Economy
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Over $1.5bn spent since 2020 to curb crude oil theft – SGF Akume
George Akume, secretary to the government of the federation (SGF), says over $1.5 billion has been spent on protecting oil…
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FG to raise $500m through domestic FX-denominated bonds in August
The federal government says it will issue $500 million domestic foreign currency-denominated bonds in August. The Cable News reports that…
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Nationwide protests may lead to anarchy, Nigerian military warns conveners
The Defence Headquarters (DHQ) says the planned nationwide protest has the potential of degenerating into anarchy and a reign of…
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Nigeria’s fuel importation from Malta surges 4,127% to $2.08bn
Nigeria’s fuel importation from Malta, Malta, an island in Southern Europe, has increased by 4,127 per cent to $2.08 billion…
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We’ll expose economic saboteurs in petroleum sector -Senate vows
The Nigerian Senate has vowed to expose saboteurs in the nation’s petroleum sector and those responsible for the importation of…
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Senate summons Wale Edun, Lokpobiri, NNPCL, CBN, NMDPRA, Dangote, over alleged economic sabotage
THE Senate has summoned various stakeholders and operators in the petroleum sector for interrogation over alleged economic sabotage in the…
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Osun, Delta fine Google, Meta $350m each for tax evasion
The tax authorities in Osun and Delta states have fined Google Nigeria and Meta Platforms, Inc.,150 million dollars and 200…
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Securitize N7.3trn ways and means loan – Tinubu asks Senate
President Bola Ahmed Tinubu has asked the Nigerian Senate to approve the securitization of the outstanding debit balance of N7.3…
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Nigerian oil firms mandated to supply 483,000 bpd of crude oil to local refineries
The Nigeria Upstream Petroleum Regulatory Council has issued new regulations requiring oil producers to send around 483,000 barrels per day of crude…
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Elon Musk closes 2023 with $92bn profit
Elon Musk ends the year with a whopping $92 billion in year-to-date earnings in 2023, indicating a comeback for the…
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