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Inflation Rate Rises to 15.6%
Nigeria’s inflation rate rose to 15.7% from 15.6% recorded in the previous month. According to the consumer price index report,...
Cargo Volumes Increase by 12.4 per cent
The International Air Transport Association, IATA, has said cargo volumes increase by 12.4 per cent in January 2022 compared to January...
Naira Falls to N581.2/$1 at P2P Market
The exchange rate between the naira and the US dollar closed at N416.67/$1 at the official Investors and Exporters (I&E)...
Oil Price Faces Decline
The prices of oil declined in nearly two years after the United Arab Emirates, stated that it supported pumping more...
Nigeria Boasts of 1.9 billion Liters of Petrol
The Minister of State for Petroleum Resources, Timipre Sylva, has said Nigeria now has 1.9 billion liters of petrol in...
Mines Minister Laments Raw Ore Export
The Minister of Mines and Steel Development, Olamilekan Adegbite, says the Federal government is losing money and jobs by exporting...
House of Representatives to Investigate FERMA Over State of Roads
The House of Representatives has resolved to investigate the Federal Road Maintenance Agency, FERMA over the bad state of roads...
Oil Companies Debts Hit 1.32trillion Naira
The Nigeria Extractive Industries Transparency Initiative, NEITI has announced that the indebtedness of 55 Oil Companies to the Federal Government...
Contributory Pension Scheme Rises by N190billion in January
The total assets under the Contributory Pension Scheme rose by N190billion in January. Figures from the National Pension Commission revealed...
Nigeria Customs Service Set Revenue Target of N3.02tn
The Nigerian Customs Service has set a revenue target of N3.02tn for 2022. This was disclosed by the Comptroller General...
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