Nigeria’s Oil Output Drops By 14% To An Average Of 1.5mb/d       Nigeria might be under pressure to fund its N13.8 trillion 2021 budget following a significant drop of its oil output by 14.08 percent in the first 10 months of 2020, according to data obtained...

2021 Economy Outlook And CBN’s Solutions         The year 2021 is literally here. Suddenly it has become the year for a magic which was initially expected for 2020, but which disappointed due, obviously, to the public health crises of COVID-19 that practically pressured all economies, including...

NNPC Begs Labour For One Week Grace To Consult On Reversal Of Fuel Price         The Nigeria National Petroleum Corporation, NNPC, on Thursday night, requested that the organized labour should give it one week to consult on the reversal of the increase in pump price of...

LUPAN Petitions FG Over PPPRA’s Imposition Of N1.23K Administrative Charge On Base Oil         The Lubricants Producers Association of Nigeria, LUPAN, has petitioned the Federal Government over the imposition of N1.23 kobo administrative charge on base oil by the Petroleum Products Pricing Regulatory Agency (PPPRA). In its...

Businesses, Govts Count Losses To #EndSARS Protests       At the backdrop of the destructions of public and private properties and businesses in the wake of the #EndSARS protests, businesses have been counting their losses while economy experts have listed the immediate challenges the crises have thrown...

Population Of Extremely Poor Persons In Nigeria Hits 102m — NECA         There are indications that Nigeria’s poverty level may have further deteriorated as the latest reports of the Nigeria Employers Consultative Association, NECA, shows a 10 percentage point rise in the number of the extreme...