Category: Economy
Nigeria’s 2.1 per cent economic growth projection in 2019 is expected to drive the regional growth forecast of 2.9 per cent, the United Nations report has projected. The report by the UN Secretary-General on the ...
The United Nations say Nigeria lost an estimated 2.8 billion dollars in revenues in 2018, mainly due to oil-related crimes. This is according to a new ‘Report by the Secretary-General on the activities of the ...
The Nigerian Electricity Regulatory Commission (NERC), says only four out 11 Electricity Distribution Companies (DisCos) in the country have metered up to 50 per cent of customers under their franchise areas. NERC in its 2018 ...
Oil prices rose by more than 1.5 per cent on Monday on hopes that talks in Beijing can resolve a trade war between the United States and China, while supply cuts by major producers also ...
The Nigeria Customs Service (NCS) has generated N1.2 trillion revenue for 2018. The Public Relations Officer of the service, Deputy Comptroller, Joseph Attah, disclosed this in a statement in Abuja on Friday. Attah explained that ...
Oil prices rose by more than one per cent on Friday, shaking off earlier losses, after China said it would hold talks with the U.S. government on Jan. 7-8 to look for solutions to a ...
The Nigerian Institute of Building (NIOB) on Wednesday blamed the poor performance of the construction industry and its low contribution to the country’s Gross Domestic Product (GDP) in 2018 on corruption. Assessing the sector, NIOB’s ...
The Nigerian Ports Authority (NPA) on Wednesday said 18 ships had arrived and were discharging petroleum products and other commodities at the Apapa and Tin-Can Island ports in Lagos. According to the NPA, three of ...
The Group Managing Director of the Nigerian National Petroleum Corporation(NNPC), Dr Maikanti Baru, said that the country’s refineries had not undergone Turn Around Maintenance(TAM) for an aggregate of 42 years. Baru disclosed this in his ...
The Young Innovators of Nigeria (YIN), has urged stakeholders in the Information and Communication Technology (ICT) sector to ensure Information Technology (IT) inclusion to drive the country toward achieving the Sustainable Development Goals (SDGs). The ...
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