Bol, AfDB, IFAD Approve $2bn For Nigeria’s Agric Project         The Bank of Industry (BoI), African Development Bank (AfDB) and International Fund for Agricultural Development (IFAD) have okayed $2 billion loan to reduce poverty, end hunger and increase resilience to climate change in rural communities around...

Fed Govt Reviews 26 Water Contracts, Saves N53bn       The Federal Government on Monday announced that said it saved N53bn after carrying out a review of 26 water project contracts across the country. Minister of Water Resources, Suleiman Adamu, disclosed this in Abuja at the unveiling of...

National Assembly May Pass 2021 Budget December 10         The Senate and House of Representatives Committees on Appropriations are expected to turn in their report on the 2021 Appropriation Bill on Thursday. It was learnt that some standing committees have, however, yet to submit their reports on...

NNPC Targets N11trn Revenue For 2021, $14bn Industry Spending         The Nigerian National Petroleum Corporation plans to generate N11.39tn revenue in 2021, while projecting an increase in oil and gas output and sales between 2021 and 2023. According to a written presentation to the National Assembly by...

OPEC Seeks Oil Recovery, Continues Production Cut Talks       The Organisation of the Petroleum Exporting Countries will, on Tuesday, continue its discussion on the extension oil production cuts as it set its sights on “oil market stability in the interest of producers, consumers and the global...

Despite COVID-19 Harsh Conditions, Banks’ Profits Rise To N677bn       Despite the economic meltdown caused by the COVID-19 pandemic, the nine months 2020 financial results of 12 commercial banks have shown that they recorded a combined profit of N677.149 billion for the period that ended on...