In a bid to create a forum for dialogue towards resolving issues surrounding the petrol subsidy removal across the States, the National Economic Council (NEC) has constituted an Ad-hoc Committee to…
Vice President Kashim Shettima presided over the National Economic Council (NEC) meeting on Thursday in Abuja. The meeting convened at the Council Chamber of the Presidential Villa and broug…
President Bola Tinubu has assigned portfolios to his ministers, over one week after they were screened by the Senate. The portfolios were announced by the president’s office as contained in …
The Nigeria National Petroleum Corporation (NNPC) Limited has secured a $3 billion emergency crude oil repayment loan from the African Export-Import Bank (AFREXIM Bank). In a post via it’s o…
Nigeria’s headline inflation has experienced an all time jump, reaching 24.08% in July 2023, according to data released by the National Bureau of Statistics (NBS). This surge represents the …
In response to public outrage over the escalating cost of living, Kenya government has reinstated a small subsidy to stabilize retail fuel prices for the next 30 days in the country. The Ene…
Diesel prices have surged to between N900 and N950 per liter in multiple states due to the ongoing foreign exchange crisis in Nigeria and the recent enforcement of a 7.5 percent Value Added Tax (VA…
The Gombe State government has commenced the distribution of palliatives to 30, 000 beneficiaries, to cushion the effects of the removal of petrol subsidy on residents of the state. Governor…
President Bola Tinubu has assured Nigerians that there will be no hike in the pump price of petrol for now. Tinubu’s reassurance follows concerns raised by Chief Chinedu Ukadike, the Nationa…
In response to recent media speculation regarding a possible surge in petroleum pump prices, the Nigerian National Petroleum Company Limited(NNPCL)has said it has no intention to increase the retai…
Salihu Lukman, the immediate-past National Vice Chairman for the Northwest region of the ruling All Progressives Congress (APC), hasraised the alarm over what he termed “disturbing signals” under t…
The Organisation of the Petroleum Exporting Countries (OPEC) has said the U.S. dollar index decreased by 1.6 per cent month-on-month (m-o-m) in July, erasing gains from the previous period. …
