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Fuel scarcity spreads to states, litre sells at N165
Fuel scarcity is fast spreading across the states resulting in long queues at filling stations, even as the price of the commodity soared to between N160 - N180 per litre, Daily Trust findings revealed.
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Oil prices to rise as OPEC extends cuts to Dec, 2018
Oil prices is expected to rise further as the Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC talks ended with an agreement to extend the production cut deal through the end of 2018.
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Special Job: FG To Hire Economic Growth Expert For N458m
The Federal Executive Council on Wednesday approved the hiring of a consultant to conduct a study that will aid the implementation of the present administration’s Economic Recovery and Growth Plan.
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BREAKING: Nigeria’s debt stock hits N20.37tn
In a statement made available to our correspondent in Abuja on Tuesday, the DMO said the total public debt stock comprising the Federal Government, the 36 states and the Federal Capital Territory, stood at N20.37tn as of September 30.
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Fayemi’s Ministry spends N700m to develop web-portal
The Ministry of Mines and Steel Development has spent N700 million to develop Web Portal to improve ‘Ease-of-Doing-Business’ in the mining sector.
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Oil hits $62.4 amid tightening markets
Oil prices hit their highest levels early on Monday as markets tightened, while Saudi Arabia’s crown prince cemented his power over the weekend through an anti-corruption crackdown that included high profile arrests.
Brent futures, the…
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FG Not Borrowing but Refinancing Existing Debts – Adeosun
The Minister of Finance, Mrs. Kemi Adeosun, has explained that the federal government is not desirous of borrowing fresh loans, but seeking to refinance what is known as legacy or inherited debts.
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Crude Oil Price Rises Towards $59 Per Barrel
Crude oil price rose towards $59 per barrel wednesday to sustain Tuesday’s rallies where it gained one per cent after the Saudi Energy Minister, Khalid al-Falih, said the focus remained on reducing oil stocks in industrialised countries to…
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FAAC: Allocation decreases as FG, States, LGs share N558bn in Oct
Accountant-General of the Federation, Mr Ahmed Idris, said the Federal Government, States and Local Governments shared N558.082 billion in October compared to N637.704 shared in September.
Idris made this known at the end of the monthly…
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Buhari kicks against same currency for West Africa by 2020
President Muhamadu Buhari on Tuesday in Niamey, Republic of Niger, urged member countries of the Economic Community of West African States to to tread carefully in pushing for a single currency in the sub-region by 2020.
He cited the…
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