Oil Crash Threatens Nigeria’s Gas Flaring Reduction     The oil price crash brought on by the coronavirus pandemic looks set to put a damper on gas flaring reduction efforts in the country as oil firms cut capital spending. International and indigenous oil firms operating in the country...

COVID-19: CBN Okays N10bn For Healthcare Loans     The Central Bank of Nigeria (CBN) has approved N10 billion aggregate loan request by pharmaceuticals and other health care organizations from its earlier announced N100 billion facility to enable the entities produce items to fight the COVID-19 pandemic...

Africa Day 2020: APRA Sets Up A Post COVID 19 PR Advisory Team     In commemoration of the Africa Day, it gives me great pleasure to congratulate all Africans at home and in diaspora. I also salute the African Union for managing the organisation’s cause for...

W/Bank Predicts Nigeria’s Descent Into Recession     The Minister of Finance, Mrs. Zainab Ahmed has said that the World Bank country director in Nigeria who was invited to the National Economic Council (NEC) meeting, held in the State House yesterday told the council about the bank’s...

Global Fiscal Support To Fight COVID-19 Pandemic Hits $9trn - IMF   The global governments support for the war against COVID-19 now stands at a about $9 trillion, $1 trillion more than the figure it released just over a month ago, the International Monetary Fund (IMF)...

Nigeria’s LNG Export Revenue Threatened As Demand Drops   The crash in demand for liquefied natural gas in Europe has posed a threat to the Federal Government’s revenue from the exports of the commodity. The Nigeria LNG Limited, which was established to harness Nigeria’s vast natural gas...