Nigeria’s Crude Oil Production Drops To 1.25 Million Barrels Per Day – OPE
Nigeria’s average crude oil production in May dropped to 1.25 million barrels per day (bpd) from 1.28 million bpd recorded in April 2024, according to…
Author: Joseph
Wale Edun: World Bank Has Approved $2.25bn Loan For Nigeria
Wale Edun, the minister of finance and coordinating minister of the economy, has announced the approval of two major “financial support packages” by the World…
Lagos-Calabar Highway: FG Reroutes Mega Project, Slashes Lanes To Six
The Federal Government says it has rerouted the Lagos-Calabar Coastal Highway path to avoid any possible damage to subsea cables belonging to telecommunication companies. The government…
President Misinformed You, No Agreement On New Minimum Wage Yet – NLC
The Nigeria Labour Congress (NLC) has reacted to the Democracy Day Speech by the President, Bola Tinubu, where he gave assurance of a new minimum…
We Won’t Tolerate Violence – DSS Issues Warning On June 12 Protests
The Department of State Services (DSS) has issued a warning to the General Public about planned protests scheduled to hold tomorrow, June 12. In a…
Shutting Down National Grid Is Criminal, Police Warn Protesters
The Nigeria Police Force has cautioned against violent protests across the country. This was as the force said it is unacceptable to disrupt critical infrastructure…
Southwest Governors Agree on a Common Agenda for Prosperity and Governance in the Region
Regional economic integration, food production and regional security are the main items that top the agenda at the meeting of the South-West Governors’ Forum held…
Billions in assets are recovered by the EFCC for Oil Magnate. Arthur E.
The Economic and Financial Crimes Commission (EFCC) has recovered billions of naira worth of assets from two brothers, Olisaebuka Eze and Onyeka Nnadozie Eze, following…
Smuggled petroleum from Nigeria floods West African markets, fetching ₦1,700 per litre.
The Federal Government, on Monday, raised the alarm over the renewed smuggling of Premium Motor Spirit, popularly called petrol, following the massive hike in the…
Nigeria’s FX Reserve Rises To $32.8 Billion After 10-Week Slump
After a 10-week dip of $1.8bn, Nigeria’s foreign exchange reserve has shown a steady increase over the past six days, indicating a recovery process for…