...Projects N7.418tr federal revenue ...Naira falls to N313/$ at inter-bank market For the next fiscal year, the executive arm of government has proposed a crude oil benchmark price of $42.5 per barrel, up from the $30 in the 2016’s budget. An estimated N7.775 trillion is expected as...

The Federal Government has lamented that the foreign exchange restrictions by Central Bank of Nigeria (CBN) in the first half of this year adversely affected the economy. Minister of Budget and National Planning Udoma Udo Udoma, who spoke at the stakeholders’ consultative forum on the 2017-...

The naira fell to 378 against the dollar at the parallel market on Monday, down from 375 on Friday as scarcity of the greenback continued to weigh on the local currency at both the interbank and black markets. The dollar liquidity crisis at the interbank...

Stock market investors (equities only) in the country recorded an appreciation in value of N1.461tn on their investments in the second quarter of this year. Compared to the first quarter of the year, the Nigerian Stock Exchange market capitalisation closed at N10.165tn on June 30...

its, …As 30m Households Lament ...Nigerians turn to firewood, charcoal, sawdust ...Marketers halt product’s importation Dual Purpose Kerosene (DPK), known as kerosene, hit an alltime high price of N600 per litre at the weekend, worsening the pains of over 30 million households who depend on the product...

Truck owners have threatened to stop transporting fuel across the country from tomorrow over backlog of unpaid bridging claims and none reimbursement of insurance premiums by the major marketers. Over 95 percent of petroleum products are transported by trucks as the nations’ pipeline infrastructure is...