Response Facility (COPREFA) to support African economies with rapid financial assistance to reduce...
The Federal Executive Council (FEC) has given its approval for the award of contract on the full scope development of arterial road from Northern Parkway, Shehu...
The Federal Government is seeking a $1.2bn external loan from Brazil to finance agricultural programmes in the 2021 budget. The Minister of Finance, Budget and National...
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said Nigeria’s total public debt will increase by N6tn to hit N38tn by December 2021....
The Federal Government said it earned a total sum of N424.71 billion from Value Added Tax (VAT) in the third quarter of the year (Q3 2020)...
The Nigerian National Petroleum Corporation (“NNPC”) and FIRST Exploration and Petroleum Development Company (“FIRST E&P”) Joint Venture has announced the commencement of oil production from the...
The power sector has recorded a generation capacity loss of N243 billion within 10 months from January to October 2020. This was revealed in the October...
Oil prices fell more than 3% on Monday over fears that COVID-19 lockdowns across Europe will weaken fuel demand. Brent crude futures LCOc1 for January dropped...
The Federal Government has admonished port terminal operators and shipping companies to adopt the Nigerian Export Proceeds (NXP) number in order to ensure speedy attention to...
The Transmission Company of Nigeria (TCN) says the power sector has recorded an all-time national high of 5,459.50MW. A statement issued by Ms Ndidi Mbah, TCN...