Nigeria generated N799.10 billion from the oil sector in the first quarter of 2022, the Central Bank of Nigeria (CBN) has said. The figure represents a 28.3 percent decline from…
Read More CBN report: Nigeria generated N799bn oil revenue in Q1 2022
Category: Business
Report: Data shows Lagos is not Africa’s third-biggest economy, as claimed by officials of Nigerian ruling APC
Officials of Nigeria’s ruling All Progressives Congress (APC) have alleged that Lagos State is the third-largest economy in Africa. The claim spread after an influential ex-governor of the state, Bola…
Read More Report: Data shows Lagos is not Africa’s third-biggest economy, as claimed by officials of Nigerian ruling APC
Nigeria will stop importation of petrol by 2023, says NNPC MD
By our reporter| Nigeria will stop importation of refined crude oil products when Dangote Oil Refineries and Petrochemicals project comes on stream latest by the middle of next year, the…
Read More Nigeria will stop importation of petrol by 2023, says NNPC MD
NNPC says Churches, Mosques involved in crude oil theft, defends award of contract to Tompolo
By our reporter| The Nigerian National Petroleum Company (NNPC) Limited, on Tuesday, indicted government officials, religious leaders, security agencies, and even some staff of the corporation in crude oil theft.…
Read More NNPC says Churches, Mosques involved in crude oil theft, defends award of contract to Tompolo
Delta Air Lines to suspend New York-Lagos direct flights
By our reporter| Delta Air Line on Tuesday announced the suspension of New York- JFK and Lagos effective October 4, 2022. The airline, in a statement, said the nonstop flight…
Read More Delta Air Lines to suspend New York-Lagos direct flights