Fed Govt Releases N309bn Grant To Exporting Firms   The Federal Government has approved the disbursement of N308, 458, 160, 546.41 worth of promissory notes to 199 exporting companies. According to a statement signed by the Head, Corporate Communications, Nigerian Export Promotion...

FG Will Save N10trn On Fuel, FX Subsidies Removal - CPPE   Nigeria is going to save about N10tn annually by the elimination of subsidies on Premium Motor Spirit, popularly called petrol, and foreign exchange, a report released on Sunday by...

Oil Production May Drop Over Fresh Pipeline Explosions   Nigeria’s oil production output may fall this month over a fresh pipeline explosion, according to findings by our correspondent. A fresh explosion was said to have rocked a major export pipeline in the...

CBN Disburses N114bn Under 100-for-100 Policy   The Central Bank of Nigeria has disbursed N114.17bn to beneficiaries under its 100-for-100 Policy on Production and Productivity since the commencement of the intervention. This was disclosed in a communiqué issued by the CBN Governor,...

Lagos, Kano Get Lion’s Share In N42bn Ecology Fund - NBS   The 36 states of the federation shared N41.79bn allocation from the Ecology Fund in 2022. This was according to data from the distribution of Ecology Revenue allocation to states by...

Petrol: Queues Return To Abuja, Others As Supply Dips   The scarcity of Premium Motor Spirit, popularly called petrol, has again returned to Abuja, Nasarawa, Niger, Kaduna and other states, causing massive queues at the few filling stations that dispensed the...