Business & Economy
NNPC, CBN meet to effect Tinubu’s directive on crude oil revenue management, commercial operations
The Nigerian National Petroleum Company (NNPC Ltd) and the Central Bank of Nigeria (CBN) met on Thursday in Abuja to...
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US identifies 20 projects to support under its Minerals Security Partnership initiative to boost critical mineral supply chains
The United States government says it has so far identified 20 projects it plans to support under its Minerals Security...
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Nigeria celebrates additional 14,000 bpd out from NNPC’s Akpo West offshore field operations
It was celebration time on Wednesday as Nigeria’s oil production capacity received a significant boost with the Nigerian National Petroleum...
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How Fiscal Commission’s Project Verification Can Bridge Nigeria’s Infrastructure Deficit
By Awassam Bassey Nigeria’s infrastructure deficit has hit a whooping $2.3 billion (approximately three trillion Naira), a World Bank statistics...
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NIES 2024 organisers unveil speakers scheduled for the global energy summit
Distinguished speakers confirmed to participate in the forthcoming Nigeria International Energy Summit (NIES) 2024 have been unveiled. The Summit, which...
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Why Shell’s plan to sell its shares in some oil, gas assets to Nigerian firms is yet to receive regulatory consent – NUPRC
The alleged plan by Shell Petroleum Development Company (SPDC) to sell its shares in some oil and gas assets to...
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No plan to convert $30bn domiciliary deposits into Naira
The Central Bank of Nigeria (CBN) says it has no plans to convert $30bn deposits in domiciliary accounts to Naira....
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CBN issues modified guidelines on implementation of cash reserve requirement
The Central Bank of Nigeria (CBN) has introduced a modified mechanism for the implementation of the cash reserve requirement (CRR)...
Read moreCBN confirms completion of settlement of all outstanding verified FX claims by foreign Airlines
In continuation of its effort to clear the backlog of foreign exchange in key sectors of the economy, the Central...
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UPDATED: ALSCON: Implications of the Supreme Court’s ruling and the way forward
By Bassey Udo On Friday, January 26, 2024, the Supreme Court sent the former Director-General of the Bureau of Public...
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