Economy

Latest Economy News

NBS reports steady rise in prices of foodstuffs

The National Bureau of Statistics (NBS) has disclosed that the prices of…

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Bonga is Asset of the Year in Shell Group

Nigeria’s premier deep-water development, Bonga, operated by Shell Nigeria Exploration and Production…

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Naira gains N3.31 against dollar at official market

The Naira gained N3.31 at the official market on Tuesday, trading at…

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FG approves $750m for rural electrification

The Federal Government has approved a $750m World Bank funding for the…

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CBN raises interest rate to 26.25%

The monetary policy committee of the Central Bank of Nigeria (CBN) has…

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Port Harcourt Refinery begins operations July

The 210,000-barrel-per-day Port-Harcourt refinery may finally commence operations by the end of…

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FAAC: FG, states, LGs share N1.2trn revenue for April

The Federation Account Allocation Committee, FAAC, has shared the sum of N1.208…

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‘Shell’s Bonga boosted Nigeria’s 2023 production’

Shell Nigeria Exploration and Production Company Ltd (SNEPCo) produced more oil at…

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Nigerians kick over new 0.5% cybersecurity levy

The introduction of the 0.5 per cent cybersecurity levy on all banking…

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PoS operators to register with CAC latest July 7

The Corporate Affairs Commission has set a two-month deadline for Point of…

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