Wabote Says Nigerian Refinery Produced 170m Litres Of Petroleum In 2023   The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote, has said that the painstaking implementation of the Nigerian Oil and Gas Industry Content...

NGX: Market Rebounds as Banking Stocks Drive N166bn Gain   The Nigerian Exchange Limited (NGX) witnessed a rebound in its equities market on Tuesday, propelled by a rally in banking stocks. The market had initially started the week on a negative...

Senate Probes Customs Over Alleged Failure to Remit N62bn   The Senate Public Account Committee has launched investigation into how Nigerian Customs Service failed to remit N62bn generated by the agency. This is contained in the 2017 Auditor General Report, which is...

FG’s Deficit Spending Increase by 11% to N7.88trn   The Federal Government recorded an 11 per cent, year-on-year, YoY increase in deficit spending to N7.88 trillion in seven months, from January to July, from N7.13 trillion in the corresponding period of...

NNPC to Review Pricing Regime For Crude Oil Traders   The Nigerian National Petroleum Company Limited (NNPCL) will review how its crude cargoes are priced from January 2024. A report by Bloomberg quoting a circular by the company stating that the new...

2024 Budget: FG to Spend Over N57,427,575 on State House Residential Rent   The Federal Government has proposed to spend over N57,427,575 on residential rent in State House quarters. This was contained in the 2024 Budget document obtained by Economic Confidential. Details...