Nigeria’s crude Oil Production Rose To 1.35mbpd In August — OPEC
September 11, 2024 Nigeria’s crude oil production increased from 1.307 million barrels per day in July to 1.352mbpd in August. Channels Television reports that according to the Organisation of the…
Weight-loss market to see 16 new drugs by 2029, report estimates
September 11, 2024 The market for weight-loss treatments is expected to see 16 new drugs vying for a slice of the lucrative business currently dominated by Novo Nordisk and Eli…
AFC Leads Nigeria’s Inaugural Domestic Dollar Bond, Raising over US$ 900m
September 11, 2024 Africa Finance Corporation (AFC) the continent’s leading infrastructure solutions provider, on Wednesday announced the issuance of an inaugural domestic dollar bond from the Federal Government of Nigeria…
NNPCL/Chevron JV concludes conversion of 5 assets into PIA terms
In line with the Petroleum Industry Act (PIA) 2021 provisions of transiting assets from the Petroleum Profit Tax (PPT) into PIA terms, the NNPC Ltd and its Joint Venture…
Nigerian crude producers market Nembe crude to Asia refineries
Nigerian oil producers are marketing their latest new crude oil grade Nembe to Asian refiners as it expects production to triple in the short to medium term, company executives said…
FG’s VAT Revenue rose by over 9% to N1.56tn in Q2 2024 -NBS
September 9, 2024 The Federal Government’s revenue from Value Added Tax rose to N1.56tn in the second quarter of 2024, showing a growth rate of 9.11% on a quarter-on-quarter basis…
Konga’s Back-to-School Campaign Empowers Learners, Educators with Unbeatable Deals
Konga’s Back-to-School campaign has been a game-changer for parents, students, teachers, and other stakeholders in Nigerian education. Since its launch three weeks ago, the campaign—which offers necessary school supplies and…
Nigeria, China ink $3.3bn industrialisation partnership
In a landmark event chaired by the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, Nigeria and China have reaffirmed their commitment to deepening economic cooperation…
Tinubu, the country is red, by Ken Ugbechie
Nigeria is red. Blood red. Headline inflation is high at 34.2 percent (June), highest rate in 28 years. And fuel is feuding again. Does President Bola Tinubu know this? It…
China stops short of Africa debt relief as it pledges more cash
September 7, 2024 China stopped short of providing the debt relief sought by many African countries this week, but pledged 360 billion yuan ($50.7 billion) over three years in credit…