Economic Confidential

PMS: NNPC Says Ex-Depot Price Stays until End of Talks with Labour

PMS: NNPC Says Ex-Depot Price Stays until End of Talks with Labour The Nigerian National Petroleum Corporation (NNPC) has said it would maintain its current ex-depot price of Premium Motor Spirit (petrol) until the conclusion of ongoing engagement with the...

Legislation to Check foreign vessels on Nigerian waters Coming

Legislation to Check foreign vessels on Nigerian waters Coming A piece of legislation seeking to check foreign vessels on Nigerian waters and allow only the carriers built and owned by Nigerians with locals as crew members is underway in the...

Total spends $3.2m In Nigeria’s Fight against COVID-19

Total spends $3.2m In Nigeria’s Fight against COVID-19 ……Assures More Support Oil major, Total E&P Nigeria Limited has assured of further commitment to support federal government’s efforts in fighting the COVID-19 scourge through provisions of interventions alongside other stakeholders. The firms said...

Petroleum industry bill for Passage in April- Sylva

Petroleum industry bill for Passage in April- Sylva Nigeria’s Minister of State for Petroleum Resources, Timipre Sylva has said that the national assembly may pass the petroleum industry bill (PIB) in next Month. “The National Assembly has expressed the intent to...

Afreximbank, NEXIM Mulls  $50m project preparation fund

Afreximbank, NEXIM Mulls  $50m project preparation fund  African Export-Import Bank (Afreximbank) and Nigeria Export-Import Bank (NEXIM) said they are mobilizing up to $50 million project preparation funds for investments in Nigeria. This followed the signing of a Memorandum of Understanding (MoU)...

N288b ESP cash release Saves 2.1m Jobs

N288b ESP cash release Saves 2.1m Jobs The Federal Government has saved as well as created 2.1 million jobs with the implementation of its Economic Sustainability Plan (ESP). It said over 4,000 kilometres of its and rural roads have reached at...
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