Unions Will Disburse N10bn Transport Palliative – FG       Only duly registered road transport unions will be considered under the N10bn intervention fund for road transport workers and operators, the Federal Government said on Tuesday. Minister of State for Transportation, Gbemisola Saraki, said this when the National...

Lagos Atop As States’ IGR Drops By 11.7%       The Internally Generated Revenue of the states dropped to N612.87bn in the first six months of 2020 from N693.91bn in the corresponding period of 2019. The National Bureau of Statistics disclosed on Tuesday in its report published on...

CBN Projects Huge Decline In Foreign Reserves       Amidst continued pressures on the external sector of the economy, the Central Bank of Nigeria (CBN) has projected a major fall in the country’s foreign reserves to $29.9 billion by the end of 2020 citing decline in oil...

Nigeria’s Gas Exports Recover, Surpass Pre-COVID-19 Level       The nation’s gas exports have rebounded from the COVID-19 pandemic, rising for the fourth straight month in July to 115.71 billion cubic feet, the highest level in more than a year. Nigeria, which has the largest gas reserves in...

Crude Oil Price Rises By 6% To $41       The international oil benchmark, Brent crude, surged by six per cent on Monday after doctors said the United States President Donald Trump could soon be discharged from the hospital where he was being treated for COVID-19. The upturn...

68% Households Experienced Food Insecurity In August – NBS       Sixty-eight per cent of households experienced food insecurity in August as COVID-19 continued to have its impact on different sectors, the National Bureau of Statistics stated on Monday. Part of the report read, “The food security situation...