The Nigerian Institute of Food Science and Technology (NIFST), has identified non-compliance with global food standards, poor packaging and poor adherence to food safety as part...
The Federal Government has granted a Petroleum Exploration Licence to TGS-PetroData Offshore Services Limited, which is the first of such licence to be issued under the...
The Central Bank of Nigeria, CBN, has lifted the foreign exchange, FOREX, restriction on importation of 43 items. CBN, the apex bank, had assured of its...
The naira yesterday depreciated to N1,030 per dollar in the parallel market from N1,010 per dollar on Wednesday. However, the naira appreciated in the Investors and...
The Central Bank of Nigeria (CBN) has lifted the forex ban on 43 items and also promised to intervene in the FX market from “time to...
Nigeria’s crude oil output rose to an all-time high of 1.35 million barrels per day in September 2023, as the country pumped its highest volume of...
The exchange rate between the naira and the dollar has dropped to N1,040 in the parallel market. The ongoing trend of demand surpassing supply seems to...
Petroleum products marketers have warned that retail outlets are shutting down operations due to increasing cost of running the business. Speaking during the National Executive Council...
The International Monetary Fund has downgraded Nigeria’s economic growth by 0.3 percentage points to 2.9 per cent for 2023 as a result of lower production in...
The Federal High Court sitting in Abuja has disqualified the candidate of the All Progressives Congress, APC, for the governorship election billed to hold in Bayelsa...