FG Approves 37 New Crude Evacuation Routes as Oil Rigs Rise to 44
The Federal Government says it has approved 37 new crude oil evacuation routes across the country as part of reforms to bolster production and curb theft.
It also said the number of crude...
$3bn Repairs: MAN, Marketers Call On FG to Privatise Refineries
The Manufacturers Association of Nigeria has said the Port Harcourt, Warri, and Kaduna refineries are a drain on the country’s economy, calling on the Federal Government to sell the facilities.
This comes as crude refiners and...
Most Civil Servants Lack Needed Skills, Says FG
The Federal Government has revealed that the real issue with the civil service is not the number of workers, but a widespread lack of relevant skills and poor utilisation of available talent.
The Chairman of the Federal Civil...
Nigeria Risks Economic Crisis Without 2025 Budget Review - IMF
The International Monetary Fund has warned that Nigeria’s 2025 fiscal outlook is at serious risk, urging the government to urgently revise its budget targets to avoid a worsening financial crisis.
The IMF’s latest Article IV consultation...
Naira Gains N3.42 Against Dollar in Official, Black Markets
The Nigerian Naira remained steady against the US dollar on Thursday, June 3, in both the official and parallel markets, reflecting persistent pressure and volatility in the country’s foreign exchange environment.
In the black market, currency dealers...
Naira Gains Against Dollar in Official, Black Market
The Nigerian Naira continued its appreciated against the US dollar on Wednesday, June 2, in both the official and parallel markets, reflecting persistent pressure and volatility in the country’s foreign exchange environment.
In the black market, currency dealers...
