Ebun Francis The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, disclosed on Wednesday that crude oil production in the country had risen to two million barrels per day.…
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Category: Economy
FIRS made N3.3 trillion in 2016
The Federal Inland Revenue Service (FIRS) made a record N3.303 trillion in 2016, its chairman Babatunde Fowler disclosed in Lagos, shredding earlier reports of the revenue made for the central government by…
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Dangote targets one million tonnes of rice
Ebun Francis Aliko Dangote, President of Dangote Group of Companies,on Wednesday during the inauguration of the Dangote Rice Out growers scheme in Sokoto state, disclosed that his company intends to…
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Nigeria’s inflation rate rises to 18.72 per cent- NBS
Nigeria’s inflation rate increased to 18.72 per cent in January 2017, from 18 .55 percent figure in December 2016., according to figures released Wednesday by the National Bureau of Statistics,…
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World Bank agrees to give Nigeria $2.5bn loan
Ebun Francis On the condition that the Country reform it’s current forex regime, the World Bank has agreed to give Nigeria $2.5bn loan. The news of the approval of the…
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