The Debt Management Office (DMO) has released the second series of Federal Government’s issuance of a green bond which was oversubscribed. According to a statement released following the subscription, the […]

Nigeria’s daily oil production has exceeded the 2.3 million barrel per day benchmark for the 2019 budget. The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, disclosed […]

The Central Bank of Nigeria (CBN) reportedly spent $3.25 billion defending the Naira at the foreign exchange (forex) market in April 2019. In its Economic Report for the month of […]

The Central Bank of Nigeria (CBN) has expressed readiness to start the Export Facilitation Initiatives (EFI) targeted at boosting commodity exports in the non-oil sector of the Nigerian economy. This […]

The Nigeria Sovereign Investment Authority (NSIA) has disclosed that its assets grew to N617.698 billion in 2018 from N533.882 billion recorded in the previous year. And the authority has adopted […]

Nigeria lost N44.6 billion as a result of the drop in oil revenue occasioned by the shut-ins and shutdowns of some terminals by the Nigerian National Petroleum Corporation in April […]

Nigeria’s crude oil reserves dropped by 481 million barrels to 36.972 billion barrels in 2018, according to a new report by the Organisation of Petroleum Exporting Countries (OPEC). OPEC, in […]

President Muhammadu Buhari has said the government would continue to support the private sector to improve the agricultural sector through export expansion plan. President Buhari also said that the support […]

Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has disclosed a directive by President Muhammadu Buhari ordering the blacklisting of companies importing restricted items into the country. […]

The Nigerian Ports Authority (NPA) on Tuesday announced a 10% discount on harbour dues in all concessioned terminals at the Eastern ports. This was disclosed by the General Manager, Corporate […]