The Nigerian Export Promotion Council said on Tuesday that the effective implementation of its new strategy on non-oil export would enable the country to increase its foreign exchange reserves to $150bn within the next 10 years. The Executive Director, NEPC, Mr. Segun Awolowo, stated this...

Though attempts have been made to assure Nigerians that there are no plans to increase the pump price of Premium Motor Spirit, popularly referred to as petrol, The PUNCH has gathered that the actual price at which the product should sell at filling stations...

...OPEC president forecasts oil price recovery in Q4  ..Suspected militants kill three soldiers, seize military ammunition in Bayelsa ..Seriake appoints ex-militant to battle vandalism As part of the efforts to address frequent disruptions to the supply of crude oil to the Kaduna Refinery and Petrochemical Company (KRPC)...

Suspected militants yesterday ambushed a location of the Joint Task Force (JTF), Operation Delta Safe (ODS), in Nembe city, Nembe Local Government Area, Bayelsa State, killing three soldiers and carting away several arms and ammunition belonging to the security outfit. THISDAY reports that during the...

The Nigeria Inter-Bank Settlement Scheme (NIBSS), revealed that deployment of automated teller machines (ATMs) by commercial banks in the country is currently in deficit of 72.33 per cent. The NIBSS, in its latest industry report, said that the ATMs installed by commercial banks in the...

Oil prices jumped as much as 3 percent on Monday amid renewed speculation that OPEC would try to restrain output, easing oversupply worries that had sent the market to three-month low last week. International benchmark Brent futures were trading at $45.41 per barrel at 12:46...