Sunday, June 28, 2026
Excess crude account depleted by N6.48trn in seven years
Between January 2012 and December 2018, the federal government withdrew a whopping sum of N6.48 trillion from the excess crude...
Read moreDetailsBorder closure has reduced petrol smuggling —NNPC
The recent closure of Nigeria’s borders has significantly led to a reduction in the smuggling of premium motor spirit, popularly...
Read moreDetailsFederal, state, local govts get N3.84trn allocations in six months – NEITI
The three tiers of government drew about N3.84 trillion as statutory allocations from the federation account between January and June...
Read moreDetailsBanks’ early Eurobond redemption signals naira devaluation close
A number of analysts in the Nigerian financial markets were all of last week suggesting that the growing trend of...
Read moreDetailsNigeria’s airspace agency, airline bicker over plane’s faulty landing
By Samson Echenim Nigeria’s aviation sphere is currently troubled as the country's airspace management agency, NAMA and Max Air are...
Read moreDetailsOil falls but remains set for weekly gain on U.S.-China diplomacy
Oil prices fell on Friday as U.S.-China trade tensions continued to weigh on sentiment despite recent diplomatic progress. Brent crude...
Read moreDetailsWe’ve over 80m litres of aviation fuel, says NNPC, as airlines report slight improvement in supply
By Samson Echenim After nearly two weeks of airliners scraping for Jet A1, the fuel used by airplanes, the Nigerian...
Read moreDetailsNigeria tragically living on borrowed time —World Bank
Adetunji Oredipe, the senior agriculture economist, World Bank, on Thursday said the neglect of the agriculture sector when Nigeria’s economy...
Read moreDetailsNigerian equities continue downtrend, lose N32bn in day’s trading
Omobayo Azeez The equities segment of the Nigerian capital market sustained its bearish run Thursday as investors in the market...
Read moreDetailsOil rises to $61 on trade hopes; U.S. inventories eyed
Oil rose to $61 a barrel on Thursday as hopes of progress in resolving the U.S.-China trade row boosted investor...
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Renewables account for 15% of global energy use despite record growth, REN21 Says