Gas output: ‘Pipeline sabotage, insecurity undermining Nigeria’s output, export’
While many oil and gas producing nations are taking advantage of the current financial crisis to increase production and revenue, escalating pipeline sabotage and insecurity in the Niger…
‘Nigeria earns $450m yearly from cashew exports’
Nigeria makes at least $450 million annually from cashew exports, according to Babatola Faseru, President of the African Cashew Alliance (ACA).Information Guide Nigeria He declared that rather than…
Engineers canvass policies to boost industrialisation
The Federal Government has been encouraged by the Nigerian Academy of Engineering to step up efforts and adopt industrialization-focused policies as a way to ensure the nation’s economic…
Manufactured goods fall 36% to N2.87tn, inflation looms
The value of manufactured products exchanged decreased 36%, from N4.51 trillion in the second quarter of 2021 to N2.87 trillion in the same time of 2022, according to…
Naira gains slightly at Investors, Exporters window by 0.04%
The Naira gained 0.04 percent against the dollar on Thursday at the Investors and Exporters window, trading for N436.32 as opposed to N436.50 on Wednesday.JAMB Result Before it…
Nigeria’s daily PMS consumption stands at 66m, says NMDPRA
The daily usage of premium motor spirit (PMS) in Nigeria was estimated to be 66 million litres by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).Information Guide…
PENGASSAN threatens 30-day shutdown, Nigeria risks N1.37tn loss
The Petroleum and Natural Gas Senior Staff Association of Nigeria, which was protesting, warned on Thursday to halt oil production in Nigeria for 30 days if the federal…
FG to penalise airlines selling tickets in dollars
The federal government threatened to penalise international airlines that sell tickets in dollars on Wednesday.Information Guide Nigeria Hadi Sirika, the minister of aviation, made this announcement to the…
Why Nigeria should end fuel subsidy – Akabueze
The trillions of naira spent on fuel subsidies, according to Ben Akabueze, Director General of the Nigerian Budget Office, might be invested in other creative industries, especially education.Information…
FG, Agents In War Of Words
The management of the Nigeria Customs Service and some clearing agencies have begun exchanging accusations days after the minister of transportation, Mu’azu Sambo, voiced concerns about overtime cargoes…