Nigeria’s Bonny Light Price Stabilises At $50 Per Barrel         Barely a few days to the end of the year, the price of Nigeria’s Bonny Light has stabilised at $50 per barrel in the international market, about 25 percent above the 2021 budget benchmark of $40. This...

Minister Asks Nigerians To Explore $3.4trn AfCFTA Economy       The Federal Government on Wednesday called on Nigerians, particularly industrialists, to take advantage of the inherent opportunities in the $3.4tn economy of African Continental Free Trade Agreement to promote made-in-Nigeria goods. Minister of Industry, Trade and Investment, Adeniyi...

Rivers, Shell Tango Over Ownership Of Oil Block       The Rivers State Government and Shell Petroleum Development Company are on a collision course over the ownership of Oil Mining Lease 11 and the Kidney Island in Port Harcourt, the state capital. The state government said on Wednesday...

In Three Months, Banks Borrowed N1.7trn From CBN         Deposit Money Banks borrowed N1.7tn from the Central Bank of Nigeria in the third quarter of 2020. The CBN disclosed this in its third quarter economic report. Part of the report read, “Deposit Money Banks and merchant banks continually...

Wanted: A Salvation for Nigeria's Education System By Sadiq K. Dangogo     With the end of nine-month ASUU strike and the recent kidnapped and released of Kankara students in Katsina, one can only imagine the state of education in Nigeria. It is clear that education has not...

Food Prices: Roots and Tubers To The Rescue By Salisu Na'inna Dambatta         The other day the National Bureau of Statistics (NBS) while reporting the current inflation rate, indicated that despite the huge effort to boost productivity in the agriculture sector, the prices of food appreciated and...