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TETFund: Poor Research Output Reason for Infrastructural Deficit – Echono

TETFund: Poor Research Output Reason for Infrastructural Deficit - Echono   The Executive Secretary of the Tertiary Education Trust Fund (TETFund), Sonny Echono, has bemoaned the dearth of quality research in Nigeria, saying it’s at the core of why meaningful development has eluded the country. According to...

N10/litre Excise Duty’ll Hurt Output, Revenues – MAN

N10/litre Excise Duty’ll Hurt Output, Revenues - MAN     The introduction of excise duty of N10/liter on non-alcoholic, carbonated and sweetened beverages by the Federal Government will likely cause a 0.43 per cent contraction in output and about 40 per cent drop in total industry revenues...

Oil Revenue To Remain Subdued As Output Plunges By 15%

Oil Revenue To Remain Subdued As Output Plunges By 15%       Despite the recent rise in oil prices, there are strong indications that Nigeria is not likely to be out of the woods in its petroleum revenue performance and budget funding, due, mainly to the significant...

As OPEC Output Sinks Crude Drops To $60.8

As OPEC Output Sinks Crude Drops To $60.8   Brent crude dropped again in price on Monday, shedding $1.09 to close at $60.82 per barrel. Also, the oil output of the Organisation of Petroleum Exporting Countries fell to an eight-year low in September after attacks on Saudi...

Manufacturing, 45 Others Record N66.77trn Half-year Output

Manufacturing, 45 Others Record N66.77trn Half-year Output The nation’s economy recorded a total output of N66.77tn within a six-month period covering January to June this year, an analysis of the Gross Domestic Product report released by the National Bureau of Statistics on Tuesday has revealed. The...

NNPC, Others Pledge To Boost Oil Sector Output

NNPC, Others Pledge To Boost Oil Sector Output   Key agencies of government under the Federal Ministry of Petroleum Resources have pledged to improve the digitalisation of their systems in order to boost the country’s oil and gas sector. According to the Nigerian National Petroleum Corporation, the...