Nigeria Records Stable Oil Production Level Of 2.3mbpd   The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru yesterday stated that the corporation as at June 2019 recorded 2.3 million barrels per day of crude oil production. Baru also disclosed that the...

Insurance Report: Nigeria Ranks Highest In Vessel Stowaways, Piracy   Nigeria overtook Indonesia in global piracy incidents in the maritime sector, accounting for one out of every four reported cases in 2018, according to the latest report by Allianz Global Corporate & Specialty, a global corporate...

Highly Indebted States: Lagos Debt Hits N1.043trn in 2018- Investigation … High Indebted States: Lagos, Rivers, Osun, Kaduna, Imo .… Low Indebted States: Yobe, Jigawa, Kwara, Ondo, Ebonyi Lagos State, South West Nigeria, is number one among the Highly Indebted States in Nigeria in both external and...

Nigeria’s Growing Insurance Capital Attracts Foreign Firms Higher capital requirements for insurers in Nigeria are set to provoke a wave of consolidation, with foreign players in the driver’s seat. Analysts believe that, consolidation will most likely help the new rules to work. The National Insurance Commission...

Nigeria Must Be Ready For Next Global Economic Crisis, Says Emefiele Governor of Central Bank of Nigeria, Godwin Emefiele, on Wednesday, said Nigeria must prepare for the next global economic crisis. Emefiele said this while delivering a lecture titled: ‘Beyond the Global Financial Crisis: Monetary Policy...

W/Bank Grants Nigeria 30yrs To Repay $350m Rural Power Fund Nigeria will have about 30 years to repay the World Bank the $350 million it borrowed from it to fund the expansion of access and supply of electricity to rural communities, educational institutions and underserved...