OPEC, Russia Deal Raises Hope For Crude Oil         A fresh hope for oil producing countries such as Nigeria, and Algeria was raised at the weekend as oil prices hit the highest level since early March after major producers agreed to a cautious increase in output...

Agric Sector Records $12bn Post-harvest Losses Yearly – Fed Govt         The post-harvest losses recorded in Nigeria’s agriculture sector annually is currently about $12bn, the Federal Government said on Thursday. It disclosed this in Abuja through its Nigeria Incentive-Based Risk Sharing System for Agricultural Lending, during the...

$3trn Needed To Bridge Infrastructural Deficit In Nigeria - Osinbajo         Vice President Yemi Osinbajo says three trillion dollars is needed to bridge the infrastructural deficit in Nigeria over the next 30 years. He said that adopting new models of investments for infrastructural development in the country...

Half Year Real GDP Stands At 12.18% - NBS         The National Bureau of Statistics (NBS) yesterday said the real Gross Domestic Product (GDP) growth rate for the first half of this year was -2.18 per cent year-on-year. It said in the first quarter (Q1) of this...

FG Approves 13 Loan Applications worth N1.08bn for Small Scale Miners The Federal Government on Tuesday announced the approval of thirteen loan applications worth N1.08billion for artisanal and small scale miners in the country. Mines and Steel Development Minister, Architect Olamilekan Adegbite disclosed this at the...

Fed Govt, CBN Point To Results In Economy Recovery Plan         At the backdrop of the slide into the second recession in five years, fiscal and monetary authorities are indicating that efforts are on all fronts to ensure early exit from the recession. While the Federal Government...