Heyden invests over N10b in downstream chain
Heyden Oil and Gas said it has invested over N10billion in downstream retail chain, which involved acquiring and rebranding 40 filling stations in Lagos.
How to exit recession: Saraki explains remedies
Contrary to reports that he endorses outright sale of national assets as an exit strategy from the harsh realities of economic recession, senate president Dr. Bukola Saraki ...
Showing more signs of strains, the recession-hit Nigerian economy was subject of more national and international political and economic discourses this week. The Nigerian senate debated on how to rescue the country from the slump while President Muhammadu Buhari in New York also made a case for his economic reforms which got the endorsement of…
Nigeria’s oil, gas earnings fall to N537.19 billion
The Federal Government earned N537.19 billion from oil and gas export during the second quarter of 2016, according to the Central Bank of Nigeria (CBN).
Senators kick against government's assets sale
Some senators on Wednesday kicked against the call by some Nigerians for the sale of the nation’s assets as a means of surviving the current economic recession.
Central Bank retains double-digit benchmark rate to check inflation
Nigeria has kept its double-digit benchmark interest rate unchanged in two months to control rising prices and encourage foreign investments.The Central Bank of Nigeria..
Osibanjo, CIS, CBN ex governors to chart path to capital market, economy growth
Piqued by the negative impacts of the on-going economic recession on the activities in the Nigerian Capital Market, seasoned technocrats, stockbrokers and top government functionaries are set to converge at the 9th edition of Investiture...
CBN holds interest rate
The Central Bank of Nigeria held its key interest rate on Tuesday, opting to reassure jittery currency investors rather than cutting rates to help growth.
Militants claim attack on NNPC pipeline, ex-agitators threaten CBN
The Niger Delta Greenland Justice Mandate (NDGJM) yesterday claimed an attack on the Afiesere-Ekiugbo delivery line in Ughelli, Delta State, operated by the Nigeria Petroleum Development Company NPDC/Shoreline.