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JUST IN: Nigeria’s GDP Rebased to N205trn

The Statistician General of the Federation, Adeyemi Adeniran, said top five performing sectors include real estate, telecommunications and the oil and gas.

Arewa Economic Forum Raises Red Flags Over CBN’s New BDC Policy: National Security Implications

Arewa Economic Forum Raises Red Flags Over CBN's New BDC Policy: National Security Implications The Arewa Economic Forum (AEF), a leading northern Nigerian advocacy and think-tank, has raised serious concerns over the Central Bank of Nigeria’s (CBN) new Bureau De Change (BDC) recapitalisation policy, describing...

FG Inaugurates Committee on Sale of Emefiele’s 763 Duplexes

The Minister of Housing and Urban Development, Ahmed Dangiwa, unveiled a 12-member ministerial committee to oversee activities on the seized 753 houses linked to former Central Bank of Nigeria Governor Godwin Emefiele.

Port Harcourt Refinery Not Producing Petrol Prior to Shutdown – Marketers

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said the Nigerian National Petroleum Company Limited (NNPCL) had to shut down the Port Harcourt Refining Company to save its face.

NASS Recovers Additional $14m from Oil Companies

The National Assembly’s House of Representatives Public Accounts Committee has recovered an additional $14.2m (N21.4bn) from four oil and gas companies.

Reps Kick Against Telecom Tariff Hike

Reps Kick Against Telecom Tariff Hike The House of Representatives has called on the Minister of Communications, Innovation and Digital Economy, Bosun Tijani and the Nigerian Communications Commissions (NCC), to suspend the impending hike in telecommunications tariffs until their service improved. The call followed the adoption...