Dr. Abass Mimiko, the younger brother of a former governor of the state, Dr. Olusegun Mimiko, has emerged as the …
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CBN Slashes BDC Exchange Rate to N1,036.3/$: Latest Round of Discounted Dollar Sales to BDCs
To stabilize the Nigerian economy and address the distortion in the retail segment of the foreign exchange (forex) market, the …
Read More »Port Harcourt Refinery to Begin Operations by December, Senate Confirms
The Port Harcourt Refinery is set to resume operations by December 2024, a significant milestone in Nigeria’s quest for energy …
Read More »NNPCL and First E&P Begin Oil Production at Madu Field in Bayelsa
The Nigerian National Petroleum Company Limited (NNPCL) and its Joint Venture (JV) partner, First Exploration and Petroleum Development Company Limited …
Read More »Tinubu’s Government Reveals Strategies to Reduce Inflation and Boost Economy
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has recently announced the government’s plans to tackle …
Read More »FG to Execute $3.8 Billion Gas Supply Agreement for Brass Methanol Project in May 2024
The Federal Government has announced that it will execute the $3.8 billion Gas Supply and Purchase Agreement (GSPA) in May …
Read More »Diesel Price Slash by Dangote to Combat Nigerian Inflation
The Chairman of the Dangote Group, Alhaji Aliko Dangote, has announced a reduction in the price of diesel, from 1,200 …
Read More »FG Revenue Rising, Nigeria’s Economy Moving in the Right Direction: Minister Wale Edun
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, expressed optimism about the country’s economic outlook, stating …
Read More »Abuja Witnesses 19% Drop in Rice Price Amid Rising Inflation
The price of a 50-kilogram bag of locally parboiled rice has seen a significant decrease of 19% in Abuja, Nigeria, …
Read More »IMF Reappoints Kristalina Georgieva as Managing Director for Second Term
The International Monetary Fund (IMF) has reappointed Kristalina Georgieva as its managing director for a second five-year term, beginning October …
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