PIA Will Enhance Energy Growth In Nigeria, Says Sylva
Minister of State Petroleum Chief Timipre Sylva has declared that the Petroleum Industry Act (PIA) will enhance energy growth and sustainability in Nigeria.
Speaking as a participant at a ministerial roundtable, at the World Petroleum Congress (WPC),...
Chopwork: When Nigeria Startups Penetrate E-Market Sector, by Abbas Badmus
Artificial Intelligence (AI) is highly rated among the most disruptive technologies, and a great means for startups to achieve their hyper-growth targets.
With a number of applications in big data, computer vision, natural language processing, and...
November Oil Production Increases To 1.44m Daily – Report
In a related development, Nigeria, Africa’s largest oil producer, produced 1.44 million barrels per day in November, a rise of 70,000 bpd from the previous month, as output from Bonny Light and Erha fields rebounded, according...
Conflict, Displacement Hindering Food Production In Nigeria, Nine Others – W/Bank
The World Bank says conflict, forced displacement, and low agricultural productivity hindered Nigeria and some African countries from becoming self-sufficient in food production.
Washington D-based lender said this in a new report published on Wednesday,...
Foreign Trade Records N3.02trn Deficit In Q3, 2021
Nigeria’s total external merchandise trade recorded a N3.02 trillion deficit in the third quarter of the year (Q3 2021) as imports significantly outweighed exports, leading to unfavourable trade balance, the National Bureau of Statistics (NBS) said yesterday.
However,...
Nigeria Records N8.9trn Trade Deficit In Nine Months
Nigeria recorded a negative trade balance of N8.9tn, between January and September, 2021, data from the National Bureau of Statistics have shown.
Within this period, total foreign trade stood at N35.09tn, comprising N22tn imports and N13.1tn exports, leading...
