Business
Nigeria’s crude oil production rises to 1.235 million bpd in December 2022 – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that the country’s crude oil production rose to 1,235,317 million barrels...
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Unmetered Electricity Consumers Hit 7.8 Million
The number of power consumers on estimated billing, who lack meters, has risen to over 7.8 million, the Nigerian Electricity...
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FG Unaware Of NUPENG’s Strike Threat- Ministry
The Federal Ministry of Labour and Employment on Thursday said it was not yet aware of the plans made by...
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CBN Bans Over-the-counter Withdrawal Of New Notes
The Central Bank of Nigeria has directed Deposit Money Banks not to pay customers making over-the-counter withdrawals of new naira...
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Alarm Over National Debt Unnecessary- DMO
The Debt Management Office (DMO) says the alarm created around the country’s projected public debt by a segment of the...
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Discos Make ₦296 Billion In Three Months – NERC Report
Power distribution companies raked in about N296bn as electricity bills from customers in the first quarter of 2022, the Nigerian...
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DisCos increase Electricity tariff in December as NERC, Jedy Agba mum on development
Nigeria’s minister of state for power, Goddy Jedy-Agba has reportedly refused to confirm an electricity tariff increase that reportedly occurred...
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Nigeria to earn less forex as natural gas prices fall in January 2023 – Expert
Nigeria will likely earn less foreign exchange as global natural gas prices have fallen by over 50% this January. Oluwatobi...
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Nigeria’s Debt To Hit N77tn, Loan Servicing Gulps N5.2tn
Nigeria’s public debt burden may hit N77tn if the National Assembly approves the request by President Muhammadu Buhari to restructure...
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EFCC Recovers N13bn Illegal Fuel Subsidy Payments
The Economic and Financial Crimes Commission recovered about N13bn as proceeds of illegal payments made under the subsidy regime between...
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