Government’s expenditure on pension and gratuity settlement came to N292.38 billion last year, the Central Bank of Nigeria (CBN) has said. According to a report by...
Nigeria’s spending on chemicals from abroad came to $1.4 billion in 2019, according to the National Research Institute for Chemical Technology. Jeffrey Barminas, Director General of...
Gas flare activities across oil and gas sites in the country has cost Nigeria $779 million in the first half of 2020, according to data from...
Nigeria’s first rural commercial undergrid minigrid has finally been installed in Mokoloki, a rural community in Ogun state. The project, an initiative of Rocky Mountain Institute...
The Central Bank of Nigeria (CBN) support to agribusiness farmers through the Commercial Agriculture Credit Scheme since the initiative launched totalled N635.39 billion at the end...
The Central Bank of Nigeria (CBN) has announced N50 billion special mechanism funds to revive the ailing textiles industry. The funds to be administered by the...
Total revenues from income sources into the Federal government’s treasury fell by N1.46 trillion in the first quarter of this year, 36% below projection, according to...
Increasing Dollar scarcity or demand in the foreign exchange market has put the Naira under more pressure as it declined to N472 per dollar at the...
The total volume of natural gas produced from the nation’s deepwater oilfields has hit its lowest level in at least five years, according to data analysis...
EU leaders have struck a deal on a huge post-coronavirus recovery package following a fourth night of talks. It involves €750bn (£677bn; $859bn) in grants and...