November Oil Production Increases To 1.44m Daily – Report     In a related development, Nigeria, Africa’s largest oil producer, produced 1.44 million barrels per day in November, a rise of 70,000 bpd from the previous month, as output from Bonny Light...

Conflict, Displacement Hindering Food Production In Nigeria, Nine Others – W/Bank     The World Bank says conflict, forced displacement, and low agricultural productivity hindered Nigeria and some African countries from becoming self-sufficient in food production. Washington D-based lender said this in a...

In Six Months, NSITF Paid N.5bn Claims To Workers, Employers     THE Nigeria Social Insurance Trust Fund has disbursed N529.9 million to workers for medical expenses refunds, loss of productivity to employers, death and disability benefits, beneficiary of deceased employees and...

eNaira May Emerge Payment Gateway As CBN Intensifies Adoption     The Central Bank of Nigeria (CBN) is contemplating a series of options to push the adoption of the eNaira, including the possibility of making it a payment gateway. A payment gateway is...

Foreign Trade Records N3.02trn Deficit In Q3, 2021   Nigeria’s total external merchandise trade recorded a N3.02 trillion deficit in the third quarter of the year (Q3 2021) as imports significantly outweighed exports, leading to unfavourable trade balance, the National Bureau...

CEOs Network To Hold 3rd Annual Awards For Young Entrepreneurs, by Reginald Tobin The CEOs Network Africa, a forum for young entrepreneurs, is set to hold it's third annual awards ceremony, to honour outstanding business owners under the age of...