The Nigerian National Petroleum Corporation on Monday said that the total revenue generated from the sale of petroleum products for the period of May 2020 to May 2021 stood at…
Business & Economy
Naira depreciates further, as foreign reserves gain $600m in one week
Nigerian Naira, faced severe pressures last week, forcing it to a record depreciation against the US Dollar in both the parallel market and Investors and Exporters (I&E) window. In the…
Nigeria debt hits N35.5trn as local debt stands at N21 trillion- DMO
The nation’s public debt stock stood at N35.465 trillion as at June 30, Director-General of the Debt Management Office, DMO, Ms. Patience Oniha, disclosed yesterday. Total Public Debt is composed…
Nigeria loses $188bn investment opportunities in 4 years
Nigeria may have lost about $188.29 billion, representing more than 92 percent of investment opportunities available to the country between 2017 and 2020. Details of a report by the Nigerian…
The international oil benchmark, Brent crude, jumped on Monday, snapping a seven-day losing streak that was crude’s worst since 2019, as the dollar pulled back and traders bet the recent…
AbdulRazaq: Govt alone cannot solve healthcare challenge
Amidst a steady rise in casualty rates of the Third Wave of the Covid19 pandemic, the Kwara State Governor, AbdulRahman AbdulRazaq has said that government alone could not solve…