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NNPC: Nigeria’s 192tcf Proven Gas Reserves Sustainable for Only 36 Years

The Nigerian National Petroleum Corporation (NNPC) has said that Nigeria’s proven gas reserves of 192 trillion cubic feet (TCF) can only sustain the country’s plan to generate 20,000 megawatts (MW) of power and provide gas to guarantee 64 -metric...

NESG, BHC Host Dialogue on Forex Policy

The Nigeria Economic Summit Group has partnered the British High Commission and the United Kingdom’s Department for International Development to host a public dialogue on the Central Bank of Nigeria’s foreign exchange policy. The forum, which was a follow-up to...

Beware of Wonder Banks, NDIC Warns Nigerians

As promoters of wonder banks and other ponzi schemes in the country continue to lure members of the public to mouthwatering offers, the Nigeria Deposit Insurance Corporation (NDIC) has warned members of the public not to patronise such investment...

Oil Companies Cut Upstream Expenditure by $100bn in Five Years

Capital expenditure (Capex) in the oil and gas industry in sub-Saharan Africa has been cut by $100 billion over the next five years, according to Wood Mackenzie’s latest report on upstream activity in the region. The new report revealed that...

CBN Gives Manufacturers $660m Forex in One Month

The Central Bank of Nigeria has announced that it has provided a total sum of $660m to the manufacturing sector in the last one month. The amount, the apex bank said, was made available to the manufacturers through the interbank...

NNPC Defends New Petrol Price Despite Kachikwu’s Stance

The Nigerian National Petroleum Corporation has defended the recent N4 increase in the pump price of Premium Motor Spirit at its filling stations across the country despite the statement made by the Minister of State for Petroleum Resources, Dr....
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Economic Confidential is a magazine published and produced by Image Merchant Promotion (IMPR) Limited, an Abuja-based Public Relations (PR) outfit with specialty in Media Relations, Crisis Communication, Social Media, Publishing, and Integrated Marketing Communication.

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