This Day NNPC Massively Stockpiles PMS to Sustain Price Crash A daily record of operations of the Nigerian National Petroleum Corporation (NNPC) has disclosed the corporation’s plans to sustain the…
Read More
Punch Why Nigerians haven’t felt impact of exit from recession – NBS boss The Statistician-General of the Federation and Chief Executive, National Bureau of Statistics, Dr. Yemi Kale attributed the…
Read More
Punch CBN injects fresh $250m to lift naira The Central Bank of Nigeria on Tuesday injected $250m into the various segments of the inter-bank foreign exchange market, in order to…
Read More
Export sustains trajectory on higher crude prices… Nigeria’s trade balance extended its surplus position into a second consecutive quarter in Q1 17 (N719 billion), following another sturdy rise in exports…
Read More
Punch FG awards $5.8bn Mambilla power plant contract The Federal Executive Council on Wednesday approved the contract for the engineering work of the Mambilla Hydro Electric Power Plant in Taraba…
Read More
Non-oil rebound cascades to slower contraction in Q1 17 Extending the trend from 2016, when output shrank 1.5% relative to 2015—encapsulating four quarters of YoY contraction, real GDP contracted 0.5%…
Read More
Punch 98% of documents in crude sale transactions fake — NNPC The Nigerian National Petroleum Corporation on Sunday announced that about 98 per cent of all documents involved in the…
Read More
Punch NNPC, IOCs join forces against oil, gas sabotage The Nigerian National Petroleum Corporation has said it is working closely with international oil companies to deploy a structured security apparatus…
Read More
Punch Govt revenue declined by N183.2bn in July The revenue accruing to the federation account from oil and non-oil sources recorded a decline of N183.26bn from N570.58bn received in the…
Read More
Quest for elevated yields boost the Pension Assets Pension fund assets continued its steady growth with AUM rising 5.4% to N6.4 trillion between year-end 2016 to April 2017. As in…
Read More