OPEC Says Nigeria Loses N101bn Oil Revenue The Organisation of Petroleum Exporting Countries recent date has revealed that Nigeria’s crude oil production plunged by 2.3 million barrels in July 2022 when compared to what the country produced in the month of June. In its latest Monthly...

Increase in Diesel Will Lead to Fuel Hike - Experts Analysts at the Lagos Chamber of Commerce and Industry and the Centre for the Promotion of Private Enterprise have said that the soaring cost of diesel is expected to accelerate inflationary pressure on the economy...

Experts Task FG on Tackling Insecurity to Boost Economic Growth - AfDB In order to boost economic growth and development, financial experts have urged the Federal Government to tackle insecurity in the country. They disclosed this in separate interviews with the News Agency of Nigeria, NAN,...

CPPE: Nigeria’s Total Debt Could hit N50tn The Centre for the Promotion of Private Enterprise estimates that Nigeria's debt, including that of Asset Management Corporation of Nigeria and borrowings from the Central Bank of Nigeria, could reach N50 trillion within a short time. The Chief Executive...

Economic impact of Russia's Invasion of Ukraine on Nigeria-CPPE According to a report issued by the Centre for the Promotion of Private Enterprises (CPPE), the conflict between Russia and Ukraine will affect the Nigerian economy.NAN reports Muda Yusuf, chief executive officer of CPPE, made the...

LCCI Lists Effect Of Twitter Ban On Businesses       The Lagos Chamber of Commerce and Industry (LCCI) has warned against what it described as collateral damage the suspension of Twitter operations in Nigeria would cause. Its Director-General, Dr Muda Yusuf said many businesses, especially small medium enterprises...