Gas Production Declines Despite FG’s N250bn Intervention Fund to 15 Companies - Report The Energy Institute report has revealed that the production of natural gas fell last year despite an N250bn intervention fund provided to fifteen companies. According to the industry report in partnership with KPMG,...

'Inflation to Hit 30% by December'   KPMG forecasts that Nigeria’s headline inflation will rise to 30 percent by December 2023, attributing the anticipated increase to recent reforms, such as fuel subsidy removal, and the unification of the foreign exchange market. The insights were shared in KPMG’s...

Profile of 57th ICAN President, Comfort Eyitayo     The Institute of Chartered Accountants of Nigeria (ICAN) has elected Mrs Comfort Olu Eyitayo mni, CFA, FCA as its 57th President. She will pilot the affairs of the Institute for the next one year. Her investiture took place on...

Should Senate Tackle Customs for Rice Seizure?, by Zubaida Baba Ibrahim       Despite being Africa’s highest producer of rice, Nigeria spent an average of $4.2bn on its importation. These statistics were the basis on which the ban on rice importation was implemented in 2019. The importation ban...

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...

CACOVID Began distribution of Palliatives to state Govts in June …Targets 10 million poor families in 774 LG Members of the private sector-led coalition against COVID-19 (CACOVID) has enjoined Nigerian who are involved in the wanton destruction of Public and Private properties and even looting of...