IOCs To Remit N400bn Oil Debt For July – NNPC   Five international oil companies operating in Nigeria’s oil and gas sector are to remit an outstanding balance of about N400bn to the Federation Government through the Nigerian National Petroleum Company...

Nigeria Targets $6.82bn Global Ginger Market   Nigeria ginger production has been on the rise as Global Ginger Market Report 2021-2027 exceeded $6.82billion in 2020. It is expected that the market will reach $8.46 billion. The key driver of the global ginger...

Fuel Hits N250/litre In Abuja, Others, Queues Persist   Some filling stations in Lagos, Abuja, Niger and other states dispensed Premium Motor Spirit at between N200/litre to N250/litre on Sunday, higher than the government-approved retail price of N165/litre, as queues for...

Manufacturers Seek Licence To Import Diesel   Members of the Manufacturers Association of Nigeria (MAN) have decried the over 200per cent increase in the price of diesel while calling on the federal government to urgently allow them and the independent petroleum...

Stock Investors Lose N139bn In One Week   Investors lost N139bn at the end of trading on the floor of the Nigerian Exchange Limited last week. The NGX All-Share Index and market capitalisation of equities listed on the NGX depreciated by 0.53...

In Three Months, FAAC Allocation Drops To N2.1trn   The Federation Account Allocation Committee allocation to the federal, state and local governments declined to 2.18tn between January to March 2022. Data collated from different reports of the National Bureau of Statistics showed...