Economy

The Department of Petroleum Resources (DPR) on Thursday said that Automotive Gas Oil (AGO) worth $8.4 million, allegedly stolen by an international oil company and five others, met the standards of Nigerian regulatory agencies. The…

 Nigerian economy is at present going through a big challenge with rising debt and inflation, stagnant growth, big infrastructural gap and low oil revenue. The country is majorly dependent on oil and the crash of global oil prices a few…

Some artisans in Enugu State have expressed dismay over the low patronage at the ongoing 30th Enugu International Trade Fair in the state. Some of the artisans told the News Agency of Nigeria (NAN) in Enugu on Saturday said they had…

The National Pension Commission (PenCom), says the country’s total pension assets stand at N8.906 trillion as at February ending as against N9 trillion reported in the media. Mr Peter Aghahowa, PenCom’s Head of Corporate Communications…

An expert in software development, Mr Omoh Duke, has appealed to government to grant tax holiday to Nigerian software developing firms. Duke, the CEO of ServeHub, an Abuja-based firm, made the appeal on Wednesday during an interview…

The Nigerian Ports (NPA) on Wednesday promised to enhance the competitiveness of ports by reviewing concession agreements as well as operational costs in 2019. The Managing Director of NPA, Hadiza Bala-Usman, made this known in an…

Iraq’s oil exports fell month-on-month to an average of 3.377 million barrels per day (bpd) in March, the oil ministry said on Monday as poor weather interrupted loadings and producer group OPEC continued to cut supplies. Iraq, the…

Hawkers and artisans are making brisk money four days to the 30th Enugu International Trade Fair which begins on April 5. A carpenter, Mr Desmond Udagu told the News Agency of Nigeria (NAN) in Enugu on Monday that he charged N250, 000…

 A fashion and modeling expert, Mr Emmanuel Eze-Nwagwu, has urged the government at all levels to support the fashion industry to create formidable businesses that would contribute meaningfully to the GDP. Mr Eze-Nwagwu gave the…

The Federation Account Allocation Committee (FAAC) disbursed the sum of N275.33 billion to the Federal Government in February 2019, the National Bureau of Statistics (NBS) has disclosed. The NBS said this in FAAC February 2019…