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Thursday, March 28, 2024

CATEGORY

Economy

‘Nigeria Loses N320 Billion To Gas Flaring Annually’

NAN -  Nigeria loses not less than two billion dollars (approximately N320 billion) to gas flaring annually, Mr Nnimmo Bassey, an environmentalist has said. Bassey,...

FG Cuts Down Fuel Importation Allocations

The Federal   Government has reduced the number of companies licensed to import gasoline in the third quarter to 27 from 40 in the previous...

CBN Cashless Policy Takes Off Nationwide

The cashless policy, an initiative of the Central Bank of Nigeria (CBN) and the Bankers’ Committee aimed at reducing the amount of cash in...

African Union Summit Approves Creation Of African Monetary Fund

NAN - The African Union (AU) Summit has approved the creation of an African Monetary Fund (AMF) with an initial capital of 22.64 billion...

President Jonathan Approves New Fiscal Policy Measure On Rice

As part of  federal government’s effort to encourage local production and  investment in rice value chain through backward integration and the quest to discourage...

Niger Delta Fishermen Reject $50 Million From Shell As Compensation

Thousands of Nigerian fishermen have rejected an offer of $50 million from Royal Dutch Shell for “some of the largest oil spills in history,”...

FG Records Colossal Drop Of N1.43 Trillion In Crude Oil Sales

A document obtained from the Budget Office of the Federation has  revealed an  enormous drop of 1.43 trillion in crude oil sales in the...

India Now Largest Importer Of Nigeria’s Crude Oil – NNPC

Oil-rich Nigeria said on Thursday that India has replaced the United States as its largest crude importer, accounting for more than a quarter of...

National Confab Delegates Call For National Carrier And Dredging Of Niger River

In continuation of the plenary session of the National Conference, delegates yesterday considered the report of the Transportation Committee headed by Senator Musa Adede,...

#GoodNews: Nigeria Listed As Number One Destination For Foreign Investors

Regardless of the several ill-news emanating from Nigeria, not everything is all gloomy about the most populous black nation on the surface of the...

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