Thursday, November 21, 2024

Economy

NNPCL Urges Creation of Special Court to Combat Crude Oil Theft

Mfon Ekanem - June 14, 2024

To fully harness its potential as a driver of national economic and industrial growth, Mele Kyari, Group Chief Executive Officer of NNPC Limited, emphasized the crucial role of the judiciary in addressing the challenges of crude oil theft and...

Economy

Nigeria Repays China, World Bank, Others Over $2bn Debt, Borrows Another $2bn

Abbah Umar - June 14, 2024

In the first five months of 2024, Nigeria has witnessed a remarkable surge in its expenditure on external debt servicing, as per the latest data released by the Central Bank of Nigeria (CBN). The figures paint a picture of...

Economy

Nigeria’s Crude Oil Production Falls to 1.25 Million Barrels Per Day in May, Reports OPEC

Mfon Ekanem - June 13, 2024

Nigeria's crude oil production fell to a record low of 1.25 million barrels per day (bpd) in May 2024, according to the Organisation of Petroleum Exporting Countries (OPEC). The OPEC monthly oil market report for June, reviewed by Channels Television,...

Economy

BREAKING: NLC, TUC Differ on Minimum Wage Demand: “Not N250,000”

Mfon Ekanem - May 8, 2022

In the midst of the ongoing discourse surrounding the establishment of a new national minimum wage for Nigerian workers, organized labor has underscored their flexibility, stating that they are not rigidly adhering to a specific numerical value. The recently concluded...

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