Ike Amos Lagos — The Nigerian National Petroleum Corporation’s (NNPC) said it sold crude oil and gas worth $854.81 million in January 2021, dropping by 12.25 per cent compared to $974.... Read more
*Pledges to optimize cost, boost remittance to FAAC Lagos — The Nigerian National Petroleum Corporation (NNPC) has clarified that the revenue projection contained in the letter to the... Read more
*To slash remittance in June *Fingers Fuel subsidy payments OpeOluwani Akintayo Lagos — The Nigerian National Petroleum Corporation, NNPC has said it would not make any remittance to t... Read more
Abidjan – Sounding a note of optimism at the European Union-Africa Green Investment Forum on Friday, African Development Bank President Dr. Akinwumi A. Adesina reminded global audiences of t... Read more
Abidjan — Constrained global financial conditions caused by Covid-19 have led to massive portfolio outflows from Africa, exceeding $5 billion in the first quarter of 2020, a new contin... Read more
News wire — South Africa’s Nedbank will stop funding new thermal coal mines by 2025 and halt direct funding of new oil and gas exploration as it plans to phase out fossil fuel ex... Read more
Ike Amos Abuja – Nigeria’s federally-collected revenue in 2020 totalled N9.314 trillion, the Central Bank of Nigeria, CBN, has said. It revealed this in its last Quarterly Economic Report fo... Read more
Oslo — Norway’s $1.3 trillion wealth fund, the world’s largest, should reduce the size of its global company reference index by between 25% and 30% to better follow up companies, prima... Read more
Ike Amos Abuja — Nigeria earned a total of N4.733 trillion from the oil and gas sector in 2020, according to data obtained from the Central Bank of Nigeria (CBN), dropping by 14.57 per... Read more
Abuja — Nigeria is keeping control of its naira currency despite demands for deeper reforms from the International Monetary Fund and World Bank and complaints from businesses. The mult... Read more
