Tuesday, April 23, 2019

Tighter 2019 Market For OPEC As Nigeria, Others Defy Cuts

Organisation of the Petroleum Exporting Countries (OPEC), has forecast a much tighter market in 2019, and has seen its production fall significantly this year, led by curbs to Saudi...

Nigerian Customs To Consider Alternative Cargo Movement From The Port

To enhance quick cargo delivery, the Nigeria Customs Service, NCS, is currently considering the use of alternative transport mode. The Deputy Comptroller in charge of...

Crude Price Hits $70.6pb Highest Level In 5 Months

International benchmark Brent futures rose to highest level since November 2018 yesterday, on account of OPEC’s ongoing supply cuts and U.S. sanctions against Iran and Venezuela. Brent...

FG Secures $532.8 Million Islamic Development Bank Grant To Improve NAHCON, Others

The Federal government, through the Minister of Finance, Mrs Zainab Ahmed, has secured a $532.8 million grant from the Islamic Development Bank (IDB) on behalf of the Federal Government....

Emefiele, Ahmed Join Other World Economic Experts At IMF/World Bank Meetings

The Minister of Finance, Mrs Zainab Ahmed and the Governor, Central Bank of Nigeria, Mr Godwin Emefiele, will join other economic experts from around the world to discuss issues...

Why We Are Not in Support Of VAT Increase – OPS

A major challenge facing Nigeria’s economy is the diversification of its revenue from crude oil earnings base. This diversification has become necessary with the realisation that dependency on crude oil...

Step Up Your Investments To Compete With IOC’s – Kachikwu To Indigenous Oil &...

Dr. Ibe Kachikwu, Nigeria's Minister of State for Petroleum Resources, tasked indigenous operators in the oil and gas sector to step up their investments and take over major operations from international...

3 Reasons Nigeria Will Remain Underdeveloped – Dele Solowale

Three national newspapers published three reports which individually and collectively reveal why Nigeria will remain economically and socially under-developed for decades to come. The three stories are relevant for...

N30,000 Minimum Wage Bill Goes To Buhari For Assent

The struggle for an N30,000 minimum wage for the least paid workers in Nigeria by organised labour appears to be nearing a joyous end as the National Assembly has...