Economy
It’s always about the economy, stupid…
18 Billion Litres Of Petrol Were Consumed In Nigeria In 2019 – Petroleum Pricing Agency Reveals
About 18 billion litres of petrol, PMS, was supplied in Nigeria for 2019, a report by the Petroleum Products Pricing Regulatory Agency, PPPRA, has...
Mounting Rancour Between US And Iran Pushes Crude Oil Price Above 2020 Budget Expectations
Iran may be raising red flag and vowing to revenge the killing of its Revolutionary Guards’ (Overseas Forces) commander, Qasem Soleimani, in a Thursday,...
80% Of Nigeria’s Oil and Gas Revenues Benefits 1% Of The Population – World Bank
When it comes to producing oil and gas, Nigeria is arguably, without an equal when compared to its other African counterparts.
Not only is it...
Nigeria To Ditch Naira, Adopt New ECOWAS Currency, ECO, In 2020
As part of its plans to redress the region’s economic problems; leaders of the Economic Community of West African States (ECOWAS) have adopted the...
Nigeria Positioned To Earn N48 Billion Yearly From Cowpeas – Expert
Mohammed Ishiyaku, the executive director, Institute for Agricultural Research, IAR, has said Nigeria stands to gain N48 billion annually if one million hectares of...
Nigeria Generates N275 Billion From VAT In 3rd Quarter 2019 – NBS
The National Bureau of Statistics, NBS, said N275.12 billion was generated as Value Added Tax, VAT, in the third quarter of 2019.
The NBS made...
$60 Billion Cash Has Kept Naira Stable For 29 Months – CBN Boss Emefiele Says
The $60 billion inflows from the Investors’ and Exporters’ Foreign Exchange (I&E Forex) Window has contributed to the sustained stability of the naira against...
Nigeria’s National Debt Profile Rises To N25.7 Trillion
The Debt Management Office, DMO, says that Nigerian’s total debt profile is N25.7 trillion.
Patience Oniha, the director-general of the office, announced this while addressing...
13,423 Nigerian Students Contributed $514 Million To The US Economy In 2018
At least 13,423 Nigerians currently studying in the United States (U.S.) contributed $514 million to the U.S. economy in 2018, according to official data.
The...
BREAKING: Nigeria’s GDP Grows By 2.28% Due To Increased Crude Oil Production
Data made available by the National Bureau of Statistics, NBS, shows that the country’s gross domestic product (GDP) grew by 2.28% in the third...
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