Most Recent Articles by

Rhoda Onuzulike

Fed Govt. to Review Oil Firm’s Plans on Gas Flaring

The Minister of State for Environment, Dr Iziaq Salako, has said the ministry through the National Oil Spill Detection and Response Agency will be...

Nigeria to Increase Crude Oil Production To 3MB/D- NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) Group Chief Executive Officer, Mele Kyari has informed that the country plans to raise crude oil production...

Road Construction: Executive Council Okays N1.267Tn

The Nigerian government has approved the sum of N1.267 trillion for the construction of 28 roads and bridges across the country. The Minister of Works, Dave...

CBN Directs BDCs to Sell Dollar at N1,269

The Central Bank of Nigeria has disclosed that it will be allocating $10,000 to each Bureau de Change operator at N1,251/$. This was contained in...

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US And Saudi Arabia Sign Landmark Civilian Nuclear Agreement

The United States and Saudi Arabia have announced a landmark agreement to establish a civilian nuclear programme in the kingdom, a move expected to strengthen bilateral ties while drawing scrutiny over its potential impact on regional security. The agreement, unveiled on Wednesday, is expected to create billions of...

Nigeria’s External Reserves Hit $52.5bn As Import Cover Improves

Nigeria’s gross external reserves have climbed to $52.52 billion, enough to cover approximately 11 months of imports, according to the Central Bank of Nigeria (CBN). CBN Governor Olayemi Cardoso disclosed this on Tuesday after the 306th Monetary Policy Committee (MPC) meeting in Abuja. The announcement came as the committee...

DSS To Appeal Life Sentences For Oriire Abduction Convicts

The Department of State Services (DSS) has announced plans to challenge the life imprisonment sentences handed to three men convicted over their involvement in the abduction of school pupils and teachers in Oriire Local Government Area of Oyo State. The DSS said it is dissatisfied with the judgment,...