No plan to jettison redesigned Naira banknotes, says CBN
Despite all the challenges that have trailed the Naira redesign policy, the Central Bank of Nigeria (CBN) has dismissed rumour making the round that it planned to phase out the…
A Local Definition of Absolute Poverty
By Bassey Ubong The problem of definition of concepts which has plagued thinkers since antiquity took the centre stage in a village in Nigeria in the recent past. The Village…
Nigerian govt. not stopping fuel subsidy removal plan
The plan to remove the subsidy on the supply and distribution of petrol is on course, the Minister of Finance, Budget and National Planning, Zainab Ahmed, has said. The…
OGP Nigeria appoints Steering Committee members
The Open Government Partnership (OGP) Nigeria has announced the selection of eminent civil society group representatives to join its National Steering Committee 111. The selected CSO representatives include the Executive…
PIA, Regulation & Return of Investments in Oil & Gas Sector
By Akpandem James There is absolutely no doubt that Africa is a very rich continent, both in terms of human and natural resources. It is this massive wealth, particularly of…
Mele Kyari’s legacy footprints on Nigeria’s oil, gas sector
By Bassey Udo He is simple, unassuming, self-effacing in carriage, but deliberate and purposeful in his strides. Like him or not, Mele Kolo Kyari, the Group Chief Executive of the…
NDIC set to pay insured depositors of defunct Peak Merchant Bank
Insured customers of the defunct Peak Merchant Bank are to be paid their deposits, the Nigeria Deposit Insurance Corporation (NDIC) has announced. The corporation said the verification of the details…
Mini bid round: NUPRC plans investment, finance roadshow for licensees
Nigeria’s oil and condensate reserves is about 36.966 billion barrels as of January 1, 2023 The upstream petroleum industry regulator is planning the maiden Nigerian Upstream International Investment and Financial Roadshow…
How PIA is helping Nigeria reverse annual upstream industry CAPEX decline – NUPRC
Nigeria is exploiting the opportunities created by the effective implementation of the Petroleum Industry Act (PIA) to restore the growth of the upstream petroleum industry, the Nigerian Upstream Petroleum Regulatory Commission…
Revised NBS labour survey methodology defines key terms differently
The revised methodology for the Nigeria Labour Force Survey (LFS) by the National Bureau of Statistics (NBS) has come up with new definitions of the key terms of employment, unemployment, and underemployment in…