FG Curbs External Borrowing as Debt Rises N88tn - Report  The Debt Management Office data has revealed that Nigeria's total public debt rose to N87.91tn as of the end of September, 2023. Rather than increase its foreign debt stock as has been the case before now,...

Tinubu Okays 50% Reduction in Transport Fare Nationwide President Bola Tinubu on Wednesday approved a 50 per cent slash in price of interstate transport fare for Nigerians traveling during the yuletide from Thursday, December 21, 2023 to January 4, 2024. This is as the President approved...

Nigeria Remains Dream Destination for Offshore/Onshore Investments - Tinubu President Bola Tinubu has assured the international investment community that his administration would ensure that Nigeria remains a top-level destination for offshore and onshore investments. Receiving the Group Chairman and CEO of Total Energies Worldwide, Mr. Patrick...

Nigeria, China Trade Deficit Rises N7.54tn - NBS The trade balance between Nigeria and China increased to N7.54tn in the first nine months of 2023. According an analysis of data from the National Bureau of Statistics, the bilateral trade deficit in favour of China is widening,...

NNPCL Board Sets 2mbpd Target as Tinubu Inaugurates 11-Man Board President Bola Tinubu has inaugurated the 11-man board and management team for the Nigerian National Petroleum Company Limited (NNPCL) with a charge on the board members to focus on profitability, increased production, and robust governance. Speaking...

Port Harcourt Refinery Ready This Month - NNPC The end of December timeline for mechanical completion of the Port Harcourt Refinery Company (PHRC) remains sacrosanct, says the Nigerian National Petroleum Company Limited (NNPCL). “We have said from time that by the end of December, the mechanical...